• Proceedings of the KIEE Conference
• /
• 2008.07a
• /
• pp.2073-2074
• /
• 2008

In this study, methodologies for the establishment of electrical works technology roadmap and its categorization are proposed analyzing different technologies and organizations roadmaps, existing electrical works technology roadmaps, new technology roadmaps, and so on. These methodologies could contribute on the direction for R&D policies of the government and companies, the cooperation studies between academies, institutes, and enterprises, and new market formation.

• Proceedings of the KIEE Conference
• /
• 2008.07a
• /
• pp.2081-2082
• /
• 2008

본 논문에서는 전기공사의 표준 공사원가 산정기준인 전기부문 표준품셈 체계개편이 2002-2004년까지 있었던 바, 동 체계개편 과정에서의 문제점 보완과 신규 제정 품셈에 대한 현황을 분석하고 공사원가에 미치는 영향 및 품셈 제.개정 과정에서의 문제점 등을 분석하여 합리적이고 객관적인 공사원가 산정기준을 만드는데 기여하고자 체계개편 내용과 동 내용을 적용한 2006년 이후 최근 2년간의 제 개정 현황을 비교하여 종합적으로 분석 표준품셈 제.개정의 합리적 개선방안을 제시하고자 한다.

• Proceedings of the KSR Conference
• /
• 2001.05a
• /
• pp.30-35
• /
• 2001

THSRC uses the self-certification system for its high-speed rail construction. The self-certification system takes advantages of obtaining good qualify in project and communicating well between contractors and QA/QC organization. But one should understand ISO 9000s and the self-certification system of contractors in advance and contractors try to control Quality of construction spontaneously. Actually, construction progress is slowed down because of increased QA/QC works. For adapting this system in domestic construction, it is need to understand ISO 9000s and the self-certification system.

• Korean Journal of Construction Engineering and Management
• /
• v.4 no.1 s.13
• /
• pp.75-80
• /
• 2003

Internet use in the world is rapidly growing. The Internet Is affecting all aspects of life, as we know it. The world of business will probably be changed forever. The construction industry is a major part of the business world It is also seeing changes because of the Internet. This study is to provide the construction industry with an understanding of the current use of the Internet by U.S. general contractors. This study consisted of surveying construction general contractors with regards to their current and future Internet use. The study shows that Internet use by U.S. general contractors is the highest at what was identified as the support level . Use at the corporate level was second, while use at the project level was lower. This study demonstrates that companies of every size are using the Internet somehow in order to remain competitive and to enable improvement of performance.

• International conference on construction engineering and project management
• /
• 2005.10a
• /
• pp.459-468
• /
• 2005

International contractors must consider the substantial risks related to unexpected foreign exchange fluctuation incurred by conducting their business and using foreign currencies in foreign countries. Most international contractors attempt to minimize foreign exchange exposure within a manageable range because it may influence the company's fundamental financial structure, reduce market value or profit margins, or disrupt ongoing and future projects. This research provides a qualitative study of existing foreign exchange exposure (transaction, operation, and translation exposure) and current & effective foreign exchange risk management in American and Korean international contractors, as they represent both new and long-time members of the global construction market. Finally, recommendations of techniques for new and existing international contractors to minimize and better manage foreign exchange risk will be offered.

• KSCE Journal of Civil and Environmental Engineering Research
• /
• v.34 no.5
• /
• pp.1599-1608
• /
• 2014

This study is to suggest specialty contractors with countermeasures to construction orders falling off, one of the construction business indicators for the construction industry, by analyzing the impact of dwindling construction orders to business performance indicators of specialty contractors as well as identifying inter-relationships between those performance indicators. For specialty contractors of civil construction, it is analyzed that their current ratio is significantly affecting obtention of construction orders, which in turn greatly affecting the ratio of owner's equity. It seems that the amount of construction orders has a direct relationship with the corporate stability. Therefore, this type of specialty contractors are determined to be able to obtain more orders for construction by improving current ratio.

• KSCE Journal of Civil and Environmental Engineering Research
• /
• v.35 no.1
• /
• pp.193-202
• /
• 2015

This study suggests strategies business strategies of specialty contractors by interaction analysis between business performance indicators and construction business indicators depending on operation types. To analyzing this research, a database was analyze for construction orders and business performance indicators for specialty contractors with KRW 7 billion from 1997 to 2010 yr. For organized management oriented specialty contractors, the amount of construction orders is directly affecting the corporate stability and therefore decreasing orders can negatively affect the owner's equity ratio. However, considering that the turnover ratio of total liabilities and net worth is affecting the owner's equity, an asset management plan needs to be established in a way to increase sales to the owner's equity secured with increase in construction orders. For a single leader oriented specialty contractors, the owner's equity ratio is also significantly affected by change in the amount of construction orders and some countermeasure is required. But, as liability ratio is affecting the amount of construction orders, some sort of countermeasures to decrease liability ratio is required.

• Korean Journal of Construction Engineering and Management
• /
• v.12 no.5
• /
• pp.146-154
• /
• 2011

Korean contractors have been maintained sustainable growth since entering into overseas construction market for the first time in 1960' s. In 2010, Korean contractors ordered 761 billion (USD) from overseas markets. Especially, billion (USD) were earned by Korean contractors in overseas plant construction market which account for more than 80% of the total amount by Korean contractors. Nevertheless, many Korean contractors are suffering from lack of technological competitiveness and construction management skills in the design phase compared with global leading contractors. These conditions have directly effect on the success of projects in terms of cost, duration, and quality. So, this study focused on identifying the risk factors and developing risk priority method for the design phase of LNG plant projects whose market is expanding. Research procedures were conducted by the following three steps. First, total 57 risk factors were identified in design phase through extensive literature reviews and experts survey. Second, the authors developed risk priority method which are more suitable for design phase of LNG plant projects by using three criteria, Probability(P), Impact(I), and Coordination Index(CI). Finally, the suitability of risk priority method and practical applicability were verified through expert survey and interview. Consequently, if korean contractors use the suggested risk factors and priority method based on their own know-how and experiences, then more reasonable and rational risk management will be conducted in the design phase of LNG plant projects.

• Journal of the Korean Society of Safety
• /
• v.32 no.2
• /
• pp.78-84
• /
• 2017

Subcontractors have an increased risk of accidents compared to large contractors. Subcontractors' safety management system is in close association with workers in construction sites. Contractors should strengthen subcontractors' roll and responsibility and provide continual support to prevent an accident. And also these supporting system should be provided to subcontractors' headquarters as well as construction site. Contractors' priority management for subcontractors safety should be transferred from the post management for disciplinary action to the preventive management to improve subcontractors participation and safety performance. Subcontractors can not establish the safety management system with just a one time supporting only. Contractors support and monitoring should be provided to subcontractors regularly and continuously to establish their self safety management system. The subcontractors safety management system improvement program(SSMSIP) suggested in this study will be a effective supporting system for subcontractors to establish and improve their safety management system. If we carry out the objective and quantitative evaluations and supporting system such as SSMSIP and provide the consequential incentive program to subcontractors, it can contribute to the accident reduction.

• International conference on construction engineering and project management
• /
• 2005.10a
• /
• pp.1237-1243
• /
• 2005

International construction projects are exposed to various and complicated risk factors stemming from different political, economical, social, and cultural backgrounds, which make contractors entering into international construction to experience severe losses. It implies that overseas markets do not necessarily secure the high return, which is typically expected to in the high risky attempts. Accordingly, contractors need to evaluate various risk factors faced with overseas construction projects that can possibly aggravate the profitability. This paper aims at establishing a valid groundwork for further research on developing the integrated risk management model. For this end, it analyzes the long-term trend of profitability on total of 3,487 projects performed by Korean global contractors in world-wide construction markets during the last four decades. Then, it investigates the possible factors/causes of bad profit that have affected the profitability significantly through the structured surveys of 90 real overseas projects based on the project-specific information and experiences of Korean contractors in overseas markets. Furthermore, it analyzes relative importance of these factors/causes and identifies the important features expected for the risk management of international construction projects. Finally, vital distinctions between success and failure projects and lessons learned to improve profitability are then distilled.