• Title/Summary/Keyword: Korean Contractors

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Interaction Analysis between Construction Business Indicators and Business Performance Indicators of Specialty Contractors providing Labors (노무중심 전문건설업체의 건설경기지표와 경영성과지표의 상관성 분석)

  • Kim, Nam-Sik;Lee, Dong Wook
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.34 no.6
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    • pp.1893-1899
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    • 2014
  • This study is to suggest strategies of specialty contractors that provide labors oriented engineering service by interaction analysis between construction business indicators and business performance indicators. For specialty contractors that mainly provides labor oriented engineering service, the amount of construction orders imposes lasting impact to the turnover ratio of current assets supposedly because they are operating current assets to secure labor. In other words, this type of specialty contractors are focused on mobilization of labor not materials or equipment. So, it is determined that they will be able to increase revenue by operating current assets to address current liabilities and labor mobilization.

Development of Electrical Construction Cost Index for Historical Construction Costs Estimation System (실적공사비 적산제도 활용을 위한 전기공사비지수 개발)

  • Sohn, H.K.;Lee, H.K.;Park, M.Y.;Park, I.P.;Kwon, Y.M.;Seo, S.S.;Kim, K.G.;Kim, J.H.
    • Proceedings of the KIEE Conference
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    • 2005.07e
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    • pp.37-39
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    • 2005
  • When we have been estimated construction costs, till now, we are used to costs accumulating method of each items based on standard labors rates. But there are some problems of its methods. Our governments are applied to a historical construction costs estimation system for building construction and civil engineering works from January 2004. The electrical construction works are forecasted that applied to historical construction cost estimation systems. This paper is showed to development of electrical construction cost index for estimation of historical costs and contract prices.

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The Change in Construction Industry of Korea from the 1920s to the 1930s : Researching Activities of Hanazono Sakichi (하나조노 사키치의 활동을 통해 본 1920-30년대 청부업의 변화)

  • Lee, Soo-Neon;Jeon, Bong-Hee
    • Journal of architectural history
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    • v.29 no.2
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    • pp.7-18
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    • 2020
  • The purpose of this study is to examine the construction industry of Korea from the 1920s to the 1930s by analyzing activities of construction-contractors trying to overcome the recession of the construction industry and intensified competition in the industry. In this paper, I looked at the activities of Hanazono Sakichi as concrete examples. First of all, with the strategy of the vertical integration, by manufacturing and selling building materials, Hanazono Sakichi expanded his company and the scope of contract business. The second, he attempted to diversify related projects. Through related diversification, he seemed to have earned not only land management profit but also advantages from related construction. These aspects were not only seen by Hanazono's activities but also by other contractors'. On the other hand, a few contractors have taken over a trust company to secure the funds for land management. Attempts to maximize personal interests through the expansion and diversification of contractors' business can be seen as overcoming the pre-1920s environment, where almost construct works were ordered under the government, and creating opportunities for the private sector to work and make profit by themselves. In the end, it can be mentioned that 'the contractor' established 'the construction industry' through this process.

A Study on the Human Resource Management of the Specialty Contractors Performing Multi Projects -Focused on Rebar and Concrete Work- (멀티프로젝트를 수행하는 전문건설업체의 최적인력관리방안 기초연구 - 철근.콘크리트공사 중심으로 -)

  • Seo, Jong-Min;Na, Young-Ju;Kim, Sun-Kuk
    • Journal of the Korea Institute of Building Construction
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    • v.8 no.5
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    • pp.67-73
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    • 2008
  • Recent trends in construction towards larger scale and taller buildings are causing problems by ineffective existing management approach in construction industry have emerged. Delivering necessary materials and mobilizing the human resources and equipment In a timely manner to keep labor on schedule have become a critical issue to be addressed. In particular, many specialty contractors carrying out multiple projects have been experiencing difficulties mobilizing the manpower on time and in right places due to poor communication at each stage of labor supply, resulting in waste of valuable resources. Hence, it's imperative for the specialty contractors to obtain specific information on labor demand so as to set up a communication and labor management system to ensure the right human resources will be mobilized in the right place at the right time. The study therefore is aimed at developing an optimal human resources management system for specialty contractors performing multiple projects. To that end, the study is focused on rebar and concrete work. The outcome of the study is expected to help allocate the right human resources to the right place in a timely fashion, thereby achieving an effective workflow at construction sites.

Estimation method of Overhead Costs for Historical Costs Estimation System of the Electrical Construction Works in Korea (국내 전기공사 분야 실적공사비 적산제도 도입시 간접공사경비의 산정방안)

  • Sohn, H.K.;Lee, H.K.;Park, M.Y.;Park, I.P.;Kwon, Y.M.;Seo, S.S.;Kim, K.G.;Kim, J.H.
    • Proceedings of the KIEE Conference
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    • 2004.05b
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    • pp.148-151
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    • 2004
  • When we have been estimated construction costs, till now, we are used to costs accumulating method of each items based on standard labors rates. But there are some problems of its methods. Our governments are applied to a historical construction costs estimation system fur building construction and civil engineering works from January 2004. The electrical construction works are forecasted that applied to historical construction cost estimation systems. This paper is supposed to reasonable estimation methods of overhead costs and profits.

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Role of Quantity Surveyor and Activities of reeled Associations in Historical Construction Costs Estimation System of Foreign Countries (외국의 실적공사비 제도에서 적산사의 역할과 적산사 협회의 활동현황)

  • Sohn, H.K.;Lee, H.K.;Park, I.P.;Park, M.Y.;Kwon, Y.M.;Seo, S.S.;Kim, K.G.;Kim, J.H.
    • Proceedings of the KIEE Conference
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    • 2004.05b
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    • pp.176-179
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    • 2004
  • When we have been estimated construction costs, till now, we are used to costs accumulating method of each items based on standard labors rates. But there are some problems of its methods. Our governments are applied to a historical construction costs estimation system fur building construction and civil engineering works from January 2004. The electrical construction works are forecasted that applied to historical construction cost estimation systems. This paper is summarized to roles and systems of quantity surveyor. And we investigated to activities and organizations of its associations.

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EXPANDING THE GLOBAL CONSTRUCTION OPPORTUNITIES THROUGH BUSINESS CONVERGENCE

  • Soo-Sam Kim;Seung Heon Han
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.40-40
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    • 2009
  • Construction firms have long sought success in the global construction market through diversifying revenue sources and project portfolios. The volume of international contracts has contributed to firms' sustained growth by mitigating the impact of the domestic market's cyclical nature. In spite of the importance of international construction, the uncertainty and dynamic changes surrounding global construction pose serious threats to global contactors. Over the last decade, the international construction industry has changed drastically in many ways, particularly including financial resource diversity, competition rules for the selection of contractors, and the terms of delivery systems requiring more competent total service providers. This paper investigates the important changes for global contractors through various documentation analysis as well as in-depth interviews with industry experts. This paper then analyzes the common strategies and lessons obtained from the cases of leading global contractors that have sustained their growth in the competitive global construction during the last decade. In addition, the authors further analyzed the comparisons between those firms and Korean contractors to discern any difference in sustaining their growth in the competitive market. It was found that those leading firms were quite proactive and responsive to changing markets by diversifying their market revenues to stabilize their revenue structure and enhancing their competency through a wide range of 'business convergence'. In addition, they significantly increased their upstream/downstream functional capabilities; hence becoming more competent service providers, able to grow in these rapidly changing market conditions. Finally, this paper benchmarks the critical strategies that support growth, which in turn can provide a strategic guideline for expansion into the global construction market.

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The Quantitative Assessment of Occupational Accident Reduction by the Injury Ratio Survey Regulations (건설업 재해율 조사의 정량적 산업재해 감소효과)

  • Ahn, Hong-Seob
    • Journal of the Korean Society of Safety
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    • v.21 no.3 s.75
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    • pp.59-66
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    • 2006
  • Injury Ratio Survey Regulations(IRS) was introduced to the construction industry in the Republic of Korea since 1992 and brought positive effect on occupational accidents reduction. There were tremendous decrease of injury ratios and enforcing of contractors' safety organizations from the beginning of IRS. In spite of these positive results, there were some negative effects such as contractors' shrinking injury reports to keep good injury ratios since these figures had a great impact on pre-qualification stage of bidding when general contractors were competing for new construction projects. Thus, this study aims to devote on lessening construction injury and elimination of above negative impacts through the quantitative statistic analysis of the effectiveness on the occupational accidents prevention of IRS. According to this assessment, there were decrease of from 6.37% to 44.34% in the accident ratios compared to those of non-IRS groups and decrease of from 3.32% to 83.51 % in the accident ratios compared to those of general industry including the unreported accidents.

A Study about BIM Execution Plan for Specialty Contractors at Construction Phase - focused on Specialty Contractors in Reinforced Concrete Works - (시공단계에 참여하는 전문건설업체를 위한 시공 BIM 수행계획 구축 - 철근콘크리트 업체를 중심으로 -)

  • Lee, Joo-Sung;Ham, Nam-Hyuk;Kim, Jae-Jun
    • Journal of KIBIM
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    • v.5 no.3
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    • pp.19-32
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    • 2015
  • For decades, the productivity issue has been a primary concern for the all stake-holders who participate in domestic construction industry. Especially, between a whole life cycle of building, the construction phase's productivity problem makes or break the entire project. In this respect, the general construction company, who accept the order and construct the building(so called General Contractor), should consider various strategies, such as schedule management, cost management, quality management, inner-crew management, etc., for the productivity improvement., and almost of these management methods have been studied for a long time. But, the researches and studies about the specialty contractor, who construct the building directly in construction site were not sufficiently complete yet. This research begins as an idea which tries to apply the BIM(Building Information Modeling) into the tasks of Specialty contractors for their productivity improvement. And for the effective application of construction BIM to specialty contractors, establish of the BIM project execution plan for them, not the fragmentary adoption of BIM. Therefore, in this paper, we develop the BIM project execution plan for the reinforced concrete companies who conduct the framework construction which located on CP(Critical Path) Especially, we model the "Construction BIM Use List for the RC Work", "BIM Application Master Process" and "BIM Application Detailed Process", and general contractor who use these BIM uses list and process models can manage various specialty contractors about schedule, cost, earned value, quality, safety and environment management systematically.

A Coordinative Committee Model between Architects and Contractors in Design-Build Projects (설계시공일괄공사에서 설계자와 시공자 간의 단계별 중간협의체 운영모델)

  • Kong Seung-Hwan;Kong Seung-Hwan;Eom Ik-Joon;Koo Kyo-jin
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.323-328
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    • 2004
  • Domestic Design-Build, which has applied for client's convenience, has many problems Because It is being applied in the building law, which devides between architects and contractors. Among problem the relation between architects and contractors is a typical problem. It makes a quality decline and a design skill decline. In result, it causes insufficience of competitive power in overseas projects from now on. So we present the plans to improve mutual relations between architects and contractors. And we induce development of design skill and good quality of building by presenting a coordinative committee model between them in Design-Build projects.

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