• Title/Summary/Keyword: OVERSEAS CONSTRUCTION PROJECT

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Selection of Frontier Green Construction Product

  • Hyounseung Jang;Seokin Choi;Boknam Lee;Wooyoung Kim;Chulki Chang;Younghwan Lee
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1426-1432
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    • 2009
  • Green growth is summarized as the national growth strategies to enhance the quality of life as a whole by converting not only the lifestyle but the economic and industrial structures into the low carbon and eco-friendly environments with the green growth industries with low carbon as the momentum for new growth, based on green technologies including renewable energy technologies, energy and resource efficient technologies, converging technologies related to technologies to reduce the environmental pollution. Roles of the construction industry along with other industries are very important in securing justifications for the cooperation between our government and industries for challenges to this green growth as well. The national effects of economy are very large from leading the construction industry to the green construction from the national level. Accordingly, this study suggested responsive plans for both government and companies for the activation of green construction by selecting 15 frontier green construction products and analyzing them by the type of strategy in Korea, as well as analyzing recent trends of overseas green construction.

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Proposing a BIM Activation Plan in Civil Projects by Investigating Guidelines in Procurement Processes - Proposing Contents of Guidelines to Support BIM Project in the Road Sector - (국내 발주지침 보완을 통한 토목분야 BIM 활성화 전략 제안 - 도로분야 BIM 프로젝트 지원을 위한 과업지시서 구성요소 제안 -)

  • Choi, Go-eun;Lee, Jaewook;Hong, Chang Hee;Moon, Hyeonsuk;Kim, Do Young
    • Journal of KIBIM
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    • v.13 no.2
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    • pp.47-57
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    • 2023
  • The purpose of this study is to propose a guideline to help the client and bidder operate the BIM project in the domestic road field. As BIM design is mandatory in the construction field, documents disclosed by the ordering agency must essentially include procedures and step-by-step requirements to support BIM. The purpose of this study is to propose the structure and components of the guidelines that practitioners need practically by utilizing the currently announced road field guidelines. The guidelines are analyzed based on the procurement documents that were pre-emptively shared overseas, and supplemented according to the domestic situation. Furthermore, the effectiveness of the revised guidelines is confirmed through expert consultation. This study aims to contribute to creating an environment in which construction practitioners who have no experience in BIM project can efficiently carry out BIM projects.

Development of EPC Business Process Management Model for Improving Plant Project Management (플랜트프로젝트 사업관리 업무절차 개선을 위한 EPC 수행단계별 BPM모델 개발)

  • Park, Bum-Jin;Lee, Min-Jae;Lee, Tai-Sik
    • Korean Journal of Construction Engineering and Management
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    • v.9 no.5
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    • pp.149-158
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    • 2008
  • Plant construction is being a motive power of national economic growth, because it is a higher value-added business which has enormous influence through other industry. But, plant projects management of the domestic company was poor. So, the development of EPC Business Process Management method has been encouraged. Therefore, this paper performed several researches for setting up the EPC Business Process Management Model for improving plant project management. And the details are as follows. First of all, this study collected the work procedure manuals of 12 large-sized international construction companies. Secondly, from the analyzing gathered EPC work procedure manuals, issues of work procedure manuals were analyzed and improvement plans were drawn out. Basis on this, This study presents a method to improve project management for EPC plant project. 'The Work Procedure Matrix for EPC Management' and 'Key Unit Works for EPC Management' were drawn out by using overseas construction management theories and international regulations. In addition, 'The EPC Business Process Management Models' reformed to the Business process method, that is the set of specifications, documents and procedures used to manage the EPC plant project. And it describes how the EPC work procedure manuals will be used. Finally, this study suggests the model of EPC Business Process Management System. The framework of Plant project management can be clarified by using 'The Work Procedure Matrix'. And 'Key Unit Works' are used to organize the work procedure needed to improve plant projects management. The results of this study will help to improve in project management efficiency for plant construction.

A Study on Variation of Economic Value of Overseas Carbon Reduction Projects with Risk Factors (해외 탄소저감 사업의 위험요소를 고려한 사업 경제성 변동 분석)

  • Park, Jongyul;Choa, Sunghoon
    • Korean Journal of Construction Engineering and Management
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    • v.24 no.6
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    • pp.45-52
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    • 2023
  • Recently, as climate change caused by greenhouse gases is intensifying, the international community has committed to reduce greenhouse gas emissions. The purpose of this study is to present the methodology and major considerations for investment judgment. Two actual cases of overseas projects were selected as study subjects. As an analysis method, the major risk factors were defined as a probability distribution, and the NPV was stochastically estimated using the Monte Carlo simulation method. In addition, assuming a policy change, the range of NPV change was analyzed. As a result, the average NPV of project A was lowered by 19%, and the probability of showing a negative NPV was 12.2%. The average value of project B was lowered by 12.5%. Considering the policy change, project A can obtain economic benefits only when it obtains 72.9% or more of the total amount of carbon credits generated, and project B is economically feasible when it acquires 49.5% or more. As a result, the average value of project A is lower than the net present value under basic assumptions, so caution is needed in investment decisions depending on changes in major risk factors. Additionally, considering policy changes, the carbon credit distribution ratio should be differentially applied depending on the project size, and this was presented as a specific figure.

A STUDY ON THE INTRODUCTION OF PERFORMANCE WARRANTY SYSTEM FOR PAVEMENTS INTO KOREA

  • Tae-Song Kim;Yong-Chil Seo;Sang-Beom Lee;Kyong-Ju Kim;Jai-Dong Koo
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1446-1452
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    • 2009
  • This study is designed to examine the current status of the performance warranty systems for asphalt pavements implemented in Europe, USA, and Japan, and to review the feasibility and possibility of introducing this system into the Korean environment. For such objectives, the concept and necessity of performance warranty and the status of Korean contracting systems and overseas performance warranty systems were evaluated. In particular, the bidding systems, performance guarantee systems, and maintenance work inclusion status in the projects and warranty specifications of Europe, USA and Japan were comparatively evaluated. And methods of introducing the performance warranty system by utilizing defects liability system and design-build contracts of Korea were suggested.

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A Study on plans for improving localization of process pumps for petrochemical plants (석유화학 플랜트용 프로세스 펌프의 국산화율 제고 방안에 관한 연구)

  • Cho, Won-Bae;Moon, Seung-Jae;Yoo, Hoseon
    • Plant Journal
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    • v.5 no.3
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    • pp.50-58
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    • 2009
  • In this paper, the present condition for localization of process pumps and the enhancement method of the localization ratio of process pumps for refinery and chemical plant market were studied. The market of plant industry in the world has grown rapidly since 2000. However, the profit of domestic plant EPC compaies cound not have been increased as much as the market scale because they procured most of equipment from overseas. To make remarkable profit of plant EPC companies in the petrochemical industry, localization of equipments is required. Suitable equipment for localization is process pump applied API 610 standard. An purchased amount of pumps from overseas by domestic plant EPC companies in the last two years were 230 billion won. If process pumps are localized then an profit of plant EPC project will increase.

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An analysis on the International Construction Market and the Business Performance of Top Contractors after the Global Financial Crisis

  • Sung, Yookyung;Choi, Seok-In
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.736-737
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    • 2015
  • In these days, international construction market including construction companies has much grown due to globalization and economic boom in the mid 2000's. The size of international construction market, measured with overseas revenue of 225 construction firms, has expanded 2.7 times from 2003 to 2008 according to the ENR. However, after the global financial crisis of 2008 it has faced condition of low growth. In this research, major changes of international construction market and top contractors have been studied. In this study, changes of international construction market have been analyzed in the aspect of region and product including general buildings, transportation, petroleum, etc. Then, in order to find the changes of top contractors which obtained good accomplishment, business performance of companies have been examined by the compound annual growth rate, profit margin and international revenue by comparing the data before 2008 and after. The purpose of the study is to understand major changes of international construction market. Also, strategy changes of top contractors against market stagnation, profit depreciation, high competition have been inferred through the study. The result of the study would contribute to analyzing the strategies of construction companies in international market.

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Analysis of the major subcontract competence factors of overseas plant construction (해외 플랜트 공사의 주요 하도급 역량 요인 도출 및 분석)

  • Kim, Hwa-Rang;Sohn, Tae-Hong;Jang, Hyoun-Seung
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.5
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    • pp.84-91
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    • 2013
  • In 2012, Korean overseas construction market has achieved 64.9 billion dollars of contract order and its amount has increased since the mid 2000's. However, importance of qualitative growth based on profitability as well as quantitative growth is also emphasized. This study analyzed overseas plant project's subcontract process management which is closely related to cost management as one of the qualitative growth methods. In order to select major subcontract processes, extensive literature review and focus group interview(FGI) were implemented and then professionals with years of experience in the overseas plant projects were participated in the questionnaire survey. The collected data were analyzed by Benefit-Structure Analysis(BSA) model. The findings of this study include: (1) the seven and six subcontract processes are positioned in the area of importance control factor and in the area of maintenance/control factor, respectively; (2) administration capability attainment is needed for the six subcontract processes in the area of importance control factor and sustainable management system is required for the processes in the maintenance/control factor area. The further research will identify key subcontract processes to be managed for overseas plant projects by Korean EPC contractors based on the findings of this research.

A Study on Information Breakdown through the Analysis of Industrial Engineering EPC Business Process (산업설비 EPC 업무 분석을 통한 정보 분류 내역에 관한 연구)

  • Cho, Hang-Min;Song, Young-Woong;Choi, Yoon-Ki
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.167-172
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    • 2006
  • It follows recently in an order augmentation of overseas construction market plant field and the project of oil gas field is increasing. Consequently, the hazard which secures the competitive power of the overseas plant enterprise of the domestic building industry enterprises the technical competitiveness security which stands, productivity improvement and strategy management propulsion back positive disposal plan establishment are demanded. Even from in that oil gas field of overseas plant enterprise for an industrial competitive power improvement the application of EPC circulation information which relates with a project accomplishment is more demanded, the EPC phased star efficiently it manages the circulation information contents which occurs from the business which is various it is not presented it cannot there is a contents classification system for. If with him about lower the draft the problem point of information omission back of occurrence and business subject for of the fringe land and duplication business occurs, about lower the productivity decrease actual condition is appearing with such problem point. The research which it sees consequently in order to improve the use characteristic of the augmentation of practical application of the contents management system of oil gas field and building industry information civil official establishhes the contents management system the BPM for (Business Process Management) to present the contents classification system of base, it does to sleep. The part of Business Process materiality the knowledge which is demanded, contents information and system anger it analyzes system anger of industrial equipment circulation information it takes a triangular position and to sleep it does.

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Development of the Technical Calculation System for Transmission Line in Myanmar (미얀마 송전선로 설계 기술계산시스템 개발)

  • Baik, Seung-Do;Min, Byeong-Wook;Kim, Jong-Hwa;Shin, Tai-Woo;Kim, Sae-Hyun;Park, Jae-Ung
    • Proceedings of the KIEE Conference
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    • 2005.07a
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    • pp.632-634
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    • 2005
  • Korea takes part in overseas business by use of accumulated advanced technology through construction of the worlds first 765kV double circuit transmission system designed with pure local technology. 'Development Study on the Power System Network Analysis in Myanmar' was received in the year 2001 and was completed in the year 2002. The following project,'Feasibility Study and Basic Designs for the 500kV Transmission System in Myanmar' has been in progress since January, 2004. With regards to this project the master plan for the Myanmar long term power system was submitted in January 2005, and now the basic designs for the 500kV transmission system construction are in progress. Technical data for the design of the transmission line is calculated using a very complex numerical formula that is almost impossible to be completed by hand. So the transmission technical calculation system was developed to calculate and support Myanmar technical data for the design of transmission line with respect to factors such as wind prossure load, tower design data conductor design data and insulator design data on the basis of weather conditions for the Myamar transmission line design area of the Myanmar 500kV trans- mission line construction basic design.

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