• International conference on construction engineering and project management
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• 2015.10a
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• pp.463-467
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• 2015

Mega-shock means a sporadic event such as the earning shock, which occurred by sudden market changes, and it can cause serious problems of profit loss of international construction projects. Therefore, the early response and prevention by analyzing and predicting the Mega-shock is critical for successful project delivery. This research is preliminary study to develop a prediction model that supports market condition analysis and Mega-shock forecasting. To avoid disadvantages of classic statistical approaches that assume the market factors are linear and independent and thus have limitations to explain complex interrelationship among a range of international market factors, the research team explored the Fractal Theory that can explain self-similarity and recursiveness of construction market changes. The research first found out correlation of the major market factors by statistically analyzing time-series data. The research then conducted a base of the Fractal analysis to distinguish features of fractal from data. The outcome will have potential to contribute to building up a foundation of the early shock warning system for the strategic international project management.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.39 no.1
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• pp.17-24
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• 2016

Many organizations have transformed their business in order to survive and compete in the future. They generate projects by creating a vision, using strategies and objectives with funds aligning strategies and make efforts to complete them successfully because project success leads to business success. All projects have triple constraints such as scope, time, and cost to be completed. Project cost performance is a key factor to achieve project goals and which is mostly related with risks among various cost drivers. Projects require a cost estimation method to complete them within their budget and on time. An accurate budget cannot be estimated due to the uncertainties and risks. Thus some additional money should be funded in addition to the base budget as a contingency reserve for identified risks and a management reserve for unidentified risks. While research on contingency reserve for identified risks included in project budget baseline have been presented, research on management reserve for unidentified risks included in total project budget is still scarce. The lack of research on estimation method and role of the management reserve have made project managers little confidence to estimate project budget accurately with reasonable basis. This study proposes a practical model to estimate budgets including contingency and management reserves for not only project cost management but also to keep the balance of organization's total funds to maximize return on investments for project portfolio management. The advantages of the proposed model are demonstrated by its application to construction projects in Korea and the processes to apply this model for verification are also provided.

• Korean Journal of Construction Engineering and Management
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• v.6 no.6 s.28
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• pp.181-192
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• 2005

Labor work information can be converted into the useful construction information in an effort to analyze project status, measure performance, and design a new similar project plan. The labor work information can also be used to make productivity data, which can be used to analyze the relationship between 'as planned' and 'as built' in scheduling management of a project, and to calculate 'percent completion' as well as analyzing delay cause. It is require to effectively collect the labor work information base on the activities. In general, current project management heavily depends on the experience and judgment of project managers, according to the work progress. However, relying on the oかy experience and judgment of the project managers might deteriorate the transparency or reliability of the collected labor work information. The purpose of this research is thus to develop a computer-based system for monitoring the work information generated by labors input in activities using PDA and Barcode technologies, and to propose a application method of the productivity data for effective project management.

• International conference on construction engineering and project management
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• 2007.03a
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• pp.417-423
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• 2007

This paper describes how using the XPS Document technologies of Windows Vista support and enhances interactions with the structural design and construction process. It illustrates the document workflows and the document life cycle in a typical construction base knowledge system. It provides engineers and decision makers and implementers with information about this new technology and how they can apply it to their design and construction models. The paper also highlights opportunities for the new format of data exchange in the recent efforts to develop National Management System Standards for Transportation Applications to benefit from these emerging technologies.

• The Journal of The Korea Institute of Intelligent Transport Systems
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• v.3 no.2 s.5
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• pp.9-17
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• 2004

In this paper, we examine the MIMO(Multiple Input Multiple Output) system in the point of mobile communication that is used for railway environment. First, under the radio environment, wireless channel characteristics are analyzed between moving train and base station, both assuming track side base stations and non-track side base stations. Next, the paper introduces the MIMO system which can be used to solve the problem of performance degradation in railway environment, and analyzes its performance in terms of channel capacity and diversity. We especially compares open-loop scheme with closed loop scheme at the diversity and analyses their performance according to antenna correlation. Finally, the we presents experimental result from the ESCORT project that was studied in railway environment with the MIMO system.

• Journal of Digital Contents Society
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• v.16 no.4
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• pp.555-564
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• 2015

Since the size of the construction project has become massive, complicated and specialized, the use for a substantial amount of information provided from diverse participants is considered important. Schedule information obtained from a variety of sources is key during the construction project. Misunderstanding of schedule management information causes delay of construction period and low quality of construction. Currently, interest in BIM (Building Information Modeling) that produces the necessary data for the entire life cycle of the building process is rising. The study is to construct the BIM-base-information system in order to systematically manage schedule information of the construction work. For this purpose, the study established a BIM-base-schedule-management-business process and drew a classification system for the work for schedule-information construction. The study also drew information that can be extracted from the BIM model among properties required to build certain information. The schedule is made upon consideration of information needed for schedule management, and information required to schedule a timeline of the construction project by process is established.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2011.05a
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• pp.197-199
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• 2011

To utilize the Top-Down construction method, it is required to analyse building area, floors, and soil conditions to choose the three basic elements of retaining wall, base column, and floor structure. The purpose of this research is to compare the methods of Top-Down with other construction methods. The research method is to analyse the project conditions of Top-Down project cases. The aim is to develop a method of selecting alternatives, considering construction characteristics, work schedule, supporting methods, foundation types.

• Proceedings of the Korean Society of Surveying, Geodesy, Photogrammetry, and Cartography Conference
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• 2003.10a
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• pp.329-334
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• 2003

The aim of this study is propriety review for underground facility surveying on development area of land for housing and efficient management. Because of integration information administration system construction of the nation and development of information technology, construction of Urban information system(UIS) to manage systematically city space is increasingly necessary We manage systematically attribute information for each lot in the development area of land lot housing that it Is connected with NGIS in order to drive gradual computerization of underground facilities and arrange the base of facility management. Review arrangement methods on development area of land for housing makes it to check safety accident of urban and to leading base of urban information. Thus, this study draw the most suitable way through analysis of driving methods and expectation effect from above facts.

• Journal of Technology Innovation
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• v.16 no.2
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• pp.125-145
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• 2008

The paper evaluates the Korean science, technology, and innovation policy(STIP) in terms of an individual firm. The firm is Viromed(Ltd), a new technology-based venture company in the field of biotechnology. The case is compared with the 'Hwang Project', which is known as a typical failure case in Korea. In order to evaluate the Korean STIP, we establish 6 areas, which are technological infrastructure, institutional infrastructure, human capital infrastructure, technology market, industrial base, and innovation networks. The study shows that the policy schemes relating with technological infrastructure, institutional infrastructure, human capital infrastructure, and industrial base play a positive role in the start-up, development and innovation of Viromed(Ltd). However, we can hardly find the role of Korean government in fostering the technology market, transferring the technological output to economic performance. Although the international networks with the British, American, and Japanese firms or investors were a key success factor of the growth of Viromed(Ltd), the role of the government in this policy area was not enough. As for the 'Hwang Project', we suggest that the government should consider the possibility of commercialization in choosing R&D projects and determining the size of financial aids. Since the evaluation of the Korean STIP is based on an individual firm, the results of the paper need to be confirmed by a systematic comparison with other cases or industries.

• Proceedings of the KSR Conference
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• 2011.10a
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• pp.761-767
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• 2011

Since the "Low Carbon, Green Growth" as a social requirements is attracted public attention, the policies and investments of the railway which have been less estimated than road is re-considered. Since the starting the commercial service (2004. April), the KTX have been operated successfully while transport passengers over 100million for years. And also the project for development of KHST (Korea High Speed Train ; G7) had been accomplished with a good result, the first trainset of KTX-II which base on G7 project was manufactured and testing now. On the other hand, the world's technology of the high speed train is more faster, and changing to a distributed traction system. To catch up the world's leading technology, the HEMU(High-speed Electric Multiple Unit) project will secure new technology and aims to promote the technology of domestic high-speed train. The authors indicates the result of detail review such as a curve, slope of the track and electrical dead section of the catenary to test at 400kph and also the performance simulation of the developed rolling stock in this paper. As the result, the authors devise the test scenario to perform a maximum speed test (stability at max. speed, acceleration & deceleration etc) with the restricted conditions such as track length, track available time etc by considering above result.