• Title/Summary/Keyword: Public Construction Project

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Construction of Time - Cost Model for Building Projects in Vietnam

  • Long, Le-Hoai;Lee, Young-Dai;Cho, Jeong-Wook
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.3
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    • pp.130-138
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    • 2009
  • Bromilow's time-cost (BTC) relationship was examined for building projects in Vietnam using actual construction time and total construction cost. Data set was collected from 77 historical building construction projects completed between 1999 and 2005 which were adjusted by consumer price index (CPI) to 2000 price. Time-cost equations were specified respected to two sectors, public and private, in Vietnamese construction industry and all cases. It is shown that a public funded building project has the longer construction duration than a similar budget private funded project. The resulting models are statistically significant. The adjusted R-square coefficients of all cases, public and private projects models are respectively 0.403, 0.436 and 0.377 mean that the BTC regression lines moderately fit the data set.

A Study on the Characteristics of "Early Contractor Involvement Method" in Public Project in Japan

  • Tamura, Atsushi
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.42-49
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    • 2022
  • In recent years, Owner, Architects, and Contractor are increasingly collaborating with each other from pre construction phase in construction projects, which is called Early Contractor Involvement (ECI). In Japan, the ECI method has been introduced in several public building projects since 2015. The purpose of this study is mainly to clarify the characteristics of the ECI method in Japan and to compare the contract clauses of the ECI method in the UK and the USA. The results of the survey are as follows. (1) the ECI method was supposed to make it possible to achieve appropriate quality, cost, and construction period by reflecting Contractor's technology and know-how in the design documents and specifications. (2) According to the database, there were 27 cases of the ECI method in Japan from 2015 to 2021, of which 13 cases for which bidding information could be obtained had a variety of technical proposals, mainly VE proposals, depending on the project characteristics. (3), Japan's ECI method has very much in common with SBC + PCSA in the UK. On the other hand, ECI Method in Japan differs from in the UK in that Owner, Architect, and Contractor enter into a partnership agreement, which is similar to ConsensusDocs CD541 in the USA. (4) The ECI method in Japan has the following problems: Owner depends on Contractor for cost control, the division of roles among project members is complicated, and more work from Owner than the DBB method are required.

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Critical Factors Affecting No-dispute Performance: A Case of Ethiopian Public Construction Projects

  • Sinesilassie, Ephrem Girma;Tabish, Syed Zafar Shahid;Jha, Kumar Neeraj
    • Journal of Construction Engineering and Project Management
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    • v.6 no.4
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    • pp.24-34
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    • 2016
  • Disputes seem to be synonymous with large-scale construction projects in Ethiopia. The purpose of this study is to determine the factors responsible for impacting the performance of Ethiopian public construction projects. To this end, 35 success and failure attributes responsible for impacting the performance of the projects were identified and presented to Ethiopian construction professionals in the form of a structured questionnaire, and responses were collected. The factor analysis conducted on the success and failure attributes influencing no-dispute performance separately resulted in six success factors and five failure factors. Further analysis using stepwise multiple regression indicates that owner competence and interaction among project participants have a positive impact on no-dispute performance. However, conflict among project participants has a negative impact on the no-dispute performance of Ethiopian public construction projects. Although Ethiopia-specific, the results reflect construction management problems common to both developed and developing countries. The findings are expected to help researchers and practitioners gain a better understanding of critical success and failure factors and to help them take proactive measures to avoid disputes in public construction projects.

Analyzing Information Disclosure in the Construction CALS System: A Study on Improvement Strategies (건설CALS시스템 정보공개 현황분석을 통한 개선 방안 연구)

  • Xiu-Mei Zheng;Tae-Hak Kim
    • Journal of the Korean Society of Industry Convergence
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    • v.26 no.6_3
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    • pp.1243-1249
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    • 2023
  • The Public Data Act mandates that every public institution must make efforts to facilitate convenient access to public data for all and take necessary measures to universally expand the right to use such data. Furthermore, it specifies that the head of a public institution must provide the data held and managed by that institution to the citizens. The Construction Project Information Disclosure Service aims to increase the utilization of data within the Construction CALS System, creating new added value by disclosing information and fostering communication. This service seeks to enhance public interest and transparency, support the creation of new businesses based on construction project data, and stimulate related industries. Since 2019, a total of 26 types of information have been disclosed through this service. As the volume of disclosed information continues to increase, there has been a consistent demand for reducing burden on data providers and enhancing user functionality. This study analyzes the current status of the Construction CALS Information Disclosure System to identify its existing challenges. Subsequently, it establishes a systematic approach to the data opening process and proposes enhancements to information disclosure and search functionalities for addressing these challenges.

EVALUATION OF MINIMUM REVENUE GUARANTEE(MRG) IN BOT PROJECT FINANCE WITH OPTION PRICING THEORY

  • Jae Bum Jun
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.800-807
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    • 2009
  • The limited public funds available for infrastructure projects have led governments to consider private entities' participation in long-term contracts for finance, construction, and operation of these projects to share risks and rewards between the public and the private. Because these projects have complicated risk evolutions, diverse contractual forms for each project member to hedge risks involved in a project are necessary. In light of this, Build-Operate-Transfer(BOT) model is considered as effective to accomplish Public Private Partnerships(PPPs) with a characteristic of an ownership-reversion. In BOT projects, the government has used such an incentive system as minimum revenue guarantee(MRG) agreement to attract the private's participation. Although this agreement turns out critical in success of BOT project, there still exist problematic issues in a financial feasibility analysis since the traditional capital budgeting theory, Net Present Value(NPV) analysis, has failed to evaluate the contingent characteristic of MRG agreement. The purpose of this research is to develop real option model based on option pricing theory so as to provide a theoretical framework in valuing MRG agreement in BOT projects. To understand the applicability of the model, the model is applied to the example of the BOT toll road project and the results are compared with that by NPV analysis. Finally, we found that the impact of the MRG agreement is significant on the project value. Hence, the real option model can help the government establish better BOT policies and the developer make appropriate bidding strategies.

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The Improvement Plan of Project Management for Highway Construction Supervisor using Construction Management Benchmarking of Developed Countries (선진국의 공사관리 벤치마킹을 통한 도로건설공사 감독자의 공사관리 향상방안)

  • Lee, Min-Woo;Shin, Eun-Young;Lee, Kyo-Sun;Park, Hwan-Pyo
    • Korean Journal of Construction Engineering and Management
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    • v.7 no.3 s.31
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    • pp.138-148
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    • 2006
  • The construction supervisors of the public companies are usually responsible for process management, quality management, safety management, and many other various tasks that occur during construction project. Public companies such as Korea Highway Corporation have developed a framework and manual for management and supervision of construction projects. But, there has been the change of business environment such as increase of private investment project and the introduce of construction management system recently. It has been necessary for construction supervisor to streamline the current project management system in the owner's aspect in order to cope with the expected new challenges. Accordingly, this research has been investigated and analyzed the operation system between Korean supervisor and foreign supervisor in their public corporation. This research has suggested the advanced project management in their public corporation. Especially, this study has proposed the construction management manual for supervisors such as inspectors training, supervisors construction manual, and supervisors training road map.

Proposal for Improvement on the Task of Construction Project Management Service(CM) for the Customized Service Project of the Public Procurement Service (조달청 맞춤형서비스 사업에 대한 '감독 권한대행 등 건설사업관리용역(CM)' 과업내용 개선방향)

  • Lee, Jong-Tae;Yun, Hyun-Do
    • Korean Journal of Construction Engineering and Management
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    • v.22 no.3
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    • pp.3-11
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    • 2021
  • The construction project manager must clearly carry out the activities of each construction stage specified in the 'Task Description'. In this study, 'design change' and 'completion process' were classified as core tasks in consideration of the frequency and importance of tasks. And, by analyzing the actual construction project, the task contents for the core work were standardized. This laid the foundation for the ordering office, construction project management technicians, and builders to clearly understand the business areas of construction project management and fulfill their responsibilities for their respective tasks.

CONNECTING TECHNOLOGY, INDUSTRY AND RESEARCH: A VERTICAL INTEGRAL PROJECT COURSE FOR BIM EDUCATION OPPORTUNITIES

  • F. H. (Bud) Griffis;Mei Liu;Andrew Bates
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.252-259
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    • 2013
  • Building Information Modeling (BIM) is utilizing CAD technology in a way that ultimately ties all the components of a building together as objects imbedded with information, and has been changing the way we design and build over the last 20-30 years. In Polytechnic Institute of NYU, there are four BIM courses offered which provide students with different levels of knowledge regarding BIM Technique, BIM Standards, BIM Guideline and Roadmap for Private and Public Implementation, BIM Application in Real Projects, the Cooperation of BIM and IPD for Public Works in New York City. With advanced BIM technology, BIM's integration into the construction process and its incorporation into project delivery systems, especially Integrated Project Delivery (IPD) are the bridges between technology, industry and research. This paper presents an integrated BIM curriculum with three modules: 1) BIM functions and Bid Preparation; 2) Time-Cost Trade-off Analysis; and 3) Problems Solving in BIM/IPD Environment. In this project-based curriculum developed by the common efforts of academia, public agency and industry, the objectives are: (1) to provide the information and skills needed to successfully implement BIM into the construction phase; (2) to identify BIM's role in construction and the project delivery system; (3) to develop a module in conjunction with leading BIM into project delivery system, particularly coordination between BIM and IPD; (4) to connect technology and research into industry. The course assessment was conducted and the results indicate that it is a successful reform in construction management education.

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Individual Factors Influence on Client Involvement: the Case Construction Projects in Saudi Arabia

  • Trigunarsyah, Bambang;Al-Solaiman, Sultan
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.578-582
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    • 2015
  • Lack of client involvement in construction of public projects has been identified as the main cause of many operational problems. Clients need to perform their roles and responsibilities effectively and efficiently at the right time and through the use of correct methods in order to have the optimum involvement required during all the construction project phases, namely, the planning, design, construction, handover, and operation and maintenance phase. This paper investigates the influence of clients' individual factors on their involvement in construction project delivery. A questionnaire survey was distributed to various government agencies of the Kingdom of Saudi Arabia (KSA). Explanatory Factory Analysis was performed to group nineteen individual factors. The factor analysis result suggests that the individual factors that can involve clients' involvement in construction projects can be grouped into five, which are: adequacy of knowledge and experience for decision making in the early stage of design; ability to communicate clearly; job satisfaction; personal skills; and expertise in design and construction.

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Improvement scheme of utilization of the results of the post-construction evaluation system (건설공사 사후평가 수행결과 활용도 개선 방안)

  • Lee, Du-Heon;Park, Jae-Woo
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.6
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    • pp.78-89
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    • 2013
  • Post-evaluation system reflects the results of performing a public construction project in the future similar public construction projects to be utilized in the planning. However, the current system simply compares the expected values, such as demand, B/C ratio, cost of construction, construction period, with the actual values after the completion of construction. In addition, most public owner does not actively conduct the post-construction evaluation tasks, so that the evaluation results has not been returned to early stage of a construction project. In this study, status of the post-construction evaluation system is investigated by a survey of the public owner and the construction project evaluation system of the United States and Japan was analyzed. This paper presents the improvement scheme of utilization of the results of the post-construction evaluation system. Through improving the post-construction evaluation system, it is expected that public agencies would easily utilize the post-construction evaluation.