• Title/Summary/Keyword: construction company

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Comparative Analysis of the Weights of Performance Measures Index According to the Size of Construction Companies (건설기업의 규모에 따른 성과지표 가중치 비교분석)

  • Jung Won-Jo;Yu, Il-Han;Kim Kyung-Rai;Shin Dong-Woo
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.419-422
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    • 2004
  • Qualitative management structure of construction companies in Korea are relatively inadequate in comparison with quantitative growth. To improve qualitative management structure, we need to make impartial performance measurement system which arouse participants responds. It is important to select and decide performance measurement index to company and participants. And it is also important to take the weights. For that, we figure out the weights of performance measurement with HSC by Kaplan & Norton.'1'o find out the characteristics of the weights which was classified according to size of the construction company, we analyse and compare with each weights. The result of this Paper will contribute to operate performance measurement system that make raise efficiency and maximize the performance of companies.

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Analysis of Construction Company's Bidding Practice under the Lowest Bidding System (최저가낙찰제하에서의 건설업체의 투찰 형태 분석)

  • Lee, Hyungwoo;Chang, Chul-Ki;Kim, Yong-Su
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.26 no.6D
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    • pp.975-983
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    • 2006
  • This study analyzed bidding data for construction projects ordered by the Public Procurement Service under the lowest bidding system since 2001 by using statistical technique in terms of construction types, company sizes, bidding prices. This study brings out construction company's bidding practices and problems caused by the current lowest bidding system and suggests the way to mitigate the problems and to improve the lowest bidding system. The analysis shows the problem of winning a bid in abnormally low price under the lowest bidding system, feared at the start, was realized. As bidding practice has polarized with low and high price, the analysis shows that the lowest bid system's market has a high possibility to be distorted by construction companies' bid strategies. To complement the lowest bidding system's problem, the analysis shows that introduction of the bidding system using particulars where bidders estimate construction quantities and unit prices by themselves is needed.

Impact of Fluctuations in Construction Business on Insolvency of Construction Company by Size (건설경기 변동이 규모별 건설기업 부실화에 미치는 영향 분석)

  • Lee, Sanghyo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.8
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    • pp.147-156
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    • 2016
  • This study analyzed the impact of changes in the construction business on construction company insolvency according to their size using the vector error correction model. First, this study applied EDF (Expected Default Frequency), which was calculated by KMV (Kealhofer, McQuown and Vasicek) model, as a variable to indicate the insolvency of construction companies. This study set 30 construction companies listed to KOSPI/KOSDAQ for estimating the EDF by size and construction companies were divided into two groups according to their size. To examine the construction business cycles, the amount of construction orders according to the type-residential, non-residential, and civil work- was used as a variable. The serial data was retrieved from TS2000 established by the Korea Listed Companies Association (KLCA), Statistics Korea. The analysis period was between the second quarter of 2001 and fourth quarter of 2015. As a result of calculating the EDF of construction companies by size, as it is generally known, the large-sized construction companies showed lower levels of insolvency than relatively smaller-sized construction companies. On the other hand, impulse response analysis based on VECM confirmed that the level of insolvency of large-scaled companies is more sensitive to business fluctuations than relatively smaller-sized construction companies, particularly changes in the residential construction market. Hence it is a major factor affecting the changes in insolvency of large-sized construction companies.

Analysis of the Difference of End-User Computing Success Factors for each Business Area (End-User Computing 성공요인의 업종별 차이 분석)

  • 김성언;신영균
    • The Journal of Information Systems
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    • v.6 no.2
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    • pp.121-145
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    • 1997
  • The purpose of this research is to find out the difference of success factors of End-User Computing (EUC) which are applicable to our corporations. There have been many researches related to EUC success factors, however, as the researches have been concentrated on limited type of business areas or have been studied without distinguishing the differences of characteristics of business areas, these researches are not sufficient to cover the situation of the corporations, in general. In this research, the range of companies to be investigated was widely extended to such as electric and electronic company, banking, construction company, petroleum and chemistry company, machinery and metal company, and beverage and food company. EUC success factors which influence the factors that are used to evaluate the EUC performance for each business area were found to be different. The result of this research can be useful for a company which is seeking EUC success factors for its own business area.

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Utilization of Failure Examples in Detail Design for Oil and Petrochemical Plant Project (석유화학 플랜트 프로젝트 상세설계 실패사례활용방안에 대한 연구)

  • Kang, Tae-Young;Moon, Seung-Jae;Yoo, Hoseon
    • Plant Journal
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    • v.5 no.2
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    • pp.62-67
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    • 2009
  • The capability of design and engineering of global EPC companies has long been equalized through past similar construction experiences. Among various key factors in the success of EPC project, the capability of engineering is considered to be the most important factor since the engineering is preceding activities of EPC contract. The failure of engineering may adversely affect the subsequent procurement & construction activities and in turn may cause cost overrun or schedule delay. Therefore, an EPC company needs to continue to improve the engineering capabilities for the success of project. The engineering capabilities can be further improved if the EPC company should prevent recurrence of similar design faults that were previously committed. This study is intended to present how to make the most of the failure examples from previous projects towards a success of project. Failure is but a stepping stone to success. The EPC company can obtain useful lessons from the analysis of past failure examples.

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Effect of Ethanolamines on Corrosion Inhibition of Ductile Cast Iron in Nitrite Containing Solutions

  • Kim, K.T.;Chang, H.Y.;Lim, B.T.;Park, H.B.;Kim, Y.S.
    • Corrosion Science and Technology
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    • v.15 no.4
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    • pp.171-181
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    • 2016
  • In this work, synergistic corrosion inhibition effect of nitrite and 3 kinds of ethanolamines on ductile cast iron using chemical and electrochemical methods was evaluated. This work attempts to clarify the synergistic effect of nitrite and ethanolamines. The effects of single addition of TEA, DEA, and MEA, and mixed addition of nitrite plus TEA, DEA or MEA on the corrosion inhibition of ductile cast iron in a tap water were evaluated. A huge amount of single addition of ethanolamine was needed. However, the synergistic effect by mixed addition was observed regardless of the combination of nitrite and triethanolamines, but their effects increased in a series of MEA + nitrite > DEA + nitrite > TEA + nitrite. This tendency of synergistic effect was attributed to the film properties and polar effect; TEA addition couldn't form the film showing high film resistance and semiconductive properties, but DEA or MEA could build the film having relatively high film resistance and n-type semiconductive properties. Moreover, it can be explained that this behaviour was closely related to electron attractive group within the ethanolamines, and thus corrosion inhibition power depends upon the number of the electron attractive group of MEA, DEA, and TEA.

Architectural and Interior Design of Doorae Engineering & Construction Head Office (두레종합건설 본사사옥 설계)

  • Park, Young-Ho
    • Proceedings of the Korean Institute of Interior Design Conference
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    • 2005.05a
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    • pp.271-272
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    • 2005
  • As regards of designing, I chose a simple wall design of repeating pattern of vertical windows, rather than making the building as a glamourous obzet. This kind of approach was intended to pursue strong image of construction company, interchanging and communicating with its confused surrounding. Therefore, I boldly removed parts that I considered needless from the facade, and used simple and easy words clearly implying the organization. Lobby is the face of the building, but since the space is deep and narrow and the reality of lease should be considered, there was limit to give original image to the lobby. Instead, high ceiling is the biggest feature of this space. Doorae Engineering-Construction Corp. is young and energetic company. I wanted to highlight the young and energetic image of the company by crossing tore oblique piece of boards. This doesn't just has a simple function as ceiling, but also work as a major subject in the space. In addition of this powerful space of oblique lines, indirect lighting is used to emphasize the character of territory, continuity and deepness of the space. Character of territory that divides main and supplementary function and main and supplementary moving line is expressed by flow of dimension, and continuity and deepness of space is emphasized by indirect lighting flowing linearly through the crack between the ceiling and the wall.

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A Study on the Living Room Cabinet Furniture Design for the Apartment (아파트 거실장 가구디자인 연구)

  • Kang, Shin-Woo;Cha, Sung-Hee
    • Journal of the Korea Furniture Society
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    • v.18 no.3
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    • pp.166-176
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    • 2007
  • Thanks to the recent apartment housing sales in new cities and metropolitan area, the public-use furniture market is greatly animated with the development of customized furniture. Nevertheless, the situation becomes difficult because of the fierce competition among the furniture suppliers with quoting at the lower price to get the order. In order to produce unique and stylish living cabinets, it is required for the furniture designer to create the design under the systematic design process collaborated with the construction company and make the design proposal thereby to the construction company. The present paper is focused on the re-usability of TV set currently possessed by the tenant, variability, uniqueness, pricing level suitable for the cost of real estate sales, modern design and so on. in the development of apartment living room cabinet. Thus, it is important for the furniture supplier to realize the importance of the design field in order to enhance the competitiveness of the customized furniture in the apartment housing. Accordingly the present researcher has developed the modem variable living room cabinet in accordance with the systemic design process by realizing the leads of tenant of the apartment housing and then establishing the concept focused on the design required by both the tenant and construction company.

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Code Requirements for Fuel Handling Equipment at Nuclear Power Plant

  • Chang, Sang-Gyoon;Kang, Tae-Kyo;Kim, Jong-Min;Jung, Jong-Pil
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.20 no.1
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    • pp.119-126
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    • 2022
  • This study provides technical information about the nuclear fuel handling process, which consists of various subprocesses starting from new fuel receipt to spent fuel shipment at a nuclear power plant and the design requirements of fuel handling equipment. The fuel handling system is an integrated system of equipment, tools, and procedures that allow refueling, handling and storage of fuel assemblies, which comprise the fuel handling process. The understanding and reaffirming of detailed code requirements are requested for application to the design of the fuel handling and storage facility. We reviewed the design requirements of the fuel handling equipment for its adequate cooling, prevention of criticality, its operability and maintainability, and for the prevention of fuel damage and radiological release. Furthermore, we discussed additional technical issues related to upgrading the current code requirements based on the modification of the fuel handling equipment. The suggested information provided in this paper would be beneficial to enhance the safety and the reliability of the fuel handling equipment during the handling of new and spent fuel.