• Title/Summary/Keyword: construction company

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A Study on the PLM for Construction Industry (건설산업에서의 PLM 설계에 관한 연구)

  • Noh, Sang-Do;Kim, Gun-Yeon;Lee, Sang-Seok;Kim, Jong-Hwan;Jung, Seung-Ho;Lee, Kwang-Myong
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2008.04a
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    • pp.253-258
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    • 2008
  • PLM(Product Lifecycle Management) is one of innovative manufacturing paradigms which leverages e-business technologies to allow a company's product content to be developed and integrated with all company business process through the extended enterprise. In these days, most construction companies also make an effort to enhance their systems for creating, sharing and managing information to improve business efficiency through entire lifecycle of project execution. Because of different needs, business process and diverse engineering activities such as design, structural analysis, installing simulation, documents and data managements, a new paradigm for construction companies is needed to manage and share the entire workflow, and information in total project lifecycle. In this paper, we conducted user requirement and business process analysis of the construction to design architecture of C-PLM(Construction Project Lifecycle management) and implement a prototype of C-PLM systems based on commercial PDM system.

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A Study on the inhabitants' Satisfaction Degree in the Defect-Management system (공동주택 하자처리과정에 대한 거주자 입장의 만족도 분석)

  • Suk Sung-Joon;Yoo Hyun-Kyoung;Kang Kyung-In
    • Proceedings of the Korean Institute of Building Construction Conference
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    • v.y2004m10
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    • pp.91-94
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    • 2004
  • The demand for apartments is decreasing as the condition of housing market in Korea has changed. Therefore, construction companies have to understand the needs of the customers to win over them. It is important for construction companies not only to supply customers with high quality apartments but also to provide them high service quality for a long range plan. One of the important service of the construction companies is after-service(A/S) that includes the defect management. The inhabitants' unsatisfactory defect management will worse the image of the company among the future customers. Also A/S is one of the best way for the company to create good impression to the customers. so the defect management carried out by construction firms has to satisfy the inhabitants. In this study. the degree of association between inhabitants satisfaction and the company's image is proved and the factors of the inhabitants dissatisfaction in defect-management are presented. The major factor that causes dissatisfaction is the long service time of the defect management. Therefore, shortening the time of process taken to deal with the defects would allow construction outfits to satisfy their customers effectively and to be more competitive ones in the Korean apartment market.

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A Basic Study on the Introduction of Professional Indemnity Insurance for Construction Project Managers

  • Cho, Young-Jun
    • Journal of the Korea Institute of Building Construction
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    • v.13 no.2
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    • pp.102-111
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    • 2013
  • During the administration of a construction project, various types of participants are engaged in the project. From the design phase to the maintenance phase, these participants may confront many risks. To avoid these risks, participants should utilize an insurance company or a bond company. The types of risks and liability that a construction manager may face are listed in the construction law or contract. But there are some arguments related to risk transferring and the content of risks. For this reason, construction managers must carefully consider any possible risks in the contract and the construction law. Therefore, for construction managers to deal with risks appropriately, the introduction of a legal requirement to carry professional liability insurance, a defined compensation range for damages, a method of guarantee in the event of defects, a defined compensation claim period for damage, and a method of damage claim were suggested in this study.

STRATEGIC ANALYSIS OF SINGAPORE CONSTRUCTION MARKET-A CHINESE CONTRACTOR'S PERSPECTIVES

  • Liu Yanzhe;David A. S. Chew;Ma Yanzhi
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.787-799
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    • 2007
  • The Singapore construction market has just recovered from the decline of the last seven years. Past annual construction volume remains around S$10 to 12 billion and the market is saturated with local and international contractors. This study examined the competitiveness of the construction market from the perspective of a Chinese contractor. The case company in this study is China Construction (SP) Development Co Pte Ltd. The purpose of this study is to use strategic research and management methods to analyze the case company's internal and external environment and development strategies, so as to bring about the approaches and measures to achieve its strategic targets.

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An Empirical Analysis of the Financing Behavior of Listed Construction Firms in Korea Stock Market - focused on Testing Two Capital Structure Theories -

  • Seung-Kyu Yoo;Jin-Sik Lim;Ha-Jung Yun;Jae-Kyu Choi;Ju-Hyung Kim;Jae-Jun Kim
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.133-140
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    • 2013
  • The purpose of this study is identifying the relationship among the business strategy, order receiving capability and leverage variables of a construction company using industry characteristic variables, in addition to the explanation variables used in the previous studies. The samples of this study were limited to the construction companies listed in Korean stock market. This study built multiple regression analysis models, which have been frequently used in traditional previous studies, in the explanation of company capital structure. Empirical analysis on Static Trade-off Theory and Pecking Order Theory was done by the built model. The study results suggested that the capital structure determination behavior of a construction company generally follows Static Trade-off Theory; however, profitability was found to follow Pecking Order Theory. The explanation variables used in the previous capital structure studies mostly produced significant results; however, the variables, which this study experimentally used, did not produce significant results. It is believed that it implies that additional studies are required in the selection of variables and study methodology. Consequently, a case that unconditionally supports a particular theory is scarce. It has been also found that a case can support both theories at the same time. Therefore, it is believed that development study methodology or introduction of new study methodology that can identify the dynamic characteristic of construction company capital structure formation is required.

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The Polarization of Wealth: The Effect of Support of Knowledge Management on Knowledge Management Activity and Company Performance

  • Yang, Hoe-Chang;Lee, Chun-Ho;Kim, Jung-Ho
    • East Asian Journal of Business Economics (EAJBE)
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    • v.5 no.2
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    • pp.1-11
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    • 2017
  • This study attempts to verify effects of CEO' supports, compensation and educational training and those of individual annual salaries and company's sales on promotion of knowledge management expected to contribute to enhancing construction industry's competitiveness, from the perspective of person-organization fit. For the analysis, a total of 368 effective questionnaires were used to conduct independent sample t-test, regression analysis and hierarchical moderated regression analysis. The findings show that individual annual salaries have a positive relationship with company's performance and company's sales also have positive relationships with both knowledge management activities and company performance, and CEO's supports, compensation and educational training are important factors that can improve knowledge management activities. In addition, the principle that the rich get richer and the poor get poorer is also operated in construction industry, as in other industries. Therefore, members in a company should conduct optimal strategies to enhance the knowledge management activities through selection and concentration, while governmental agencies require the establishment of IT system for it and supports for related cost and consulting of it.

A Study on the Standardization of Operation System for Road Tunnels (터널운영시스템 표준화 연구)

  • Kim, Tae-Hyung;Kim, Jin;Keum, Jae-Sung;Tae, Jae-Ho;Kim, Sun-Hong;Hong, Dae-Hie
    • Proceedings of the SAREK Conference
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    • 2008.11a
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    • pp.75-79
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    • 2008
  • Since tunnel construction order was placed one by one, various sensors and actuators installed at the RTU and higher level system in each tunnel maintenance office had their own protocols depending on construction company. The TGMS testbed established on the extended region of Yong-dong Highway, for example, did not have consistent protocol between each automation levels and management levels without considering the functions and/or roles of each level. The management sever in each tunnel was simply networked to the TGMS server. Therefore, it is impossible to implement a new control algorithm as well as to integrate each other since each tunnel was constructed by different company. So, if the construction company is out of business, there is no way to maintain the corresponding tunnel effectively. In order to solve this problem, all the necessary standard protocols was established between automation level and management levels. These interface standards provide the clear classification between individual tunnel system and tunnel management system. So, even if construction company is different, its effect is minimized, so that it is expected to successfully establish PC based TGMS.

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OPTIMIZATION OF THE PARAMETERS OF FEEDWATER CONTROL SYSTEM FOR OPR1000 NUCLEAR POWER PLANTS

  • Kim, Ung-Soo;Song, In-Ho;Sohn, Jong-Joo;Kim, Eun-Kee
    • Nuclear Engineering and Technology
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    • v.42 no.4
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    • pp.460-467
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    • 2010
  • In this study, the parameters of the feedwater control system (FWCS) of the OPR1000 type nuclear power plant (NPP) are optimized by response surface methodology (RSM) in order to acquire better level control performance from the FWCS. The objective of the optimization is to minimize the steam generator (SG) water level deviation from the reference level during transients. The objective functions for this optimization are relationships between the SG level deviation and the parameters of the FWCS. However, in this case of FWCS parameter optimization, the objective functions are not available in the form of analytic equations and the responses (the SG level at plant transients) to inputs (FWCS parameters) can be evaluated by computer simulations only. Classical optimization methods cannot be used because the objective function value cannot be calculated directely. Therefore, the simulation optimization methodology is used and the RSM is adopted as the simulation optimization algorithm. Objective functions are evaluated with several typical transients in NPPs using a system simulation computer code that has been utilized for the system performance analysis of actual NPPs. The results show that the optimized parameters have better SG level control performance. The degree of the SG level deviation from the reference level during transients is minimized and consequently the control performance of the FWCS is remarkably improved.

Technology for the Detection of Corrosion Defects in Buried Pipes of Nuclear Power Plants with 3D FEM (3D 유한요소법을 이용한 원전 매설배관 부식결함 탐상기술 개발)

  • Kim, Jae-Won;Lim, Bu-Taek;Park, Heung-Bae;Chang, Hyun-Young
    • Corrosion Science and Technology
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    • v.17 no.6
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    • pp.292-300
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    • 2018
  • The modeling of 3D finite elements based on CAD data has been used to detect sites of corrosion defects in buried pipes. The results generated sophisticated profiles of electrolytic potential and vectors of current distributions on the earth surface. To identify the location of defects in buried pipes, the current distribution on the earth surface was projected to a plane of incidence that was identical to the pipe locations. The locations of minimum electrolytic potential value were found. The results show adequate match between the locations of real and expected defects based on modeling. In addition, the defect size can be calculated by integrating the current density curve. The results show that the defect sizes were $0.74m^2$ and $0.69m^2$, respectively. This technology may represent a breakthrough in the detection of indirect damage in various cases involving multiple defects in size and shape, complex/cross pipe systems, multiple anodes and stray current.