• International conference on construction engineering and project management
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• 2005.10a
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• pp.862-868
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• 2005

The history of Korea's overseas construction began in 1965, and the cumulative contract amount is about $180 billion over the last 40 years. During the period, Korea's overseas construction industry has played an important role for economic development. However, it seems that the industry is in a sea of trouble. Overseas construction orders have declined due to various reasons such as companies losing confidence, limited financing, lack of competitiveness, and so on. This paper addresses the brief history of Korea's overseas construction industry and the problems that the industry is facing. Then it suggests a few measures for the improvement of the industry.

• MARITIME LAW REVIEW
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• v.29 no.2
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• pp.115-144
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• 2017

The impact of the global financial crisis, which began in the United States in 2007, had a major impact on the domestic shipping and shipbuilding industries. In this regard, the domestic shipyard has established an order-taking strategy in several ways as an alternative to lowering the amount of construction of commercial vessels due to deterioration of the shipping industry, and selected industrial sector was the offshore plant sector. However, the domestic shipyard has under performed the offshore plant in order to just increase sales and secure work without any risk analysis for EPC contracts. As a result, the shipyard has been charged more than the initial contract price with the offshore plant contractor, or the shipyard has become a legal issue requiring payment of liquidated damages due to delays in delivery of the product. The main legal disputes are caused by the thorough risk analysis and the inexperience of process control that can occur during offshore plant construction. and In particular, there is no sufficient review of the unequivocal provisions in the contract as an element of risk management. There is no human resource to review these contractual clauses. Therefore, this study identifies the existence of specific risks that could lead to delays in offshore plant construction, and examined the existence of any unequivocal clauses in contracts for offshore plant construction. and also discussed how the toxic clause applies to the actual parties and how the concrete risk factors in the construction contracts are transferred and expressed by referring to the interviews with the project manager of the domestic shipyard and the previous research. As a result, This paper examined the legal liability of the contracting parties regarding delayed delivery of the products due to the offshore plant construction contract. And to improve the domestic shipbuilding industry.

• Journal of the Korean Society of Safety
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• v.21 no.5 s.77
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• pp.72-76
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• 2006

This study deals with problems of technical assistance through accidents analysis and questionnaires on small-sized construction sites which are difficult to understand real condition and administrate legally and indicated following efficient methods of technical assistance. (1) Ensuring access to the small-sized construction sites. (2) Delegation technical assistance service to civilian and supporting selected. (3) Raising of the person's safe consciousness concerned with the small-sized construction sites. (4) Safety consulting for the head office of small-sized construction sites.

• Korean Journal of Construction Engineering and Management
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• v.20 no.3
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• pp.3-11
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• 2019

The construction of a facility is an act whereby infrastructure such as roads and railways and other facilities such as housing and office spaces are constructed, and due to the characteristics of the relevant industry where such construction is carried out in a custom order method, it requires a long period of time mostly. While the construction is carried out over a long period of time, fluctuations in the price of raw materials required for the construction occur. Therefore, the cost of the construction also fluctuates inevitably. The fluctuation of the construction cost meshes closely with the profit of a constructor and the efficiency of government spending. Therefore, it is necessary to maintain the construction cost at a reasonable level by adjusting the construction cost rationally in order to secure the required construction quality and spend the budget efficiently. The buffer system for solving such problem is the contract amount adjustment system by fluctuations in prices (Escalation/De-Escalation). In this study, the method combining the escalation method based on the item adjustment method was suggested for an efficient contract amount adjustment method. In addition, it is proposed that there be an investigation and codification of matters not applied to government acts and regulations on contracts related to the adjustment of fluctuations in prices legally.

• International conference on construction engineering and project management
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• 2015.10a
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• pp.387-391
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• 2015

Currently, there is insufficient research on the construction management performance since the CM system was introduced in Korea. For successful completion of construction projects, active use of construction mangers on projects is necessary by introducing construction management to the projects. In view of this, this study analyzed the annual CM performance from 1996 to 2013 but for the past 5 years from 2009 to 2013, a detailed analysis was carried out. For different sectors, CM performances were divided into public and private sectors, for project types, construction, civil and others, for project phases, pre-design, design, construction and post-construction phases, for contract types, sole and joint contract types, for project scale, the amount of the projects was taken into consideration and they were divided into large, medium and small scales and for the types of projects, they were divided into, shops, department stores, shopping centers, hospitals, government buildings, hotels, accommodation facilities, factories, buildings for workshops, office buildings, stadiums, playgrounds, schools and other construction types and all the data divided into such categories was analyzed. The results in this study can be used as a basic reference for studies in analysing construction management performances.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.48-53
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• 2007

A project manager of construction project must analyze risks which might happen during the construction phase and prepare a restoration method against the risks in order to get the successful project's accomplishment. Insurance is a representative kind of risk transfer method and an institution which prevents damages of the insured. In spite of increasing the ratio of construction insurance policy in the construction industry, project managers have regarded the insurance as a formal action in the budget through insurance companies' guides. These aspects make them not be able to valuate the reasonableness of premium rate and the real amount of the risks. This thesis is to present an improved method of construction insurance contract. Firstly, the status of the current construction insurance system have been anlyzed and the problems have been deducted. Secondly the development direction against the problems is presented in the research. Lastly, the procedure model is proposed for acquiring the resonable premium rate of insurance.

• Journal of the Korea Institute of Building Construction
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• v.10 no.5
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• pp.31-36
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• 2010

Rising interest rates positively affect investment in construction, while falling interest rates affect it negatively. In other words, the interest rate is one of the most critical factors affecting the construction sector. The purpose of this research is to analyze the relationship between the annual interest rate and construction contracts, and to present a model for quantitatively forecasting the economic performance of the construction sector. Based on the statistical data of interest rate changes for 19 years (from 1991 to 2009), this research induces an equation through regression analysis that incorporates interest rate and construction contract amounts as independent and dependent variables, respectively. The result of the analysis shows that, in the building and private sector, the interest rates are closely related to, with a correlation coefficient as high as 0.85. It was also indicated that the contract amounts of private and building sectors may increase quite rapidly in 2012.

• International conference on construction engineering and project management
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• 2015.10a
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• pp.263-267
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• 2015

Stakeholders of a construction project expect cost savings through fast and accurate cost analysis by performing BIM-based quantity take-off (BQT). However, authors have observed that there can be discrepancies in the results of BQT depending on the level of development (LOD) and modeling methods. In addition, since quantity take-off methods are different depending on the construction work items, the combination of LOD, modeling methods of BIM, features of construction work items can cause serious overestimate or underestimate in BQT results. It is necessary to identify what kind of problems can happen and how those problems can be avoided in various construction work items, since the discrepancy of quantity take-off results has great impact on not only cost analysis but also the determination of contract amount and it can cause claims, poor construction quality, cost overruns, and many others later in the construction project. Therefore, this paper focuses the identification of issues and problems of BQT at each construction work item level based on two categorizations of structural works and interior works.

• Journal of the Korea Institute of Building Construction
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• v.6 no.1 s.19
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• pp.93-99
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• 2006

In the inner turn key constructions the problems of uniform types are repeatedly occurred, and, especially, many problems happen up to the stage of pre-construction(from a bid to a contract) owing to the specialties of the turn key constructions. So the claim factors of the Korean turn key constructions were abstracted through the literature searches, the site document examinations, the case studies and the interviews with the experts. When the technicians meeting the interior turn key constructions for the first time and working here now are well acquainted with only these factors, many claims will be prevented. By analysing the degree of claims by claims factors through the questionnaires to the experts about the abstracted factors and surveying the amount of the claims through the case studies, what factors exerted how much of influence on the claims was tested and analyzed. Proposing the response devices to the factors affecting the claims much led the technicians in charge of internal turn key constructions to the prevention and the proper solution of the site claims.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.704-709
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• 2007

The purpose of this study is to present both problems and improvement plans on the bidding system of the Korea National Housing Corporation, which orders apartment houses professionally. For data gathering, this study used data from electronic procurement system from 2001 to 2005. The research method of this study is to analyze the data categorized into four types: changes of ordering and contract price ration, the lowest-pricing bidding system, and permanent projects by grades. As a result of the analysis, the amount of ordering is biased in favor of particular level. Finally, this study present following improvement plans: 1) screening system and the lowest-pricing bidding system need to be supplemented, 2) the contract price ratio and the amount of ordering should be controlled, and 3) the improvement of PQ and the introduction of the list of Qualified companies by types need to be presented.