• Title/Summary/Keyword: construction markets

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Influence of Smart Factory Construction Factors on Utilization of Small and Medium Manufacturing Companies : Moderating Effects of Tissue change receptivity (중소 제조기업의 스마트팩토리 구축요인이 활용에 미치는 영향 - 조직변화 수용성의 조절효과검증 -)

  • Kim hyoung chel
    • Convergence Security Journal
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    • v.23 no.3
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    • pp.49-56
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    • 2023
  • A smart factory is recognized as a very important requirement for the survival and growth of a company, and it can be said to be an important factor in improving productivity and strengthening competitiveness of a company. In particular, many small and medium-sized manufacturing companies in Korea are making efforts to meet the needs of various markets through smart factories. Building and utilizing smart factories is very important for improving and innovating the production environment of small and medium-sized manufacturing companies. This is important for many companies as well as small and medium-sized manufacturing companies to introduce and utilize smart factories in the future to induce active participation by members of the organization without feeling reluctance or anxiety about changes in smart factories, thereby increasing the utilization of smart factories. was able to confirm.

Prospecting the Market of the Modular Housing Using the Nonlinear Forecasting Models (비선형 예측모형을 활용한 모듈러주택 시장전망)

  • Park, Nam-Cheon;Kim, Kyoon-Tai;Kim, In-Moo;Kim, Seok-Jong
    • Journal of the Korea Institute of Building Construction
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    • v.14 no.6
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    • pp.631-637
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    • 2014
  • Recently, following the application of modular housing techniques to not only residential sector, but also to business sector, the scope of modular housing market b expanding. In the case of other developed countries, such markets are entering into the maturity stage, though the market in Korea is not fully formed yet. Thus, it is difficult to check its trend to estimated mid- to long-term prospects of the market. In this context, the study predicted demand of the modular housing market by using a non-linear prediction model based on time series analysis. To get the prospects for the modular housing market, the quantity of housing supply was estimated based on the estimated quantity of newly built housings, and assumed that a portion of the supplied quantity would be the demand for modular housings. Based on the assumption of demand for modular housings, several scenarios were analyzed and the prospects of the modular housing market was obtained by utilizing the non-linear prediction model.

Identification of Contractual Risk Factors for Application in the Overseas Construction Projects based on FIDIC Red Book 1999 Edition (해외건설공사관련 계약적 리스크 인자에 대한 연구 - FIDIC Red Book 1999년판 기준 -)

  • Hyun, Hak-Bong;Park, Hyung-Keun
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.36 no.6
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    • pp.1153-1160
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    • 2016
  • There have been many studies on the subject of risks in the Construction Industry and many useful results have been produced. However, risk studies on the conditions of contract, which is the most critical contract documents, has not been tried despite of its contractual function in the overseas projects. In this study, various contractual risks are identified for proper and reasonable evaluation of the contractual risks possibly encountered in the Tender and/or Contract stages of the Projects. For development of study, FIDIC Red Book 1999 Edition which is world widely recognised as a standard conditions of contract prepared for the projects designed by the Employer. Contractual risks are divided into three levels and applicable clauses are assigned to each appropriate risk factors. And table of major contractual risk factors are made using the classified levels of each factors with evaluation criteria as a result of this study. As this study is made only for the conditions of contract which is prepared for the construction contracts designed by the Employer, further studies for other types of contracts such as Design-Build (FIDIC Yellow Book), EPC/Turnkey (FIDIC Silver Book) and recently developed Design, Build and Operate type of contract (FIDIC Gold Book) are required to cover various types of projects executed in the world construction markets.

Numerical analysis of suction pile behavior with different loading locations and displacement inclinations

  • Kim, Dongwook;Lee, Juhyung;Nsabimana, Ernest;Jung, Young-Hoon
    • Ocean Systems Engineering
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    • v.2 no.3
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    • pp.205-215
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    • 2012
  • Recently, interest of offshore structure construction in South Korea is growing as the land space becomes limited for further development and the renewable energy grows to be more attractive for the replacement of the fossil energy. In order for the optimal construction of optimum offshore floating structures, development of safe and economical offshore foundation technologies is a priority. In this study, the large-deformation behavior of a suction pile, which markets are rapidly growing nowadays, is analyzed for three different loading locations (top, middle, and bottom of the suction pile) with three different displacement inclinations (displacement controlled with displacement inclinations of 0, 10, and 20 degrees from the horizontal). The behavior analysis includes quantifications of maximum resistances, translations, and rotation angles of the suction pile. The suction pile with its diameter of 10 m and height of 25 m is assumed to be embedded in clay, sand, and multi layers of subsea foundation. The soil properties of the clay, sand, and multi layers were determined based on the results of the site investigations performed in the West sea of South Korea. As analyses results, the maximum resistance was observed at the middle of the suction pile with the displacement inclination of 20 degrees, while the translations and rotations resulting from the horizontal and inclined pullouts were not significant until the horizontal components of movements at the loading points reach 1.0 m.

Case Study of Friction Piles Driven into Clayey Soils on the Central Coast of Vietnam (베트남 중부 연안의 대심도 점토지반에 시공된 강관 마찰 말뚝의 항타시공관리)

  • Seol, Hoon-Il
    • Journal of the Korean Geotechnical Society
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    • v.40 no.3
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    • pp.19-31
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    • 2024
  • In Korea, driven piles are generally penetrated up to weathered rock or harder strata. Friction piles have been used to some extent in the southwest coastal area with deep soils; however, friction piles are not extensively due to uncertainties about construction quality. The embedded pile construction method is primarily used due to noise and vibration complaints. However, in Southeast Asian countries (e.g., Cambodia, Myanmar, and Vietnam), where soft sediments are deep, the driven pile method is commonly used due to its economic advantages. Construction companies are increasingly entering overseas construction markets, e.g., Southeast Asia; thus, it is necessary to understand the behavior of driven friction piles in the soil and improve on-site engineering management to gain market competitiveness in these countries. In this study, the bearing capacity of friction piles driven into clayey coastal soils in Vietnam with time-dependent characteristics was evaluated based on the dynamic and static pile load tests. Based on the results, a modified Danish formula is proposed for on-site quality management.

Improvement of Domestic Construction Re-Education through Status Analysis (국내 건설 재교육 현황 분석을 통한 개선방안)

  • Park, Hyeon;Park, In-Seok;Son, Myung-Jin;Cha, Yongwoon;Hyun, Chang-Taek
    • Korean Journal of Construction Engineering and Management
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    • v.17 no.1
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    • pp.83-91
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    • 2016
  • In the past, the domestic construction industry mainly comprised quantitative investment through the supply of labor force, however, there have recently been opinions that there is a need for qualitative investment in the workers in order to obtain competitiveness in construction markets. Accordingly, there are much re-education courses for workers in the construction industry, but there is much negative awareness as to the efficiency of the current re-education course due to many problems. This study aimed to examine the problems o f currently executed re-education courses and proposed an improvement plan for the qualitative enhancement of domestic construction re-education. Thus, a multiple regression analysis was conducted to deduce two core problems an improvement plan. The improvement plan for the problems comprised the NCS/CDP-based integrative education program through an AHP. The contribution of this paper will result in the execution of a more effective construction industry re-education program, and the result of such program to achieve qualitative growth in the workers in the construction industry

A Study on Development of the Competitive Evaluation Model in Oversea Construction Industry (해외건설 경쟁력 평가모델 개발에 관한 연구)

  • Han, Jae-Goo;Park, Hwan-Pyo;Jang, Hyoun-Seung
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.2
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    • pp.12-21
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    • 2013
  • The purpose of this study is to determine a national construction industry's competitiveness and establish strategies to expand into overseas construction markets. To evaluate the international competitiveness of overseas construction businesses, this study were selected as the target range of international comparisons among the countries cited by ENR, Global-Insight, IMF, OECD, and Transparency International. In result the United States ranked first, followed by China $2^{nd}$, Italy$3^{rd}$, U.K.$4^{th}$, and Germany $5^{th}$, while Korea ranked $9^{th}$ overall. In particular, Korea's competitiveness in the construction infrastructures by country ranking($11^{th}$) was higher than the competency assessment results of construction companies by country, therein ranking $12^{th}$. In addition, while Korea ranks $12^{th}$ among 22 countries, $3^{rd}$ in price competitiveness, $12^{th}$ in construction competitiveness, and $19^{th}$ in design competitiveness.

EPC Plant Project Lessons Learned Utilization Analysis (EPC 플랜트 프로젝트의 성공/실패사례 활용도 분석)

  • Yang, Sihoon;Kang, Taek-Ki;Cho, Young Duk;Kim, Jae-Jun
    • Korean Journal of Construction Engineering and Management
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    • v.22 no.5
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    • pp.39-47
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    • 2021
  • As domestic construction companies, which used to be concentrated in the Middle East, have expanded their overseas orders to new markets in Asia and Latin America, they have to cope with various conditions. The EPC plant project, which undertakes construction projects such as civil engineering and construction, design, purchase, construction and commissioning, has expanded its scope. As a result, it is important to collect Lessons Learned from the previous project, systematize it, and use it to respond to changes in the environment. However, many employees do not share their skills or experiences voluntarily. To do so, it is necessary to create and systematize a culture that shares experience and technology. In order to understand and analyze the current situation, a questionnaire was conducted on the EPC project-related departments of construction companies implementing the EPC plant project. About 74% of the participants said Lessons Learned's collection and utilization helped. About 53% of the people who collected and registered actual cases and 39% of the people who had experience in preventing problems using cases were identified as employees' perception and utilization of Lessons Learned systems. Detailed analysis showed differences in workplace, duties, and rank. Through this study, the current status of Lessons Learned collection and utilization of EPC plant projects is understood, and the research on collection and utilization improvement is being carried out.

A Study on the Entry Strategies of Small and Medium Sized Landscape Contractors to Vietnam by Risk Analysis in Overseas Projects (해외사업 리스크 분석을 통한 중소 조경건설업체의 베트남 진출전략에 관한 연구)

  • Tae, Jongwook;Jeong, Daeyoung;Hwang, Joon;Chon, Jinhyung
    • Journal of the Korean Institute of Landscape Architecture
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    • v.46 no.6
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    • pp.1-16
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    • 2018
  • The decline in the construction industry has led to a decrease the profitability of small and medium-sized landscape contractors. To relieve this situation, small and medium-sized landscape contractors have continued to proactively find ways to enter global construction markets. However, many small and medium-sized landscape contractors face risks due to their lack of capacity and insufficient preparations to extend the business abroad. Thus, this study aims to analyze the current condition of the Vietnamese construction market and the related risk factors. It then suggests strategies to improve the small and medium-sized landscape contractors' competitiveness in that market. We investigated the business climate and analyzed risk factors. Finally, we developed expansion strategies and conducted in-depth interviews with six overseas construction professionals. The study results first showed that efforts to improve infrastructure and the increased demand for housing in Vietnam will lead to more opportunities for small and medium-sized landscape contractors entering the Vietnamese construction market. However, changes in the Vietnamese business climate may act as a variable. Second, we found that small and medium-sized landscape contractors' risk factors are mainly related to laws and regulations, government finance, market fluctuations, public administration system, minimum wage increases, financing and bonds, contracting, trees and materials, and design errors. Finally, small and medium-sized landscape contractors are required to consider the following when seeking to enter the Vietnamese construction market: short-term strategy and mid-to-long-term strategy. This study will be used as the basis for small and medium-sized landscape contractors to plan to enter the Vietnamese construction market and to contribute to the expansion of the global construction market in the landscape industry.

A Study of the China Construction Laws and BOT Policies from Overseas EPC Contractor's View (중국 건설 법률과 BOT 정책에 대한 조사 연구;해외 EPC 건설업체의 관점)

  • Choi, Jae-Ho;Park, K.R.;Yun, H.J.
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.519-522
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    • 2007
  • China infrastructure construction market has huge potential for increased use of PPP/BOT mode and one of the most attractive markets of doing business. However, there are still a multitude of challenges for overseas EPC contractor to enter into the China PPP/BOT market both internally and externally. Especially, the construction legal system and relevant policies are considered at present the biggest barriers in accessing China construction market. Therefore, the main purpose of the paper is to identify the impact of the construction laws, regulations and BOT-related policies on the viability of foreign contractor-led BOT project in China. To the satisfaction of the purpose, this paper will first analyze China construction laws based on the key issues that must be tackled by foreign EPC contractor before they enter into China. This summary gives the possible contract scheme for a BOT project of interest in which foreign contractors could define the scope of works and measure the viability of the project. Finally, a case study of wastewater treatment plant BOT project in China subsequently illustrates some of the lessons learned from the foreign contractor's perspectives for successfully participating in future environmental market in China.

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