• Title/Summary/Keyword: construction profit

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A Study on the Risk Evaluation of Construction Management Based on Risk Identification (위험도 기반 건설경영 리스크 평가에 관한 연구)

  • Lee, Hyun-Chul;Lee, Gun;Yeo, Sang-Ku;Go, Seong-Seok
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.3
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    • pp.83-91
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    • 2009
  • Construction industry is a complex industry which should be invested with plenty capital, manpower and resources. Investment factors and inner and outer environmental factors should be managed systemically in terms with risk factors possible to occur. It maximizes the profit to establish construction management by managing risk systemically. While previous studies were executed with risk related to some special progress lively, studies about risk in managing construction company leave much to be desired. Therefore, this study examined risk in the whole construction management, showed the checklist and deduced the quantitative factors through questionnaire analysis from specialists. Also, priority and grade of construction management factors were evaluated by analyzing weight of construction risk factors.

A Comparative Study on the Construction Claims in Korea and China (한국과 중국의 건설 클레임 비교연구)

  • Jang, Ryu-Wee;Lee, Yoon-Sun;Kim, Jae-Jun
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.897-900
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    • 2008
  • As the further development of economic globalization and the continued opening up of international construction markets, many of the countries are faced with more and more severe domestic and international construction market competition. It has been a focus question of all the countries and regions that how to achieve maximal profit in the international construction market, but construction claims are growing into a stumbling block to the project participants to reach their expected goals. Thus, the management of construction claims is considered as the greatest challenge that is facing constructors in today's vacillating business environment. Recently, many of the methodologies have been developed for the construction claims to overcome these current problems, but compared to the developed countries there is still a big gap in some Asian countries, such as China and Korea. This paper attempted to investigate and compare the project claims system in these two countries to figure out the common points and differences.

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A Study of Knowledge Management System Construction Plan for the Information & Communications of Samsung Electronics (삼성전자(주) 정보통신부문 지식경영시스템 구축 방안 연구)

  • Lee, Ho Sung;Kim, Jin Bong
    • Knowledge Management Research
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    • v.2 no.1
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    • pp.83-94
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    • 2001
  • It is a challenging task to introduce and apply a theoretical concept like KM (Knowledge Management) to the corporate management by formulating such notion into a computer-based system. Apart from that, a company who suffers financially will be very much reluctant to employ KM, a solution that will not make an immediate impact on profit generation. Nonetheless, the perception of life-long workplace is being replaced by that of life-long career in today's society, and consequently it has become a key importance for the management to minimizing the Joss of valuable knowledge that results from frequent shift of manpower. Furthermore, knowledge is now regarded as a key to corporate competitiveness as its value has become a more important factor than that of physical resource in estimating a company's value. It is therefore necessary to transform such implicit knowledge that one possesses in his/her mind to a formation so that a company can achieve the ultimate goal of implementing KM: increase of profit and cost reduction. The objective of this research is to look into the case examples of the way in which Samsung Electronics implemented KM and help set the direction for those companies who consider employing KM into their corporate system.

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A Study for the Reform of Public Housing Welfare Delivery System (주거복지 공적 전달체계 개편방안 연구 - 통합적 지역거점 구축방안을 중심으로 -)

  • Lee, Jong-Kwon;Kim, Kyeong-Mi
    • Journal of the Korean housing association
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    • v.27 no.4
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    • pp.33-46
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    • 2016
  • In era of lowbirth, aging population, low growth and social polarization, the effective welfare delivery systems are taking on added significance than past years. Public housing welfare resources, such as public rental housing, housing voucher, affordable housing loan, are more diversified and expanded. These programs could work effectively by the comprehensive interlink and community based delivery system. From the standpoint of recipients, how effectively the substantial benefits of welfare resources being delivered to each individual is more important than how much welfare resources being produced totally. This study aimed to explore the reform of public housing welfare delivery system. For this purpose, diagnosed the current states and key issues related to public delivery system, and analyzed what kinds of housing welfare services should be strengthened, and finally suggested the collaboration among the public sectors (local government, LH, HUG, HF etc.) and the partnership with non-profit organizations. Main research implications are as follows. The main housing welfare services which could be categorized as the housing welfare center's role are advice & information offering, several public resources interlink and accessibility improvement, community based network construction, etc. And the most important key for successful delivery system reorganization is the collaborative operation of the public sectors and local government, non-profit organizations.

Optimal Energy Shift Scheduling Algorithm for Energy Storage Considering Efficiency Model

  • Cho, Sung-Min
    • Journal of Electrical Engineering and Technology
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    • v.13 no.5
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    • pp.1864-1873
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    • 2018
  • Energy shifting is an innovative method used to obtain the highest profit from the operation of energy storage systems (ESS) by controlling the charge and discharge schedules according to the electricity prices in a given period. Therefore, in this study, we propose an optimal charge and discharge scheduling method that performs energy shift operations derived from an ESS efficiency model. The efficiency model reflects the construction of power conversion systems (PCSs) and lithium battery systems (LBSs) according to the rated discharge time of a MWh-scale ESS. The PCS model was based on measurement data from a real system, whereas for the LBS, we used a circuit model that is appropriate for the MWh scale. In addition, this paper presents the application of a genetic algorithm to obtain the optimal charge and discharge schedules. This development represents a novel evolutionary computation method and aims to find an optimal solution that does not modify the total energy volume for the scheduling process. This optimal charge and discharge scheduling method was verified by various case studies, while the model was used to realize a higher profit than that realized using other scheduling methods.

A Study focused on how Korean IT Service Firms were financially impacted since the restrictions on participation of large firms

  • Choi, Hyun-Taek;Ryu, Gab-Sang
    • The Journal of Korea Institute of Information, Electronics, and Communication Technology
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    • v.12 no.4
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    • pp.395-405
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    • 2019
  • The government has strengthened the system of restricting participation of large corporations to limit participation in national information system construction projects and to increase participation of SME software companies. This study analyzes the financial performances of small and medium sized IT firms in Korea three years prior and 3 years after the restrictions on participation of large firm. A sample of 121 small and medium-sized IT services firms were classified into 3 groups and statistical techniques (T-test and one-way ANOVA) were used for the purpose of the analysis. In the three years after the restriction of participation of large corporations, the total assets and sales of the medium and small IT service firms were positive, but the operating profit and net profit were negative. There were many worries about the introduction of the restriction on the participation of large corporations, but many were stabilized. However, the negative impact was more pronounced for SMEs. Therefore, the reduction effect of SME IT service companies is different from the first legislative purpose of enforcing the restriction system of large enterprises, so we propose to revise the policy.

Analysis of the Current Status of Data Repositories in the Field of Ecological Research

  • Kim, Suntae
    • Proceedings of the National Institute of Ecology of the Republic of Korea
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    • v.2 no.2
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    • pp.139-143
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    • 2021
  • In this study, data repository information registered in re3data (re3data.org), a research data registry, was collected. Based on collected data, the current status was analyzed for 354 repositories (approximately 14% of total repositories) in the field using keywords in the ecological field suggested by two experts. Major metadata formats used to describe data in ecological research data repositories include Federal Geographic Data Committee Content Standard for Digital Geospatial Metadata (FGDC/CSDGM), Dublin Core, ISO 19115, Ecological Metadata Language (EML), Directory Interchange Format (DIF), Darwin Core, Data Documentation Initiative (DDI), and DataCite Metadata Schema. The number of ecological repositories according to country is 102 in the US, 34 in Germany, 31 in Canada, and one in Korea. A total of 771 non-profit organizations and 12 for-profit organizations are involved in the construction of the ecological field research data repository. Data version control ratio of the ecological field research data repositories registered in re3data was analyzed to be somewhat higher (86.6%) than the total ratio (83.9%). Results of this study can be used to establish policies to build and operate a research data repository in the ecological field.

Current State, Problems and Promotion of Coupang

  • Seo, Jung-Hwa;Kim, Se-Jin;Youn, Myoung-Kil
    • The Journal of Economics, Marketing and Management
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    • v.6 no.1
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    • pp.1-8
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    • 2018
  • Purpose - Local social commerce market has grown up remarkably. And, Coupang has shown new delivery strategy of rocket delivery. Making new paradigm at local market, Coupang has expanded market scale. This study investigated state of local social commerce market, weight and promotion strategy of Coupang market to find out competitiveness edge of Coupang. Research design, data, and methodology - The study investigated state and concept of social commerce to find out state, problems and competitiveness of social commerce. New distribution service was short of precedent studies. Statistical analysis and experimental analysis were not used, and interview was done to investigate three of social commerce businesses. Results - CRM construction is insufficient to have poor system, Local delivery system could not be made enough at overnight delivery and customers were dissatisfied with ties with another company. Promotion shall be done by delivery system for increase of profitability, funding for more investment, chatbot to build new customer control system, and new delivery system to produce profit. Conclusions - Coupang and others have grown up rapidly to worsen profit and to jeopardize survival. Excessive initial investment has threatened the businesses, for instance, low sales of Amazon, excessive expenses, bench marking of logistics system, and others.

Development of Profitability-forecasting Model for Apartment Reconstruction Projects using the Probabilistic Risk Analysis (확률적 위험도 분석 모형을 이용한 아파트 재건축사업의 수익성예측모델 개발)

  • Woo, Kwang-Min;Lee, Hak-Ki
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.54-59
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    • 2007
  • Recently, Apartment Reconstruction Projects are performing only with the basis of profitability without establishing either certain criteria or standard guideline. In addition, the profitability information contained in a disposal plan tends to be considered as a fixed value, and it is frequently changeable because reconstruction projects have such a long time to complete and many participants with respective interests. As mentioned above, the new approach needs to be developed which covers the limitation of the unvaried one. Consequently, this study focuses on the probability approach considering not only variances that affect the profit, but the relationship between profit and risk, and then is modeling. This study is anticipated to improve the reliability and accuracy of expected value as well as apply to the decision making criteria quantitively about potentially hidden risks in that projects.

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The condition and the analysis of the problems of the Japanese - The change of the Korean geriatric security law - (일본 유료 노인홈의 현황과 그 문제점 분석 - 우리나라 노인 복지법 개정에 즈음하여 -)

  • 신경주
    • Proceeding of Spring/Autumn Annual Conference of KHA
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    • 1993.09a
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    • pp.13-20
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    • 1993
  • In Korea, the elderly support has been accomplished by the families in the extended family system with the influence of the transmigration and the confucianism thought. But in Korea the drastic changes of society such as, the growth of the elderly pollution, the urbanization, the decrease of the birth rate, the increase of the working women, the growth of the nuclear families, etc., make the family difficult to take care of the elderly. Therefore, some people insist on the construction of the elderly home as the way to solve the elderly problems and some of corporations including profit-organizations are ready to participate the construction of the elderly home. They force the change of the current social security law because it is impossible to carry out the plans uncer the law. At this point, the conditions of the elderly home in Japan which is geographically close to Korea and has facillicated the elderly home business were examined at the consumer perspectives. The purpose of this study were to consider the possible problems in the elderly home and to prevent from happening another elderly problems in the future.

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