• Proceedings of the Korean Institute of Building Construction Conference
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• 2013.05a
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• pp.176-177
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• 2013

The composite PC rahmen structure, called Green Frame, allows the main structural members such as PC column and beam to be produced on the site, resulting in a reduction of PC member transportation cost and the margin of PC plant (operation cost and profit), making it more economic than the bearing wall structure. To apply the Green Frame to practice, not only installation but also insitu-production process should be considered. Therefore, this study analyse the influence factors on insitu-production and installation schedule of composite precast concrete members. The results shall be used as basic criteria on the planning of insitu-production and installation of Green Frame.

• Proceedings of the KIEE Conference
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• 2007.07a
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• pp.812-813
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• 2007

The procurement of generation and transmission/Distribution capacity in vertically-integrated electric industry is sufficient by facility construction in suitable time. However, the introduction of competitive electricity market increase the efficiency of availability for facilities and fuels. As a result, long-term capacity procurement is required for stable demand-supply balance since it is expected to maintain their generation capacity at a minimum for profit maximization. In this paper, a new long-term capacity procurement mechanism is constructed, which is able to assure supplemental contribution in competitive electricity market.

• International conference on construction engineering and project management
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• 2022.06a
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• pp.418-425
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• 2022

For a commercial building, property managers play an important role in maximizing the benefit by reducing cost and increasing revenue in the operation and maintenance phase of the building. However, most of property managers are spending their time in monitoring facility managers who have little impact on cost reduction and maximization of operating profit. The industry practitioners have difficutlty in increasing the efficiency of thier work due to this work environment. In addition, both property managers(PMr) and facility managers(FMr) are dependent on the paper drawings and manuals, which can worsen the inefficiency and human errors are inevitable. This study aims to contribute to improvement of the current practice by developing a novel algorithm that autmatically links the facility information with 3D model, which can provide an efficient property management for commercial buildings.

• International conference on construction engineering and project management
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• 2013.01a
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• pp.213-218
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• 2013

To respond to global warming and climate change, Korean Government has implemented the GHG Target Management, which leads to a voluntary reduction in greenhouse gases from large businesses. Korean universities have put efforts on reducing GHG emissions and energy consumptions in the campuses, however, because of various activities and its characteristic of non-profit organization, establishing a long-term plan for reducing greenhouse gases is necessary. In this research, the Seoul National University's energy usage is analyzed and applicable technologies for reducing GHG emissions are extracted. Hence, three scenarios for performing the GHG Target Management are established. Proposed scenario is available for GHG Target Management and it would be expected to support decision- makings for reducing GHG emissions.

• International conference on construction engineering and project management
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• 2011.02a
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• pp.395-398
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• 2011

This paper introduces stochastic cash-flow modeling integrated with simulation based scheduling. The system makes use of CPM schedule data exported from commercial scheduling software, computes the best fit probability distribution functions (PDFs) of historical activity durations, assigns the PDFs identified to respective activities, simulates the schedule network, computes the deterministic and stochastic project cash-flows, plots the corresponding cash flow diagrams, and estimates the best fit PDFs of overdraft and net profit of a project. It analyzes the effect of different distributions of activity durations on the distribution of overdrafts and net profits, and improves reliability compared to deterministic cash flow analysis.

• Korean Journal of Construction Engineering and Management
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• v.7 no.3 s.31
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• pp.159-168
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• 2006

In order to respond to interest and regulations in sustainable environment which is increasing, construction industry needs to establish a sustainable production system. When generation of wastes can be diminished and recycling of them raised in the construction site as a part of a sustainable production system, it might contribute to not only establishing a sustainable production system but also gaining economical profit. This study is a preliminary research for establishing a sustainable production system, which aims to identify construction waste generation patterns and factors causing construction waste generation. Case studies were implemented to investigate these patterns and factors.

• Korean Journal of Construction Engineering and Management
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• v.12 no.4
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• pp.130-138
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• 2011

In the construction industry, there is a growing demand for new programs incorporating IT applications. In construction, initiatives calling for changes ensuring the improvement of productivity, quality and safety, and for the strengthening of global competitiveness, have contributed to the increased need for exploring new markets. Moreover, the government's supportive policies have helped develop profit models. Meanwhile, the industry and the government have supported the efforts for identifying and disseminating successful case studies - as part of the strategy for evaluating and promoting the developed programs. However, the criteria for identifying/evaluating successful cases remain vague, and the viewpoints of participants differ depending on their disciplines. These discrepancies could lead to inconsistent results. Thus, it is imperative that a criterion be provided, upon which to judge the success or failure of implementation cases and to disseminate role models. It is also imperative that a direction of improvement be proposed. This study was conducted to propose the criteria for and process of evaluating the success of construction-IT convergence to help promote the construction industry incorporating IT applications. To that end, success factors for and the significance of IT-incorporated construction were identified.

• Korean Journal of Construction Engineering and Management
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• v.13 no.1
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• pp.148-159
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• 2012

Recently construction companies' capital condition has been aggravated due to low profit, fierce competition and market contraction. For this reason, the companies rely on public construction projects that protect construction fee by regulations. Despite these regulations, problems regarding progress payment are constantly happening. Also, insufficient analysis on interaction between contractors makes policy making difficult. Thus, in this study, interaction between contractors are quantitatively determined according to delay of application and payment based on current public construction regulations on construction stage. A system dynamics model is used, which analyzes the problems based on an interaction between contractors, and solutions for progress payment application and payment delay are suggested according to the research results.

• Korean Journal of Construction Engineering and Management
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• v.4 no.3 s.15
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• pp.76-84
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• 2003

The bankruptcy possibility of construction firms have been higher by the environment of current construction industry. Thus, converting management environment for growth into that for value or profit is required. Nowadays, funds of construction firms is almost provided by financial institutions. As the firms' size grow, they have a form of fund provision through the securities market; however, fair distribution for returns is not practiced by opening company. Especially, construction firms lost trust of Investor by lack of awareness to firm clearness, and then a vicious cycle of no effectiveness in fund provision through securities market is continued again. On this study correlation between stock quotations and primary financial factors of firms in order to grasp actual management condition in construction firms was analyzed. By this, the correlation between stock quotations and the result of firm management was provided. Also, necessity of firm's capital provision was explained, thus ways to ensure firm clearness was searched.

• International conference on construction engineering and project management
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• 2022.06a
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• pp.1220-1220
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• 2022

Constructionarium Ltd is a not-for-profit organisation which delivers a residential, experiential, immersive learning opportunity to university students from across the built environment education sector. Since 2002, the Constructionarium education model has been available to students in engineering, construction management and architecture at a purpose built, 19-acre multi-disciplinary training facility in Bircham Newton, England simulating real site life and reflecting site processes, practices and health and safety requirements. The unique approach of Constructionarium puts experiential learning and sustainability at the heart of everything. In a week, students develop a practical understanding of the construction process, develop transferable skills, build a team and are exposed to the latest in sustainable technologies. Experiential learning is what differentiates a Constructionarium project from regular field trips or site visits. At Constructionarium the focus is on learning by participation rather than learning through theory or watching a demonstration. The projects cannot be replicated in a classroom or on campus. Using the hands-on construction of scaled down versions of iconic structures from around the world, students learn that it requires the involvement of the whole construction team to successfully complete their project. Skills such as communication, planning, budgeting, time management and decision making are woven into a week-long interrelationship with industry professionals, academic mentors and trades workers. Working together to enhance transferable skills brings the educational environment into the reality of completing an actual construction project handled by the students. Constructionarium has used this transformational learning model to educate thousands of students from all over the United Kingdom, Europe and Asia. Texas A&M University in the United States has sent multiple teams of students from its Department of Construction Science every operational year since 2016.