• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.559-562
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• 2002

Re-construction and remodeling were presented by the alternative in reply by inventory extension of dilapidated high-rise apartment. functional, social, economical dilapidation is enforced for reason than deterioration that reconstruction congratulatory address household mascot is physical and various kinds problem such as social cost by early loss of house was presented. Regulation about re-construction is intensified and remodeling connection system will be improved. Existent research about economic performance analysis of remodeling business development profit such as Gangnam and jamsil is preponder .Wish to present one inside about re-construction and remodeling city economic performance examination in gang of bandits mind apartment owner's situation in this research..

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.82-87
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• 2003

Domestic remodeling market is now growing centering around non housing building. Unlike non housing building remodeling business, understanding of remodeling demanders accustomed to profit of reconstruction, deficiency of experience performing remodeling project and construction, shortage of will performing remodeling policy and detailed action method are difficulties in performing apartment building remodeling business. Understanding change of remodeling demanders. strong economic incentive by government, construction management paradigm shift from new construction into building life cycle, application of construction method using existing building condition before remodeling and remodeling related industry infrastructure are required to improve this remodeling business circumstances.

• Journal of the Korea Institute of Building Construction
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• v.12 no.4
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• pp.401-414
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• 2012

The adoption of Green Frame is expected to provide economic benefits, since construction costs are reduced by the in-situ production of precast concrete column and beam. The cost reduction can ultimately be realized by saving transportation costs and the overhead and profit of PC plants. The cost structure of Green Frame, which is built up using composite precast concrete members, is similar to that of a bearing-wall structure, but the difference in construction process has resulted in some cost differences for a few items. In particular, production and installation is the principal work involved in Green Frame made by precast concrete members, while form and concrete work is the principal work for a bearing-wall structure. As such, the rental time and fee for a tower crane should be compared through time analysis. To verify reliability, this study focused on developed residential projects to estimate the construction costs. Through this analysis, it was found that the costs of Green Frame were 1.57% lower than the costs of bearing-wall structure. The results of this study will help in the development of a management plan for the structural work of Green Frame.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.245-250
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• 2001

Nowadays, there has been extreme competition due to market reduction in the domestic construction industry. In this situation, Korean construction companies are focused in the area of planning development housing project, which should maximize profit for a project. The most important step in this project is the business planning stage which judge whether it could come true or not. Each company has its own planning process model, but there hasn't been any standard model for the business planning process. To solve this problem in Korean construction companies, this study identifies the existing business planning process in the domestic construction companies finds out its problems, and suggests solutions for thorn. And Finally a business planning process model is proposed for success in development housing projects.

• Journal of Construction Engineering and Project Management
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• v.3 no.1
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• pp.1-9
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• 2013

Construction is a competitive industry and successful contractors must be able to win bids to obtain projects. Cash flow analysis not only determines actual profit at the end of the project, but also estimates required cash resources or cash ballances at the end of every month. Cash flow analysis is important in managing a construction project; however, it requires extensive information that is not immediately available to the general contractor. Before contractors can perform cash flow analysis, they must first complete a series of pre-requisites such as the quantity take off, scheduling, and cost estimating, followed by accurate assessments of project costs incurred and billable progress made. Consequently, cash flow analysis is currently a lengthy, uncertain process. This paper suggests improved cash flow analysis can be developed using data extraction in Building Information Modeling (BIM). BIM models contain a wealth of information and tools have been developed to automate a series of process such as quantity takeoff, scheduling, and estimating. This paper describes a prototype tool to support BIM-based, automated cash flow analysis.

• Journal of the Korean Society of Safety
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• v.11 no.1
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• pp.99-107
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• 1996

This survey is to compare the the number of accidents which were occurred in 24 construction companies with the average accident in construction industry. The number of accidents in 24 companiesis is lower than the average accident, then it is classified "save", otherwise it is classified "loss". This survey is conducted to have top management be interested and invest for safety by recognizing that safety management could be profit for the company. The result of this survey is as follows : The total save amount in 1992 is 44,780mi11ion Won and average is 1,870mi11ion Won, with being 11, 200mi11ion Won by reduction amount of deaths and 33,580mi11ion Won by reduction amount of injuries. In 1993 the total is 33,330mi11ion Won and average is 1,390mi11ion Won, and in 1994 the total is 38, 720mi11ion Won and the average is 1,610mi11ion Won. This result is save amount of workmen's compensation insurance with excluding the indirect costs for accidents. The company which ranked the highest save amount is B Construction Company with being 15.1 billion Won and the next is A Construction Company during 3 years. The Company which ranked highest percentage of save amount to sales amount is Q Heavy industry with being 0.359% and the next is B Construction Company during 3 years.pany during 3 years.

• International conference on construction engineering and project management
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• 2013.01a
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• pp.243-251
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• 2013

Cash management is a major concern for all contractors in the construction industry. It is arguable that cash is the most critical resource of all. A contractor needs to secure sufficient funds to navigate the project to the end, while keeping an eye on maximizing profits along the way. Past research attempted to address such topic via developing models to tackle the time-cost tradeoff problem, cash flow forecasting, and cash flow management. Yet, little was done to integrate the three aspects of cash management together. This paper, as such, presents a comprehensive model that integrates the time-cost tradeoff problem, cash flow management, and cash flow forecasting. First, the model determines the project optimal completion time by considering the different alternative construction methods available for executing project activities. Second, it investigates different funding alternatives and proposes a project-level cash management plan. Two funding alternatives are considered; they are borrowing and company own financing. The model was built as a combinatorial optimization model that utilizes ant colony search capabilities. The model also utilizes Microsoft Project software and spreadsheets to maintain an environment that incorporates activities, their durations, and other project data, in order to estimate project completion time and cost. Ant Colony Optimization algorithm was coded as a Macro program using VBA. Finally, an example project was used to test the developed model, where it acted reliably in maximizing the contractor's profit in the test project.

• Proceedings of the KIEE Conference
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• 1998.07c
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• pp.1121-1124
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• 1998

Inchon International Airport(IIA) is constructed for Northeast Asia Gate as is important for IIA to become a 21 century's leader in the world, as is planned for open at december 2000 as a important economic link for unified korea. Airport Power Information System(APIS) is designed through investigation of advanced domestic and international example. In addition to power facility operation it is designed for using an information infrastructure of whole airport. APIS is newly designed for uninterupted power supply, effective power management, information infrastructure's construction. making a profit by positively introduction of new technology for collection and conservation of power related data, correlation with airport infra systems, data interrelative arrangement about related systems like outdoor lighting system and automatic measuring record, CCTV systems for remote power facility monitoring, and promotion of management ability in the emergency status.

• Journal of the Korea Institute of Building Construction
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• v.13 no.4
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• pp.372-381
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• 2013

In the construction industry, a great deal of research has been focused on productivity improvement because a minor change in labor productivity can often make the difference between a profit and a loss. This study shows how productivity measurement methods can be applied in practice, step by step, to analyze and identify potential problems both in productivity and methods performance for masonry work. A work sampling technique was conducted to determine the nature and extent of an observable activity as an aid to measuring overall performance. Also, a method productivity delay model was used to identify non-productivity in individual cycle times. From the work sampling technique, it was found that the masonry crew had a Labor Utilization Factor of 47.1%, and from the videotape analysis, it was found that the material and dumpster location need to be adjusted to reduce the travelling distance. We have found that efforts to improve the productivity of masonry work should be focused almost exclusively on machine and labor delays, based on the result from the method productivity delay model.

• Proceedings of the Korea Concrete Institute Conference
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• 2001.05a
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• pp.275-280
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• 2001

Recycling of coal combustion by-product(Ash) are becoming more improtant in the utilization business as a result of the increased use of NOx reduction technologies at coal-fired power plants. current disposal methods of these by-products create not only a loss of profit for the power industry, but also environmental concerns that breed negative public opinion. Since inherent characteristics make these by-product suitable for building materials, several types of artificial aggregates and construction bricks are manufactured and tested to verify the engineering properties.