• Title/Summary/Keyword: general construction business

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A Proposal for Risk Management according to Organizational Tendency for the Overseas EPC Projects of Public Company (공기업 해외발전 EPC 사업 진출 시 조직성향에 따른 위험관리 방안에 관한 연구)

  • Jang, Hyung Sik;Koo, Il Seob
    • Journal of the Korea Safety Management & Science
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    • v.24 no.2
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    • pp.67-76
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    • 2022
  • Power generation construction projects involving large amounts of capital can affect the survival of a company along with huge economic losses in the event of a business failure. In general, private companies are organizations with challenging risk taking tendencies while public companies have a risk averse tendency to avoid risk, so these differences in organizational tendencies make it difficult to respond to risk. In particular, public companies are more likely to fail than private companies because they choose the contradiction of risk picking to enter overseas markets with high uncertainty despite their tendency to risk averse due to the nature of the organization. Therefore, these organizations need risk management techniques that reflect a risk-averse strategy. Accordingly, this paper analyzes the risk management research papers of the existing overseas development EPC business in order to find the risk management techniques related to the organizational tendencies of public companies and proposes "establishing a performance audit system for risk management of the organizational tendencies of public companies" as a way to extract the risk factors through the examples of overseas development projects of public companies and to manage the organizational tendencies of public companies that affect them.

A Study on the Effect of CEO ethics on the business performance of company -Focusing on construction companies - (CEO의 윤리의식이 기업의 경영성과에 미치는 영향에 관한 연구 -건설회사를 중심으로-)

  • Kim, Kil-Hong;Yang, Dong-Woo
    • Journal of Digital Convergence
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    • v.14 no.4
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    • pp.173-183
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    • 2016
  • The purpose of this study is to see how a CEO's ethics affects each company's business performance, as the ethical management of global companies are being one of the social issues at this time, particularly in construction companies. The survey was conducted amongst the engineers and managers who are currently engaged in domestic major companies as well as small businesses, and analyzed based on the frequency, reliability, factor, and multiple regression method. The results are as follows by use of SPSS 20 as a statistical analysis tool. CEO's ethics has a positive effect on financial performance, business ethics, organizational achievement, social achievement. The study found that the higher ethical sense a CEO has, which is one of the highest values of CEO, the higher ownership an employee has, and the more a CEO has a communication with the employees, the more credibility is mutually built, which will be a driving force of company's development. This study needs more wide study for on the effect of CEO's ethics on the business performance of general company in the future.

System Dynamics Modeling for Policy Analysis of Occupational Injuries

  • Lee, Kyung-Soo;Nam, Seok-Woo;Chung, Hee-Tae
    • Journal of Korean Clinical Health Science
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    • v.2 no.2
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    • pp.126-132
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    • 2014
  • Purpose. Because traditional statistics approach had limitations in learning future forecasting and major factors causing occupational injuries in each industry, this paper develops a model forecasting and evaluating occupational injury rate by using a system dynamics model through the analysis of the industry injury statistics and the project for industry injury prevention. Method. The model of this paper consists of 12 total models such as a model of employees, of industrial disaster victims, of injury rate, etc.; In the analysis of firm size, it is classified and developed according to 12 groups on the basis of the number of employees, and in the analysis of industrial classification, it is done according to 10 total business fields such as manufacturing business, construction one, etc. Results. This paper suggests the methodology which forecasts industry injury rate by business field and size on the basis of developed model, and evaluates an industry injury prevention project from various angles. Conclusions. This paper deduced problem through the analysis of an industry injury by business fields and a comparative analysis of foreign cases, and analyzed to affect industry injury prevention by industry. And it also analyzed actual condition of industry injury, and did a difference in the level of safety consciousness according to the general characteristics of workers and occupational safety and health education related characteristics. In result, this paper suggests that analyzing occupational injury related factors, a safety budgetary allocation, and industry injury related factors can reduce illness costs such as employees' injury and medical care, and also assist cost for a disability.

The Construction of CEO Image and the Stock market Evaluation: The Case of AOL Time Warner (미디어의 CEO 이미지 재구성과 주식 평가: AOL Time Warner의 사례분석)

  • Jung, Jae-Min
    • Korean journal of communication and information
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    • v.34
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    • pp.244-274
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    • 2006
  • To explore the social construction of the concept of leadership, image of media mogul depicted in the popular business newspaper, the Wall Street Journal, was analyzed. Then, the reconstructed image of the CEO was compared with the firm's stock price change to see their relationship, if any. This paper focused on the case of Steve Case (previous chairman of AOL Time Warner), who was the leader of the world largest media company. The period for the analysis was three years and five months from his inauguration(January 2000) to the resignation(May 2003). In general, CEO of a firm represents the firm itself. Thus, the image of the CEO is highly transcends to the image of the firm as well. Consequently, the image of CEO might have an impact on the firm's performance. Since business newspaper works as one of the most important information intermediaries in the stock market, the image of CEO constructed in the newspaper might be a critical indicator for the investors. The results revealed that media coverage of Steve Case was commensurate with the financial performance, particularly stock price change of the AOL Time Warner.

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A Study on the Development and Application of a Small Shipyard Customized Production Process Planning and Management System (소형조선소 맞춤형 생산공정 계획관리 시스템 개발 및 적용에 관한 연구)

  • Kim, Young-Hun;Hong, Min-Jong;Baek, Seung-Ju;Lee, Won-Seok;Jo, Yong-Hwa;Lee, Dae-Hyung;Lee, Hoon-Sick;Na, Sung-Tae
    • Journal of the Korean Society of Industry Convergence
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    • v.25 no.1
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    • pp.79-86
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    • 2022
  • In general, since the types and types of ships, so complex and various variables are included to measure the amount of construction work. In addition, it is mot easy to predict the schedule or the number of working hours before ship construction, and it is also mostly inaccurate. As a result, the master plan is manually drawn up by the expert's experience, but there are limitations due to various factors. Medium and large shipyards are operating APS(Advanced Planning and Scheduling) system that reflects industrial characteristics to improve productivity in the planning stage, and utilize information from systems such as ERP(Enterprise Resource Planning) system and MES (Manufacturing Execution System). On the other hand, small shipyards rely mostly on manual work such as Excel work based on the experience of the workers. Therefore, this study intends to develop a master plan management system that can efficiently manage the production process from the business planning stage in consideration of the characteristics of small shipyards.

Development of a Portal System for Information Integration of Construction Business Processes (건설사업 프로세스의 통합 정보화를 위한 포털시스템 개발)

  • Jang, Seok-Woo;Yoon, Hoi-Su;Kim, Jin-Uk;Huh, Moon-Haeng
    • Journal of the Korea Society of Computer and Information
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    • v.14 no.8
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    • pp.33-41
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    • 2009
  • In this paper, we develop a construction business information portal system. Our portal system consists of two major parts including a institution portal and a public portal. The institution portal is for the people working at governmental agencies and the public one is for general users. This paper adopted Method/1 as the development methodology of the portal system and made the portal using Java-based web application framework. After the development of the portal. we tested it step by step to improve its quality and run Help-desk for the stable operation and maintenance. In the future, we will develop some additional contents required by users.

A Study on the Image Encryption for Video Conference System Construction that Security Improves (보안성이 향상된 화상회의 시스템 구축을 위한 영상 암호화에 관한 연구)

  • 김형균;김단환;오무송
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2002.05a
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    • pp.631-634
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    • 2002
  • Video conference system has guided swiftness of information transmission and business processing taking away time and manufacturing drug of space that is happened that long-distance gather and talk. But, leakage of important meeting content, peculation etc., in that execute video-conferences can happen. Therefore, research about video conference system of safety is progressing under secure superhigh speed information communication fetters. This treatise studied about techniques to encipher videotex to prevent variation and outward flow of burn information, peculation etc., except general encryption notation such as user certification to have drawn problem about stability of general video conference system, and is used present as countermeasure about here. Used improved Vernam's encryption techniques to encrypt videotex.

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A Study of Construction Management Professionals' Vocational Ethics (CM전문가의 직업윤리에 관한 연구)

  • Kim, Seung-Jin;Kwun, Joon-Bum;Lee, Jae-Wook;Kim, Han-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.13 no.3
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    • pp.89-98
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    • 2012
  • The growth of CM(construction management) market poses business opportunities and challenges to improve vocational ethics of CM professionals and firms. Ensuring the vocational ethics of CM professionals is an important issue not only for individual CM professional but also CM firms and CM industry in general. The objective of the study is to investigate relationships between the importance and performance of CM professionals' vocational ethics and discuss key characteristics and implications. The IPA(Importance-Performance Analysis) technique is used as a research tool. Findings show that quality CM service and competencies are the core of CM professionals' vocational ethics. But there exists a gap between importance and performance of CM professionals' vocational ethics.

A Study on the Classification System of National Construction Project based on WBS (WBS 기반의 국책 건설사업 기록물 분류체계에 대한 연구)

  • Jeong, Ki-Ae;Jung, Kuk-Hwan;Kim, Chang-Ha
    • Journal of Information Management
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    • v.41 no.1
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    • pp.173-200
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    • 2010
  • National construction project for SOC(Social Overhead Capital) is led by the government and invested high cost and all capabilities for long times. In general case the life times of SOC facilities are permanently. According to the long life time of the facilities documents and records of national projects are also retained permanently. Consistent classification systems are required to operation and maintenance of the facilities efficiently and to support the organic co-works for several Stakeholders. Therefore the classification of national construction projects are based on WBS of the project. WBS is the hierarchy structure that established and developed in project management project management methodology to produce deliverables of the projects. As a result, this study provides a prospect of project records classification systems in the 21st Century.

Research on Data Replication Method for Building an Enterprise Disaster Recovery System (엔터프라이즈 재해복구시스템 구축을 위한 데이터 복제 방안 연구)

  • Hyun-sun Kang
    • The Journal of the Convergence on Culture Technology
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    • v.10 no.1
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    • pp.411-417
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    • 2024
  • In the event of a disaster, it is essential to establish a disaster recovery plan and disaster recovery system to minimize disruption to major IT infrastructure and provide continuous business services. In the process of building a disaster recovery system, data replication is a key element of data recovery to provide uninterrupted and continuous business services in the event of a disaster. The data replication method can be determined depending on the system configuration environment and disaster recovery goal level. In this paper, we present a method for determining a data replication method suitable for the configuration environment and disaster recovery target level when building a disaster recovery system. In addition, the replication method decision procedure is applied to build a disaster recovery system and analyze the construction results. After establishing the disaster recovery system, a test was conducted to determine whether the service was transferred to the disaster recovery center in a disaster situation and normal service was provided, and the results were analyzed. As a result, it was possible to systematically select the optimal data replication method during the disaster recovery system construction phase. The established disaster recovery system has an RTO of 3.7 hours for service conversion to the disaster recovery center to provide continuous business services, and the disaster recovery level, which was Tier 2, has been improved to the target level within 4 hours of RTO and RPO=0.