• Title/Summary/Keyword: international development project

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How Much Discrepancy Can Happen from BIM-based Quantity Take?

  • Kim, Seong-Ah;Chin, Sangyoon
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.263-267
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    • 2015
  • Stakeholders of a construction project expect cost savings through fast and accurate cost analysis by performing BIM-based quantity take-off (BQT). However, authors have observed that there can be discrepancies in the results of BQT depending on the level of development (LOD) and modeling methods. In addition, since quantity take-off methods are different depending on the construction work items, the combination of LOD, modeling methods of BIM, features of construction work items can cause serious overestimate or underestimate in BQT results. It is necessary to identify what kind of problems can happen and how those problems can be avoided in various construction work items, since the discrepancy of quantity take-off results has great impact on not only cost analysis but also the determination of contract amount and it can cause claims, poor construction quality, cost overruns, and many others later in the construction project. Therefore, this paper focuses the identification of issues and problems of BQT at each construction work item level based on two categorizations of structural works and interior works.

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A Study on Associations among Number of Bidders, Contract Award Rate and Profitability on International Construction (해외건설에서의 입찰 업체 수와 프로젝트 수주성공률 및 수익률의 상관관계에 관한 연구)

  • Sohn, Tae-Hong
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.31 no.2D
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    • pp.247-253
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    • 2011
  • In 2009, the Korean international construction industry showed a great performance, totaling 49.1 billion of contract and then this achievement has been considered a key milestone presenting that the international construction industry is one of the primary export industries of Korea. However, because of the construction firms' equalized levels of technology and price competitiveness, the competition among bidders is becoming more intensive. Moreover, this changing market circumstance leads construction firms to apply for bidding with the lowest price that could not meet the expected profitability of a project. Therefore, to develop various strategies based on project characteristics becomes one of the critical capabilities that construction firms should possess. Based on these motives, this study is aimed to investigate associations among number of bidders, contract award rate, profitability on international projects. For the correlation analysis, a set of data is structured by collecting all projects ranging from 1993 to 2009, excluding projects funded by official development and domestic funds. The number of bidders were grouped depending on project characteristics such as market regions, project types, bidding types, and order organization types. As the result of correlation analysis, contract award rate increases as the number of bidders increase, but the relationship between the number of bidders and profitability is negative. Understanding the correlations among variables can be employed in developing strategies to improve construction firms' competitiveness in the international construction market.

Evaluation of the Effect of Project Delay on Future Benefits in the Nepal Highway Infrastructure Construction Sector

  • Chhabi Lal PAUDEL;Michael HENRY
    • International conference on construction engineering and project management
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    • 2024.07a
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    • pp.137-144
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    • 2024
  • Public infrastructure projects are implemented to achieve targeted economic development of nations. However, due to the delayed execution of projects, the investment cost of the project increases in proportion to time overrun. The increased investment cost for the defined scope of project may have an effect on the achievement of planned future benefits, but the effect of delay on the loss of estimated benefits is not well explored. The primary objective of this research is to assess the effect of delayed execution of road and bridge construction projects on the estimated future benefits. Furthermore, the relationship between delay and the percentage loss of future benefits is modeled using the linear regression analysis. The data consists of 395 road and 248 bridge construction contracts under the Department of Roads, Nepal. The statistical analysis of road and bridge construction contracts showed that there is a reduction in estimated benefits in future years due to the effect of delay. The relationship between the percentage loss of estimated benefit and delay period in months was found to be significant for both road and bridge contracts. The results show that delay not only affects the short-term cost overrun but also the achievement of estimated future benefits. This research thus contributes valuable insights into the understanding of the impact of project delays on both cost overruns and the loss of estimated future benefits. Furthermore, this research has practical implications for policymakers, private sector investors, and financing agencies involved in infrastructure development projects.

RAMS Management Planning in CBTC System Development for Metropolitan Railroad Applications (도시철도용 CBTC시스템 개발을 위한 RAMS관리계획 수립에 대한 연구)

  • Shin, Duc-Ko;Kim, Gon-Yop;Oh, Seh-Chan;Yoon, Yong-Ki
    • Proceedings of the KSR Conference
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    • 2011.10a
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    • pp.711-716
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    • 2011
  • Ministry of Land, Transportation and Maritime Affairs of Korea has started a research project on verification process and safety assessment of Communication Based Train Control (CBTC) system for metropolitan railroad control as a 3-year project starting from 2010. As a number of companies has made efforts in securing the technologies for domestic production of CBTC systems, the purpose of the project is to develop the specification for interoperability with the considerations for local environments including metropolitan train operations and wireless communications. And the developed systems and the RAMS related outcomes from the participating companies are subject to Independent Safety Assessment (ISA) performed by a foreign specialized agency and the corresponding certificates are to be issued as a part of the project. In this paper, the RAMS management for verification and commercialization of metropolitan railroad CBTC systems has been studied. The study includes response strategy for the requirements of international standards, responsibility and authority of the related institute and the companies, quantitative RAMS objectives, and risk management strategies in project fulfillment.

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A Study on the Effect of Satisfaction with R&D Projects on R&D Performance Satisfaction -For SMEs in Jeollanamdo-

  • Choi, Hong Wan;Kang, Min Jung
    • International Journal of Internet, Broadcasting and Communication
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    • v.13 no.1
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    • pp.11-19
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    • 2021
  • The purpose of this study is to check whether the satisfaction of the R&D (Research & Development) project directly affects the R&D performance, and to find out whether the satisfaction with regional connectivity and the satisfaction with the R&D operation management significantly mediate the relationship that the satisfaction with the R&D project has on the R&D performance. In order to verify the research hypothesis on this, a total of 51 companies located in Jeollanam-do that actually conducted R&D research projects were surveyed and analyzed. In order to conduct an empirical study based on the collected questionnaire, a survey questionnaire related to the variables of the study model was composed based on a sample of 51 questionnaires. We used the SPSS program to verify the hypotheses in this study, and the hypotheses were verified by analyzing the validity, reliability, correlation, and deflection. As a result, there was a positive (+) significant relationship between R&D project satisfaction and R&D performance. In addition, it was found that the relationship between R&D project satisfaction and R&D performance was significantly mediated by the satisfaction with R&D regional connectivity and satisfaction with R&D project operation management.

Issues of New Technological Trends in Nuclear Power Plant (NPPs) for Standardized Breakdown Structure

  • Gebremichael, Dagem D.;Lee, Yunsub;Jung, Youngsoo
    • International conference on construction engineering and project management
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    • 2020.12a
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    • pp.353-358
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    • 2020
  • Recent efforts to develop a common standard for nuclear power plants (NPPs) with the aim of creating (1) a digital environment for a better understanding of NPPs life-cycle management aspect and (2) engineering data interoperability by using existing standards among different unspecified project participants (e.g., owners/operators, engineers, contractors, equipment suppliers) during plants' life cycle process (EPC, O&M, and decommissioning). In order to meet this goal, there is a need for formulating a standardized high-level physical breakdown structure (PBS) for NPPs project management office (PMO). However, high-level PBS must be comprehensive enough and able to represent the different types of plants and the new trends of technologies in the industry. This has triggered the need for addressing the issues of the recent operational NPPs and future technologies' ramification for evaluating the changes in the NPPs physical components in terms of structure, system, and component (SSC) configuration. In this context, this ongoing study examines the recent conventional NPPs and technological trends in the development of future NPPs facilities. New reactor models regarding the overlap of variant issues of nuclear technology were explored. Finally, issues on PBS for project management are explored by the examination of the configuration of NPPs primary system. The primary systems' configuration of different reactor models is assessed in order to clarify the need for analyzing the new trends in nuclear technology and to formulate a common high-level PBS. Findings and implications are discussed for further studies.

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Development of framework to estimate environmental loads of PSC beam bridges based on LCA

  • Lee, Wan Ryul;Kim, Kyong Ju;Yun, Won Gun;Kim, In Kyum
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.730-731
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    • 2015
  • This study aims at giving the framework to estimate the environmental load at planning and schematic phase. With increasing awareness of environmental issues, the effort to reduce the environmental impacts caused by human activity has been increasingly enlarged. So far most of researches estimating CO2 emissions have analyzed energy consumption based on BOQ (Bills of Quantity) acquired after detailed design. There is also lack of reliability in the estimated environmental impact using the basic unit of a facility at the planning stage, because it uses a limited specific section of historical data. Thus, this study is targeted at developing framework to assess reliable environmental loads based on information available at project early phases by making case-bases from historical design information on PSC Beam Bridge. Historical database is built on the basis of the LCA (Life Cycle Assessment) and in order to set input information for estimating model, the literature about information in an early project phase are reviewed. Using the information available in the planning and schematic design stage, the Framework is presented to estimate the environmental load in an early stage in the project. Developing an environmental load estimation model in accordance with the Framework presented in this study, it is expected that the environmental load in the initial project phase can be estimated more quickly and accurately.

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Parameter Impact Applied Case-based Reasoning Cost Estimation

  • Joseph Ahn;Hyun-Soo Lee;Moonseo Park;Sae-Hyun Ji;Sooyoung Kim
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.475-478
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    • 2013
  • To carry out a one-off construction project successfully, effective and accurate early cost estimation is crucial, especially during the conceptual stage where very limited minimum information of construction project is given. As the level of accuracy of the early cost estimation has huge impacts on precise budgeting and cost management of a project, in other words, reducing the risk of a project, cost must be managed with special awareness. In an effort to improve the estimate accuracy of cost during the conceptual stage, this research introduces a Parameter Impact (PI) which can quantify weights of parameters and rank them; and PI development derived from the principle of impulse in physics is explicated. For a case study, 76 public apartment building cases in Korea are analyzed. To examine the validity of the proposed PI, a validation in terms of CBR applicability test and estimate accuracy comparisons using 10-nearest neighbor cases are carried out. The validation results support that the suggested PI can be applied in quantifying the weights of the parameters and CBR method for early cost estimation.

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A Basic Study on the Features of Public Open Space Plan in Establishing Residential Complexes -A Case Study of the Public Open Space Plan in Tama New Town, Japan- (주거단지 조성에 있어서의 공공녹지계획의 특징에 관한 기초연구 -일본 타마 뉴타운의 공공녹지체계를 사례로-)

  • Yeom, Sung-Jin
    • Journal of Environmental Science International
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    • v.27 no.8
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    • pp.711-721
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    • 2018
  • In order to address housing issues, alleviate the concentration of urban populations, and resolve other issues regarding residential spaces, large residential complexes have been developed in Korea since the 1970s. The changes to the residential culture due to such development projects propagated rapidly, making the apartment complexes the most representative form of housing in Korea. In developing such large-scale complexes, plans for public open spaces, which play an important role in formulating the quality of residential environment, have been mostly the same, only utilizing the spaces remaining after planning other types of spaces. The current study looks at the case of Tama New Town development project, a Japanese new town development project that has a similar public open space system in large scale residential complex development projects in Korea. In doing so, the current study aims to identify the features of public open space plans. In the conclusion, the study first finds that various public open spaces must be reviewed and introduced in term of predicting social demands. Second, the study suggests the policy-makers should actively introduce pedestrian paths as a public open space. Third, the study deduces the planning implications of applying the principle of original landscape preservation.

Development of a model to forecast the external migration rate in development projects reflecting city characteristics

  • Kim, Ki-Bum;Park, Joon;Seo, Jee-Won;Yu, Young-Jun;Hyun, In-Hwan;Koo, Ja-Yong
    • Environmental Engineering Research
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    • v.23 no.4
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    • pp.406-419
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    • 2018
  • In planning public service systems such as waterworks, the design population is very important factor. Owing to the limitations of the indirect method, two new models, which take into consideration urban characteristics, were developed to accurately predict external migration rate (EMR), which is an essential component in estimating reliably the design population. The root mean square error (RMSE) between the model values and observed values were 10.12 and 15.58 for the metropolitan cities and counties respectively and were lower compared to RMSE values of 27.31 and 28.79 obtained by the indirect method. Thus, the developed models provide a more accurate estimate of EMR than the indirect method. In addition, the major influencing factors for external migration in counties were development type, ageing index, number of businesses. On the other hand, the major influencing migration factors for cities were project scale, distance to city center, manufacturing size, population growth rate and residential environment. Future medium and long-term studies would be done to identify emerging trends to appropriately inform policy making.