• Title/Summary/Keyword: small-medium sized construction

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Policy Evaluation and Improvement Plan of Overseas Construction Engineering Industry (해외 건설엔지니어링산업의 정책평가 및 개선방안)

  • Park, Hwan-Pyo
    • Journal of the Korea Institute of Building Construction
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    • v.18 no.4
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    • pp.375-384
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    • 2018
  • Due to the downturn in the local construction business, entry into the overseas markets has been regarded as one of the core tasks of the building sector and the government. Thus, entry into overseas markets, not only by large and middle-standing enterprises, but also by small and medium sized enterprises, has recently become a major construction policy. Therefore, this study identified and evaluated overseas construction support policies in the field of construction engineering, ranked them as the policies for developing market development funds, fostering and educating expert workers, and supporting the provision of information on winning orders. Through these policy assessment results, the study proposed improvement measures from the government and from the business side. As for the government viewpoint, a measure of providing information suited to engineers in design companies, project manager (PM), construction manager (CM), a measure of producing skillful workers through the expansion of education support policies, and the promotion of specialized overseas workforce in the construction engineering sector were proposed. In the construction engineering industry, this study suggested measures for securing global expert manpower, sharing performance of overseas construction market development project, strengthening construction project management capacity, and strengthening risk management.

Analysis of the relationship between satisfaction and use value of the amount of construction technology information provided (건설기술정보 제공물량의 만족도 및 사용 가치 간의 관계 분석)

  • Seong Yun Jeong;Jin Uk Kim
    • Smart Media Journal
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    • v.12 no.11
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    • pp.154-164
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    • 2023
  • The Construction Technology Information System collects, processes, and provides the public with free of charge 16 types of construction technology-related texts or index information, such as construction standards, construction practices, and construction reports, required at construction sites to enhance domestic construction technology. This study judged that user satisfaction could be increased if the budget was allocated first to the most effective construction technology information DB establishment. For each type of construction technology information, the level of satisfaction felt by the population for the quantity provided and the value of use according to the acquisition and utilization of information were investigated. Reliability between independent variables and dependent variables through a multiple regression analysis process to identify how the demographic characteristics of the population affect user satisfaction and the factors that affect the use value of information for each type of construction technology information. and the correlation was analyzed. The correlation between the demographic characteristics of respondents and users' satisfaction with the provided quantity was generally low, but construction experience, age, etc. were found to have an effect on satisfaction with the provided quantity. In particular, among the demographic measurement items of respondents, the more construction experience they had, the higher their satisfaction level with the quantity provided of low-level technical standards, and it was analyzed that older age had an impact on satisfaction with the quantity provided for small and medium-sized business support information.

An Empirical Analysis of the Effect of the Introduction of Korean equivalents of International Financial Reporting Standards (K-IFRSs) (한국채택국제회계기준(K-IFRS) 도입이 건설업체에 미치는 영향에 대한 실증분석)

  • Jang, Sewoong
    • Korean Journal of Construction Engineering and Management
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    • v.15 no.2
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    • pp.104-111
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    • 2014
  • Due to the structure of advanced installment sales of houses which is a construction industrial structure unique to Korea and the Project Financing (PF) project structure that includes construction companies' debt guarantee agreements, the changes in accounting methods resulting from the introduction of K-IFRSs are expected to act in a direction to deteriorate construction businesses' financial statements. Therefore, K-IFRSs are an important issue that can seriously affect the entire domestic construction industry and construction businesses are conceiving strategies to respond to the introduction of K-IFRSs. From this viewpoint, this study was intended to empirically analyze the effect of the introduction of K-IFRSs on construction businesses utilizing financial data applied with the K-IFRSs recently announced. In the analysis, the EDFs were calculated by business using the existing accounting standards GAAP and using K-IFRSs and the results were compared with each other. The results of the analysis indicated that most construction businesses were adversely affected by the introduction of K-IFRSs. It is also considered that businesses with relatively good financial statements under the existing accounting standards GAAP would be affected more by the introduction of K-IFRSs than other businesses. In addition, the introduction of K-IFRSs is expected to have larger effects on large construction businesses that have been providing debt guarantees for PF projects than on small or medium sized construction businesses.

The Effect of Perceived Low-Carbon Green Growth Policy on Organizational Commitment in Small and Medium Construction Workers (중소건설업 종사자들의 저탄소 녹색성장 정책 인식이 조직몰입에 미치는 영향에 관한 연구)

  • Yang, Hoe-Chang;Hong, In-Gi;Park, Kwang-Cheol
    • Management & Information Systems Review
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    • v.31 no.4
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    • pp.237-260
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    • 2012
  • Purposes of this paper are focused on researching that employees in small and medium-sized construction company embraced green growth policy by Korean government's strong will and they have try to improve it to take advantage of strengths. Specifically, the purpose of this study includes: Firstly, to examine the effects of employee's cognition of green growth policy and their organizational commitment. Secondly, to examine the mediating and moderating effect of the policy trust and company trust between employee's cognition of green growth policy and organizational commitment. In addition, th examine the facilitating effect of employee's self-efficacy between company trust and organizational commitment. In order to verify the relationship, moderating and mediating effects, data were collected from 168 individuals in 19 small and medium sized company to test theoretical model and its hypotheses. Findings are as followed: first, the relationship between the cognition of green growth policy and organizational commitment is positively related. Second, the employee's company trust played as a partial mediator and moderator on the relationship between cognition of green growth policy and organizational commitment. Finally, employee's self-efficacy also played as a partial mediator on the relationship between company trust and organizational commitment. This study contributes to deepen our understanding of employee's organizational commitment by suggesting an alternative theoretical model regarding how the cognition of green growth policy and organizational commitment work to relate employee's company trust, and how the company trust and organizational commitment work to facilitate employee's self-efficacy. These results reveal that the study contributed to combining variables of employee's cognition of green growth policy, company trust, self-efficacy and organizational commitment, and expanded it.

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A Research on Development Measures of Information Services for Construction Technology (건설기술 정보서비스 구축 방안에 관한 연구)

  • Ok, Hyun;Kim, Jin-Uk
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.8
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    • pp.5707-5715
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    • 2015
  • Recently, construction industry has won an increasing number of orders for overseas construction projects, thereby achieving an external growth, but its competiveness is concentrated on the construction execution field. In particular, the plant field occupies most of the entire orders, which are concentrated regionally in the Middle East and Asia. In addition, low-cost orders are frequently caused by excessive competition. But its high value-added construction engineering(Below, CE) field's overseas market share and technological capacity are very low. Also, technological competiveness, in terms of order amount and other factors, is deepening in polarization between large CE companies and small and medium-sized CE firms. It is noted that the existing CE information systems mostly simply accumulate data such as design and specification standards and provide the information thereon to users, and thus have yet to provide the information essential for the CE and support such efforts. This study sought to prepare a system designed for sharing outstanding design documents information necessary for the CE industry, by category of construction so as to support the technological enhancement of the CE field. Toward that end, this study presented measures for constructing the system and services designed to exchange and share the outstanding design documents information and know-how by construction category necessary between ordering agencies and CE companies.

Development of the Accelerated Life Test Method & Life Test Equipment for the Counterweight of the Construction Machinery (건설기계용 카운터웨이트 시험장비 및 가속수명시험법 개발)

  • Lee, Gi-Chun;Lee, Young-Bum;Choi, Byung-Oh;Kang, Bo-Sik;Kim, Do-Sik;Choi, Jong-Sik;Kim, Jae-Hoon
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.39 no.12
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    • pp.1275-1280
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    • 2015
  • A large-sized exciter that vibrates a two-ton component is required to simulate the field operating conditions of a counterweight of an excavator. However, it is difficult for a small-medium sized company to obtain a large exciter for the life test of a counterweight which is an equivalent counterbalancing weight that balances a load. Therefore, in this study, we developed life test equipment for evaluating the reliability of construction machinery weighing about two tons. It simulates the field operating conditions using rotational vibrators consisting of electric motors. A failure analysis of the counterweight was also performed for the major components. Field data acquired from various sites were applied to the life test design of the counterweight. Finally, a zero-failure qualification test based on the accelerated life test was designed, and there was no failure during the test, which guarantees a life of $B_5$ 10,000 hours.

Influence of Housing Market Changes on Construction Company Insolvency (주택시장 변화가 규모별 건설업체 부실화에 미치는 영향 분석)

  • Jang, Ho-Myun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.5
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    • pp.3260-3269
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    • 2014
  • The construction industry has strong ties with other industries, and so construction company insolvency also has a strong influence on other industries. Prediction models addressing the insolvency of construction company have been well studied. Although factors contributing to insolvency must precede those of predictions of insolvency, studies on these contributing factors are limited. The purpose of this study is to analyze the influence of changes in the housing market on construction company insolvency by using the Vector Error Correction Model. Construction companies were divided into two groups, and the expected default frequency(EDF), which indicates insolvency of each company was measured through the KMV model. The results verified that 10 largest construction companies were in a better financial condition compared to relatively smaller construction companies. As a result of conducting impulse response analysis, the EDF of large companies was found to be more sensitive to housing market change than that of small- and medium-sized construction companies.

ESG Evaluation and Response of Construction Companies in Korea (국내 건설기업의 ESG 평가 및 대응방안)

  • Park, Hwan-Pyo
    • Journal of the Korea Institute of Building Construction
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    • v.23 no.6
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    • pp.785-796
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    • 2023
  • The adoption of Environmental, Social, and Governance(ESG) practices in domestic construction firms is predominantly driven by major corporations. These companies not only publish reports on their ESG management but also engage in a meticulous process of identifying key issues and setting priorities. This process entails an in-depth evaluation of the severity of various issues and the gathering of insights from experts in the field. Interestingly, a comparative analysis of ESG assessments for construction companies, both domestically and internationally, reveals significant discrepancies in outcomes. These differences stem from the varied evaluation methodologies and criteria employed by different assessing bodies. Addressing this gap, our study proposes a suite of strategies aimed at bolstering ESG management within the construction sector. We advocate for enhanced policy support and financial backing, especially targeting small and medium-sized enterprises(SMEs) to facilitate their engagement in ESG practices. A critical step forward involves the standardization and transparent disclosure of ESG evaluation criteria, tailored to reflect the unique aspects of the construction industry. Moreover, the standardization and publication of ESG assessments for subcontractors are essential, equipping them with the necessary tools for effective ESG management and evaluation. Given the global nature of construction projects, particularly those commissioned by the European Union in regions like Africa and East Asia, adherence to ESG standards is imperative. Our long-term vision includes the development of a comprehensive database detailing ESG regulations and their impacts, segmented by region and country. This repository will serve as a valuable resource for companies venturing into international construction projects.

A Study on the Possibility of Using Concrete Blocks with Ready Mixed Concrete Sludge (레미콘 슬러지를 활용한 콘크리트블록 활용에 대한 기초 연구)

  • Jung, Jae-Ho
    • Journal of the Korea Institute of Building Construction
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    • v.19 no.4
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    • pp.307-312
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    • 2019
  • Sludge generated in the production of ready-mixed concrete is classified as waste and processed at a high cost. In particular, small and medium-sized ready-mix manufacturer are burdened with such costs, and some companies are illegally processing them. Therefore, the purpose of this study is to suggest a method for recycled remicon sludge as a concrete block composition. When the remicon sludge is simply dried, the residual chemical admixture and ettringitee contained in the sludge are present, so that the compressive strength of the concrete block and the compressive strength after freezing and thawing are largely deteriorated to meet the quality standards of the concrete shore and retaining wall block It was not possible to do. As a method for satisfying the physical performance, it was found that the remicon sludge was calcined at a high temperature of about $900^{\circ}C$. to decompose ettringite and residual chemical admixture and then used it.

BIM-Based Generation of Free-form Building Panelization Model (BIM 기반 비정형 건축물 패널화 모델 생성 방법에 관한 연구)

  • Kim, Yang-Gil;Lee, Yun-Gu;Ham, Nam-Hyuk;Kim, Jae-Jun
    • Journal of KIBIM
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    • v.12 no.4
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    • pp.19-31
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    • 2022
  • With the development of 3D-based CAD (Computer Aided Design), attempts at freeform building design have expanded to small and medium-sized buildings in Korea. However, a standardized system for continuous utilization of shape data and BIM conversion process implemented with 3D-based NURBS is still immature. Without accurate review and management throughout the Freeform building project, interference between members occurs and the cost of the project increases. This is very detrimental to the project. To solve this problem, we proposed a continuous utilization process of 3D shape information based on BIM parameters. Our process includes algorithms such as Auto Split, Panel Optimization, Excel extraction based on shape information, BIM modeling through Adaptive Component, and BIM model utilization method using ID Code. The optimal cutting reference point was calculated and the optimal material specification was derived using the Panel Optimization algorithm. With the Adaptive Component design methodology, a BIM model conforming to the standard cross-section details and specifications was uniformly established. The automatic BIM conversion algorithm of shape data through Excel extraction created a BIM model without omission of data based on the optimized panel cutting reference point and cutting line. Finally, we analyzed how to use the BIM model built for automatic conversion. As a result of the analysis, in addition to the BIM utilization plan in the general construction stage such as visualization, interference review, quantity calculation, and construction simulation, an individual management plan for the unit panel was derived through ID data input. This study suggested an improvement process by linking the existing research on atypical panel optimization and the study of parameter-based BIM information management method. And it showed that it can solve the problems of existing Freeform building project.