Review of Construction Business Intelligence Research

  • Baek, Seungwon (Department of Civil and Environmental Engineering, Yonsei University) ;
  • Han, Seung Heon (Department of Civil and Environmental Engineering, Yonsei University) ;
  • Yun, Sungmin (Department of Civil Engineering, Yeungnam University) ;
  • Jung, Wooyong (Department of Nuclear Power Plant Engineering, KEPCO International Nuclear Graduate School)
  • Published : 2020.12.07

Abstract

With the 4th industrial revolution, many advanced information technologies are being applied to the area of construction engineering and project management. These applications are usually focusing on design, construction and operation stage and are producing many meaningful fruits. Even though these studies are very important for the development of the construction industry, this study insists that the other stage perspective such as construction business also should be emphasized. Because business phase has significant impacts on the success of a construction project as well as design, construction and operation phase. So, this study reviewed the intelligent-approach papers in planning and marketing, estimation and bid, contract and claim, and project financing fields. This study provides some insights such as values, difficulties, limitations and future directions of business intelligence application.

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Acknowledgement

This work was supported by the National Research Foundation of Korea (NRF) grant funded by the Korea government (MSIT) (No. NRF-2020R1A2C1012739).