• 주택과사람들
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• s.206
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• pp.40-43
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• 2007

대부분 건설업체들이 분양가상한제를 앞두고 줄어드는 수익성을 보전할 방안에 골몰하고 있다. 분양가상한제 이후 건설업체들의 다양한 옵션 전략에 대해 알아본다.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.306-310
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• 2002

Agreements such as the Uruguay Round and the New Round have dramatically changed international construction markets. The globalization of the construction industry provides tremendous opportunities for construction industry, while it generates the complex skeins of risks to contractors wllo would like to expand into new foreign markets. According to ENR, recently about $13.9\%$ of contractors that entered international construction markets have experienced loss in projects and furthermore, their average profits have also declined continuously. Accordingly, contractors need a strategic risk management system for assessing various risks and improving Profitability for overseas construction projects. This paper discusses the long-term trend of profitability performed by Korean contractors in international construction markets during the last 35 years. Then, it identifies the key factors that affect the profitability significantly through the structured surveys from 59 actual overseas projects. These factors can be used for developing a risk management system for international construction project.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.26 no.5D
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• pp.849-859
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• 2006

Earnings of domestic enterprises are expected a serious damage because the lowest cost bid system and the current cost estimate system. In 2005 average successful bid rate for the lowest cost bid project is below 60%, this is not reach at the operating budget of enterprise. Many problems such as illegal construction, low price subcontract, chain enterprise loss com in to practice because of low successful bid rate. In addition earnings of the enterprises expected to be the minimum, because of enlarge execution of the current cost estimate system. This study tries to lend assistance by giving alternative for the construction enterprise by presenting the bid system, investigate and compare foreign system with domestic and analyze correlation of the lowest cost bid and the current cost estimate system.

• 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.

• Construction Engineering and Management
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• v.2 no.1 s.5
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• pp.8-11
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• 2001

요즘 매스컴에서 건설회사 도산 및 부실 등에 대한 보도가 많아지고 있다. 98년 말부터 우려해 오던 건설산업 구조조정이 한창 진행 중에 있으며, 2000년 7월말 현재 100대 건설사중 37개사가 법정관리, 화의, 워크아웃 상태이며, 이후 대형건설업체의 계속되는 부도 등 부실화로 인한 퇴출이 더욱 가속되고 있는 상황이다. 이렇게 건설 회사들이 부실화가 된 원인을 살펴보면, 공사 발주물량은 97년 대비 70{\%}대에 머물고 있는 반면 건설업체 수는 오히려 $60{\%} 정도 증가해 업체별 평균 수주액이 급감하였고, 이에 따라 업체들의 과당 출혈 경쟁으로 수익성이 악화되고 말았다. 그러나 이러한 건설업의 어려운 환경에서도 고려개발(주)는 2000년 당기순이익 176억원 등 ‘89년 이후 12년 동안 순익을 내고 있으며, IMF가 한창이던 98년부터 2000년까지 약 1조2천억원의 수주고를 달성하였다. 또한 2000년 부채비율 $146{\%}$, 자기자본비율 $41{\%}$, 자기자본순이익율 $14{\%}$로 선진건설업체 수준의 재무비율을 확보하여 경영평가 1위를 차지하고 있다. 이러한 원인을 고려개발(주)는 건설산업의 구조조정에서 살아남을 수 있는 해결책은 정보화라고 판단하여 지난 ’95년부터 꾸준히 사내 정보화 정착에 전력하고 있다.

• Korean Journal of Construction Engineering and Management
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• v.16 no.4
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• pp.50-59
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• 2015

While the international construction industry for Korean companies have grown in market size exponentially in the recent years, the profit rate of small and medium sized construction companies (SMCCs) are incomparably lower than those of large construction companies. Furthermore, small and medium size companies, especially subcontractor, lacks the judgement of project involvement appropriateness, which leads to an unpredictable profit rate. Therefore, this research aims to create a profit rate prediction model for the international construction project focusing on SMCCs. First, the factors that influence the profit rate and the area of profit zone are defined by using a total of 8,637 projects since the year 1965. Seconds, an extensive literature review is conducted to derive 10 influencing factors. Multiple regression analysis and corresponding judgement technique are used to derive the weight of each factor. Third, cased based reasoning (CBR) methodology is applied to develop the model for profit rate analysis in the project participation review stage. Using 120 validation data set, the developed model showed 11% (14 data sets) of error rate for type 1 and type 2 error. In utilizing the result, project decision makers are able to make decision based on authentic results instead of intuitive based decisions. The model additionally give guidance to the Korean subcontractors when advancing into the international construction based on the model result that shows the profit distribution and checks in advance for the quality of the project to secure a sound profit in each project.

• Proceedings of the Korean Institute of Industrial Safety Conference
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• 2001.11a
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• pp.186-190
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• 2001

국내의 재건축은 80년대 후반부터 황금알을 낳는 거위로 인식되어 붐을 일으키는 과정에서 공사부실, 분양사기 등 우여곡절을 겪고 또한 경기 부침에 따라 선호도나 경제성에 좌우되는 어려움을 겪어왔다. 정부의 전용면적 18평 이하 저평수 건설의무화로 건설업체의 수익성 악화 우려로 건설기피현상을 보게 되었고, 그 규제가 해제되었다가 다시 20％가 의무화되었다.(중략)

• Journal of the Korea Institute of Building Construction
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• v.15 no.1
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• pp.65-71
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• 2015

This study suggests business strategies by interaction analysis of indicators related construction business and business performance for specialty contractors that provide labor, materials and small sized equipments. To do this research, the data was analyzed for construction orders and business performance indicators of specialty contractors with KRW 7 bil. or more of assets during 1997 through 2010. For specialty contractors that provide labor, materials and smaller sized equipments, the amount of construction orders affects profitability the most and therefore some sort of strategy needs to be established to respond to decrease in operating margin due to dwindling construction orders. In other words, it is determined that increase in the amount of construction orders enhances operation of gross assets as well as the operating margin, ultimately increasing the profitability.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.373-378
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• 2003

Korea's overseas construction industry has been rather depressed by the weakened profitability as well as the sharp decrease of the market shares due to the lack of international competitiveness and the declined international market following the outbreak of Iraq war. There exist a lot of various risks in performing the overseas construction, and especially EPC projects, which entail complicated process from different parts, also require a sophisticated procurement and management skill. Subsequently, to survive in the competitive international market, we need to establish strategies to select potentially profitable projects at the initial stage of bidding process and to mitigate the high degree of risk exposures through contract negotiation and its adjustment. This research provides the profitability evaluation bases, with which overseas construction participants can forecast and analyze the risk more systematically, by eliciting profit-influencing factors from real overseas construction projects and structuring their cause-and-effect relationships. The profitability causal hierarchy structure describes the profitability factors' hierarchy in details and their interrelationships. It also enables us to find out critical factors directly related to profitability aggravation through a qualitative analysis. Ultimately, with this hierarchy structure as the base, the research will suggest how to develop the quantitative profitability forecasting model.

• 월간 기계설비
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• no.8 s.205
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• pp.44-48
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• 2007

금호건설은 지난 1967년 제일토목건축주식회사로 시작, 78년 금호건설로 상호 변경해 지금까지의 이어오고 있다. 토목, 건축은 물론 공항시설과 물류시설, SOC사업을 비롯해 KIDEA공법 등 독자적 기술을 가지고 있는 환경사업분야, 30년 노하우를 지닌 주택사업분야까지 건설 전 분야에서 고도의 기술력을 유지해 온 40년 전통의 10대 건설업체다. 금호건설은 도심공항터미널, 아셈 컨벤션 센터, 인천국제공항, 대전-진주간 고속도로 8공구 등을 건립하면서 국가 기반시설 설립을 주도해왔다. 2002년 3월 국내 하수처리시설 건설 기술인 KIDEA 공법으로 첫 장영실 상을 수상하며 환경분야에서 독자적 위치를 확고히 해왔으며, 2004년 광주신청사, 2006년 전북도청사가 한국건축문화대상을 수상하며 건축물에 있어서도 최고의 시공능력을 인정받아왔다. 내실 있는 기업이 되기 위한 노력을 기울여온 금호건설은 "안정" 과 "도약" 이라는 금호아시아나그룹 경영키워드와 발맞춰 "수익성" 과 "성장성" 모두를 이뤄내며 국내 10대 건설업체의 입지를 확고히 하기위한 금호건설의 행보는 오늘도 이어지고 있다