• Korean Journal of Construction Engineering and Management
• /
• v.3 no.3 s.11
• /
• pp.49-57
• /
• 2002

This paper describes the second stage of the work aiming at proposing a reasonable risk management response system for construction safety. By means of questionnaires/interviews and two sample t-tests, significant risk factors are identified for three different conditions. Then a Case-Based Reasoning System is built for use at construction sites to simulate possible accidents. This Construction Management Reasoning System(CMRS) nay be used by safety managers at sites every day (or education and training of workers to prevent accidents. The case base built so far is limited to the construction of expressway bridges. There is much need for further research since the simulation of possible accidents is to be a good means to enhance safety awareness of construction workers.

• Korean Journal of Construction Engineering and Management
• /
• v.18 no.3
• /
• pp.105-116
• /
• 2017

In recent years, large Korean construction companies have suffered serious losses in their overseas business. Many practitioners and researchers have analyzed causes of cost overrun in these projects. However, these arguments have not been empirically verified based on acutal project cases. This study investigated cost overrun rate, contingency, allowance, predicted risk before bidding, and actual and residual risk after award in the 67 international infrastructure projects conducted by 13 large construction companies. The causes of cost overruns are derived as follows. First, they identified the possibility of cost overrun to some extent before the bidding, but did not reflect the enough risk money to bid price. In particular, this behavior was more severe in badly cost-overrun projects. Second, the causes of cost overrun were more influenced by external environmental risk than internal capability risk. However, the internal risk in badly cost-overrun projects was relatively high compared to cost-underrun projects. Third, badly cost-overrun projects failed to mitigate risk. However, cost underrun projects were affected more by low exterior risk conditions than by well mitigated risk. This study provides more informed knowledge in controlling project costs in international infrastructure projects.

• Korean Journal of Construction Engineering and Management
• /
• v.11 no.2
• /
• pp.25-34
• /
• 2010

The building construction projects include a variety of risk factors due to uncertainties. To succeed in the projects, it is important how risks are managed. Risk management is composed of identification, analysis and response. Especially, the risk analysis is important to objectively calculate significance of risk factors. This paper evaluates a method to find priorities of risks using the AHP(Analytic Hierarchy Process). The method has some defects; (1) the consistency becomes weak as the number of pair-wise compared risks is large, and (2) the input and output procedures are complex when risks are added to or removed from a risk database. Thus the paper adopts the PROMETHEE(Preference Ranking Organization METHod Enrichment Evaluations) analysis process which is able to overcome the limitation of the AHP restricted to 9 risk factors. The PROMETHEE makes the procedure of risk analysis simple, when the risk factors pull out and put in the risk database. The purpose of this study is to provide process of risk analysis to use the PROMETHEE.

• Korean Journal of Construction Engineering and Management
• /
• v.4 no.4 s.16
• /
• pp.201-211
• /
• 2003

Considering about construction projects characteristics, there Is an existing uncertainty which causes inaccuracy or invalidity under decision making situation. Therefore, cost risk analysis of numerous construction projects are Inclined to depend on expert's experiences and subjective judgements. In Korean domestic construction works, however, there is no reasonable method or process for applying subjective elements. Only probabilistic analysis using objective calculation are being used now. This research suggests a cost risk analysis method to analyze quantitatively Cost Impact by risk, and it appraises expert's subjective elements for the purpose of enhancing validity of cost estimation. Moreover, a new cost risk analysis method is introduced for providing convenient user interface in practical business.

• KSCE Journal of Civil and Environmental Engineering Research
• /
• v.30 no.4D
• /
• pp.423-432
• /
• 2010

This study suggested CRMS (construction risk management system) which is a new risk analysis model after analyzing existing risk management process for to guarantee a successful performance at the construction planning and work phase. CRMS is risk management procedures in order that the contractor identify, analyze and administrate the risk during performing construction project. This model may give much help to quantify and be ready the right managing methods about identified risk by the contractor. Especially, the most important and difficult things of all risk management may be to identify risk in the project. This study make more focusing on the developing a procedure that can identify risk more easily in the construction project. The risk is divided into global risk and local risk of a project. Also, this study suggests methods which are using the RBS (risk breakdown structure) related with WBS. This result will be useful as basic materials for developing computerizing system for risk management.

• Korean Journal of Construction Engineering and Management
• /
• v.19 no.5
• /
• pp.22-31
• /
• 2018

Due to the inherent risk factors of the remodeling projects, the remodeling project is failing frequently, and schedule delay are occurring in most remodeling projects. The risk factors that cause the delays in these remodeling projects are not common to all remodeling projects, and the likelihood of risk factors will be affected by the various characteristics of the project. In this context, based on the results of a reliable survey conducted on 29 construction managers who have performed remodeling projects, this research analyzes (1) "importance of each characteristic", which means how frequently the characteristics of the remodeling project affect the occurrence of risk factors, (2) "the likelihood of delay risk factors for remodeling projects", which assesses which risk factors are most likely to occur, and 3) "the level of effect of project characteristics that affects the occurrence of each risk factor." Through this study, the relationship between various characteristics of the office building remodeling projects and the delay risk factors was analyzed in various aspects, in further, it is expected that the owner planning the remodeling will be able to grasp the delay risk that is likely to occur according to the characteristics of the project in advance.

• Proceedings of the Korean Institute Of Construction Engineering and Management
• /
• 2004.11a
• /
• pp.457-461
• /
• 2004

The insufficient management o( the risk of preconstruction phase causes the risk of construction phase so it makes bad effects such as the extension of construction time and raising of cost. Therefore, the management of the risk of preconstruction phase is being considered as an important element of success of project and the competitive power of construction companies. This study Is to suggest solution methods for each progress after examining reasons of the risk for the management of the risk of preconstruction phase 1'he progress is limited as earth work, RC work, steel work and curtain wall work. Through the introduction of Knowledge Management system, work flow is made by specialist of each part. The reasons of the risk of progress are chosen through the analysis of work flow and I suggest detailed solutions such as person in charge, the starting point of progress and the information of requirements according to the grade of importance about elements of the risk

• Korean Journal of Construction Engineering and Management
• /
• v.20 no.5
• /
• pp.125-136
• /
• 2019

This study investigated checked risk level before bid, actual risk level after award, contingency, and cost growth rate in the 124 international construction projects executed by Korean major companies. This study conducted comparative analysis by product type using rank analysis, ANOVA and correlation analysis. As a result, plant and civil projects have worse risk level than architecture projects not only in before bid but also in after award. Especially, country risk is the worst risk in both plant and civil projects, followed by project risk and capability risk. Also, although plant and civil projects reflect more contingency than architecture projects, contingency is not correlated with the checked risk level before bid. Lastly, the cost growth rate is correlated with the actual risk level in all product types. This study is expected to support in planning better practical risk management for international construction projects.

• Journal of the Korea Construction Safety Engineering Association
• /
• s.33
• /
• pp.62-75
• /
• 2005

건설 프로젝트 관리의 주요한 목표는 계획된 시간 내에, 정해진 예산으로 규정된 목표(명세 또는 품질)를 확보하는 것이다. 국내 건설 산업은 타 산업 분야에 비하여 생산성이 매우 낮은 편이다. 이는 60년대 이후 급속한 개발 정책에 따른 부작용의 하나로, 하드웨어의 급속한 성장에 비하여 이를 관리하기 위한 소프트웨어의 개발이 부족했기 때문으로 풀이할 수 있다. 이에 본 연구에서는 건설 프로젝트의 생산성을 향상시키기 위한 노력의 일환으로 계획 단계에서의 실행과 완성 단계에서의 실행을 비교하여 이를 작업일보, 감독일지 등의 진도관리 자료를 활용하여 분석하여 건설 프로젝트의 실제적인 생산성 저하 요인을 도출하였다. 따라서 본 연구 결과는 현행 국내의 건설 프로젝트에 대한 사례분석을 통하여 실제적인 생산성 저하 요인을 분석한 것인 만큼 향후 건설 관리 기술의 향상에 많은 도움을 줄 수 있을 것으로 기대된다.

• Korean Journal of Construction Engineering and Management
• /
• v.9 no.4
• /
• pp.101-110
• /
• 2008

In order to achieve the best performance of a project, uncertainties involved in the building construction process need to be identified in the planning phase of the project. Risk management plays a significant role in construction to minimize risk occurred due to uncertainties of a project. Although the importance of the risk management has been known to the construction industry, a more effective system should be developed to meet the demands of the industry. The purpose of this study is to develop the effective risk management system for scheduling the construction processes. The study provides a tool that can optimize the management system which would assist managers to identify schedule risks in the planning phase of the project.