• Title/Summary/Keyword: CM Firms

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Direction and Strategy of Experts-Knowledge Management System Development for Enhancing CM Services (CM업무 고도화를 위한 전문가 지식관리 시스템 개발 방향 및 전략)

  • Kim, Sun-Kuk;Kim, Ah-Young
    • KIEAE Journal
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    • v.7 no.2
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    • pp.63-70
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    • 2007
  • Construction managers who are placed on the top of the construction production organization should exhibit its best knowledges concerning all aspects and control related members at every position properly. In case of CM firms in developed countries, they are equipped with a practical system of technology and management knowledge, and efficiently use the knowledge not only for novices but also experts. However, the domestic CM firms which are now at the lower level than those in developed country are not supported with the sufficient and systematic knowledge for CM tasks due to various reasons. Therefore, the objective of this study is to suggest the direction and strategy for the development of an experts-knowledge management system to enhance the construction productivity at the viewpoint of CM firms which conduct, manage and supervise various tasks of construction projects. Domestic CM firms would play a great role to enhance productivity and secure competitive advantage of project management as much as the firms in developed countries if experts-knowledge and information are supported by a computerized system.

A Study on Elements of CM Firms' Competitive Strategy (경쟁전략요소에 대한 CM기업의 인식에 관한 연구)

  • Baek, Seung-Ryong;Kim, Han Soo
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.5
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    • pp.122-130
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    • 2013
  • As the level of competition has increased in the construction management market, it becomes a critical issue for CM firms to secure competitive edges. The objective of the study is to investigate elements of competitive strategy as perceived by CM firms and to discuss key features and implications. Michael Porter's Competitive Strategy Model was used as a framework to analyse the elements under three strategy categories. A major finding includes that Differentiation Strategy is generally perceived most important strategy category but, depending on the group to which a CM firm belongs, there exist a gap in the perception. However, regardless of the group, Cost Leadership is commonly considered least important strategy category. In particular, lowest-bidding strategy element showed the least importance. Understanding CM firms' perceptions on elements of competitive strategy provides an insight into CM firms' current strategy directions and can be useful for future tuning in a firms' own strategy.

Perception and Evaluation of Construction Management Firms toward Government Policies for Construction Management (CM정책에 대한 CM기업의 인식과 평가에 관한 연구)

  • Jo, You Gyeong;Kim, Han Soo
    • Korean Journal of Construction Engineering and Management
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    • v.15 no.1
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    • pp.62-69
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    • 2014
  • Since a government policy greatly affects markets and firms, an evaluation on government's policies is recognized as a critical issue. In Korea, two major policy plans on CM(Construction Management) include the Construction Industry Promotion Plan and the Construction Technology Promotion Plan from which Government's CM policies can be understood. The objective of the study is to analyze and discuss CM firm's perception and evaluation toward the Government's CM policies of the two plans based on the Gap analysis. The paper identified that the CM firms perceive that the Government's CM policies properly deal with key issues of the industry. However, they evaluate that the execution of the policies has been overall under-performed. As a way forward, the Government needs to improve on the execution plan and performance measurement rather than to develop new policy agenda.

Identification of Core Competencies of Construction Managers (CM단장 핵심역량 발굴에 관한 연구)

  • Kim, Dong-Hee;Kim, Han-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.12 no.6
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    • pp.93-100
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    • 2011
  • As the construction management(CM) market has grown, so has the CM competition in the market place. Consequently, competent construction managers become a core part of CM firms' competitiveness. The objective of the study is to identify and discuss core competencies of construction mangers based on literature survey, Delphi Method and AHP. Among various competencies required for construction managers, skills for problem solving, trust and negotiation skills were identified as the crux of construction managers' competencies. A better understanding of construction managers' core competencies is very critical in terms of CM firms' training of construction managers and continuos self-improvement for construction managers.

Characteristics of Marketing Strategies and Methods in CM Service Commodity (CM서비스 상품 관리 전략 및 방법의 특징에 관한 연구)

  • Song, Yeon-Joo;Park, Ji-Chul;Kim, Han-Soo
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.487-490
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    • 2007
  • Even though the domestic CM market has expanded in size continually since 2000, concerns of obstacles for vitalizing CM market have risen. A critical concern is clients' low recognition and motivation to make use of CM services. In this situation, it is important for CM firms to actively promote their marketing activities. The objective of this paper is to identify major characteristics of CM firms' marketing strategies and methods in relation to the management of CM service as a commodity.

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Analyzing the Engagement of Professional Construction Managers in Construction Management firm and Its Improvement Measures (CM 전문회사 단장 활용실태 및 개선방안)

  • Son, Chang-Baek;Huh, Young-Ki;Lee, Dong-Eun
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.2
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    • pp.87-95
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    • 2013
  • The number of construction management firms has been increased as construction management delivery system has been active in Korean construction market. the capability of leading construction management professional, who is responsible for managing project administration, is important for commissioning construction management contracts. The quality of project proposal and the capability of leading construction management professional, which are assessed by the board of contract awarding committee, are the major contributors for commissioning the public construction management projects administered by the Korean public procurement service for contracting. Therefore, employing a very competent leading construction management professional is the critical strategy for awarding contract to the construction management firms' part. That is why the firms should secure a fixed number of leading construction management professional in a waiting list to proceed the contract commissioning process for expectant candidate projects, even if there is no project assignable to the leading construction management professionals. However, a measure that makes effectively use of the leading construction management professional in a waiting list has not been systematically implemented in the firms. In turn, the firm suffers considerable loss in a project personnel supply and demand plan. Expert opinions were obtained by the survey questionaries administered to top management of the construction management firms which are engaged in the construction management contracts for commissioning the public construction management projects administered by the Korean public procurement service either as principal or co-principal deliverer. This paper presents the findings obtained by investigating the actual employment state of the leading construction management professional in the waiting list and by analyzing the issues involved in mobilizing and demobilizing them. It contributes to implement a practical guide for searching effective solutions to the issues.

A Study on the Investigation into Obstacles in Overseas CM Projects (해외 CM사업의 애로요인 분석에 관한 연구)

  • Kim, Jae-Hee;Kim, Han Soo
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.5
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    • pp.113-121
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    • 2013
  • An expansion into the global market increasingly becomes a buzz world among Construction Management(CM) firms in Korea. The objective of this study is to identify potential obstacles and investigate their nature and implications to CM firms in Korea. The study identified 25 obstacles under 5 categories. Base on a questionnaire survey and interviews with CM experts who have global CM projects experience, the study discusses that while there exist various types of obstacles, a more attention needs to be paid for a small number of major obstacles to minimine risks in overseas CM projects. It also suggests that improving pre-construction management competency through securing CM experts should be listed as a top agenda for Korean CM firms.

A Study of Construction Management Professionals' Vocational Ethics (CM전문가의 직업윤리에 관한 연구)

  • Kim, Seung-Jin;Kwun, Joon-Bum;Lee, Jae-Wook;Kim, Han-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.13 no.3
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    • pp.89-98
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    • 2012
  • The growth of CM(construction management) market poses business opportunities and challenges to improve vocational ethics of CM professionals and firms. Ensuring the vocational ethics of CM professionals is an important issue not only for individual CM professional but also CM firms and CM industry in general. The objective of the study is to investigate relationships between the importance and performance of CM professionals' vocational ethics and discuss key characteristics and implications. The IPA(Importance-Performance Analysis) technique is used as a research tool. Findings show that quality CM service and competencies are the core of CM professionals' vocational ethics. But there exists a gap between importance and performance of CM professionals' vocational ethics.

Growth Model for Korean CM Firms based on 2012 Statistics (CM기업의 단계별 발전 전략 모델: 2012년 실적자료 기반 분석)

  • Jung, Youngsoo;Shin, Dongwoo;Kang, Seunghee;Kim, Namjoon
    • Korean Journal of Construction Engineering and Management
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    • v.15 no.6
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    • pp.92-104
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    • 2014
  • CM services have been increasingly practiced over the two decades in the Korean construction industry, and recent efforts focus on further development in advanced CM capabilities and expansion to overseas market. However, there has been lack of holistic research to investigate current status and future direction of CM industry in Korea. In this context, the purposes of this study are 1) to analyze current status of Korean CM industry in terms of owners, market, CM firms, contracts, and work scopes, 2) to define different types of CM practices, and 3) to propose growth models for Korean CM firms based on the defined CM project types. An extensive literature review and statistical analysis of 2012 CM contracts were performed in order to analyze the CM status. Based on the analyses, ten different CM types are defined, and growth paths of CM firms are illustrated. Implications and lessons learned during the statistical analysis and workshops are briefly introduced as well.

Barriers of CM Performance during Pre-Construction Stages in Private CM Projects (민간 CM사업 시공이전단계 CM성과 저해요인 분석)

  • Han, Jae Hoon;Kim, Han Soo
    • Korean Journal of Construction Engineering and Management
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    • v.18 no.4
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    • pp.17-26
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    • 2017
  • The sustainable growth of Construction Management(CM) market depends on clients'acceptance from positive project outcomes of CM services. Achieving the positive outcomes requires CM firms'competency and efforts. Equally, it is critical to understand and overcome barriers of CM performance, which cause inefficiencies and under-performance of CM services. The objective of the study is to identify and discuss the barriers of CM performance during pre-construction stages in private CM projects based on the FMEA technique. Major findings basically suggest that clients and CM firms have roles to play, individually and collaboratively, in order to improve CM performance by eliminating performance barriers.