• Korean Journal of Construction Engineering and Management
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• v.7 no.2 s.30
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• pp.109-117
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• 2006

Recent rapid changes such as construction market reduction, lowest bidding system of construction cost, five days per week system, and post-construction sale system are inevitably accelerating the competitiveness between construction companies. Those rapid changes of construction environment require construction companies, which are main participants of construction industry, to adapt to the changes and more to lead new construction environment. However, there are many construction uncertainties which could delay construction completion. Without the proper identification of construction uncertainties, structured strategy establishment and management of construction schedule, the competitive advantages of construction duration could not be made. Thus this paper limited the research boundary to construction duration competitiveness instead of general strategy establishment. Recognizing the importance of proper calculation of construction duration, requirements of construction duration reduction and limited researches related to construction schedule strategy, we established the 25 strategies for construction duration competitivenss by internal and external construction environment analysis and SWOT analysis, and then elicited the first considerations to accomplish the strategies through concensus of all the staffs by questionnaire, brainstroming and face-to-face interviews.

• Korean Journal of Construction Engineering and Management
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• v.7 no.1 s.29
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• pp.138-147
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• 2006

Construction companies have been interested in the construction duration which importantly affects the performance and the success of the construction projects in accordance with the systemic changes such as five days per week system, introduction of construction duration reduction bidding system and post sale system nowadays. It is also very important to estimate and forecast properly the construction duration as the construction companies compete for the projects in the situation of construction market reduction and the lowest bidding system. Recognizing the importance about the construction duration, the researches about comparing and analyzing or estiamting the construction duration have been performed. However, comparing studies about the construction duraion have been limited to the apartment and office building in domestic area. Many studies about forecasting construction duration have been performed through stochastic analysis and simulations. Little research has been addressed the comparison analysis of the real construction duration about the mix-use building and officetel building which occured according to the changes of the building requirements. Therefore, the objective of this study is to compare and analyze the real construction duration and the hypothetical construction duration about the mix-use building and officetel building of the domestic companies. Moreover, we select the most competitve construction company to get the strengths and analyze the competitive advatages of the construction companies about construction duration.

• Korean Journal of Construction Engineering and Management
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• v.1 no.4 s.4
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• pp.74-81
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• 2000

The duration of construction in the construction works contains non-working days as well as working days. The duration is so relevant to climate that it should be calculated after fully considered about the regional climate in which construction processes. In most construction fields, however, there has been a frequent adjustment of duration because the field supervisor's experiences have decided non-working days indiscriminately without any accurate information about weather. Not only has that done great economic damages, but also caused many problems in interests among construction subject. So, in this study, we will analyse the elements of climate which has influences on the duration and implement the hypothetical weather simulation. By connecting the results of simulation with the duration of construction, we will propose the decision-making support model for the efficient calculation of duration when the field supervisor makes the projects schedule.

• Journal of the Korea Institute of Building Construction
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• v.5 no.4 s.18
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• pp.131-137
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• 2005

Lately Construction industry has been depressing by hard construction market circumstance. Construction company, especial at this time, makes more rationalize the management of inside Company and Construction field. In this study we are to present the method of calculation reasonable duration at Reinforced Concrete Work. For the study first make up a question at field workers, then sampling the Form workers based the question. Second, We are using Work Analysis Method analysing the worker's work-method and Time. And then using the result of analysis, measure the Productivity of Form work. The productivity of Form work is used the basic data of duration at Reinforced Concrete Work

• Proceedings of the Korean Institute of Building Construction Conference
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• 2005.11a
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• pp.149-155
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• 2005

Lately Construction industry depressed by hard construction market condition. So Construction company, especial at this time, make more rationalize the management of inside Company and Construction field. So in this study we are to present the method of calculation reasonable duration at Reinforced Concrete Work. For the study first make up a question at field workers, then sampling the Form workers based the question. Second, We are using Work Analysis Method analysing the worker's work-method and Time. And then using the result of analysis, measure the Productivity of Form work. The productivity of Form work is used the basic data of duration at Reinforced Concrete Work

• Proceedings of the Korean Institute of Building Construction Conference
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• 2023.05a
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• pp.21-22
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• 2023

In reinforced concrete constructions, reinforcing bar generates more CO₂ per unit weight than other construction materials. In particular, cutting and bending rebar is the main source of rebar waste in the construction industry. Rebar-cutting waste is inevitable during the construction of a reinforced concrete structure since the rebar is not manufactured as designed. Large amounts of waste can be avoided by utilizing optimal cutting patterns and schedules. This research provides a fundamental analysis of the automatic calculation of column rebar length using BIM-based shape codes to minimize cutting waste to near zero. By employing this approach in practice, it is possible to minimize the rate of rebar-cutting waste, reduce costs, shorten construction duration, and reduce CO₂ emissions. In addition, the development of this research will serve as a clue for the development of BIM-based rebar layout automation algorithms.

• Journal of the Society of Disaster Information
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• v.9 no.2
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• pp.195-205
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• 2013

Construction Management means a comprehensive plan of given the resources and the operation of the elements to complete the construction within the construction period. The construction period of these shall be determined by calculation based on reliable initial business. However, in actual field, inaccurate task duration is determined to the intuitive judgments of representative, reference of a similar project construction period of the past. As previous studies for the improvement of existing methods, This study presented a standard model that can be utilized in the early stages of construction projects for the TBM method operating by diameter (2.6m, 3.0m, 3.5m, 5.0m, 8.0m), and This study presented and calculated construction period which can estimated quickly the entire outline the construction period Therefore, When performing TBM construction work in the future, the total construction period which presented and analyze by TBM diameter, can be used as a useful material which plan and manage construction contracts, construction estimating, construction planning to the basic planning stage, and the basic design stage.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.19 no.12
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• pp.677-685
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• 2018

In construction, schedule management is the basic but important step, for the effective schedule management, the preparation of the reasonable schedule table should be prioritized. In the design stage, the optimal construction period can be selected through comparison of various conditions and construction methods considering weather conditions and site characteristics. But, At the planning phase, it is difficult to select the effective method and calculate the proper construction period by the basic data(D/B) analysis. In this paper, the construction method considering characteristics of each type and conditions of existing city was selected. For the reasonable duration calculation, we analyzed the unit schedule for RC method for open type and Shield TBM method for tunnel type. The normal project duration of construction assuming of 1,200m of extension and every 200m of ventilation was prepared by integrating each unit schedule. It was analyzed that it took 893 days for the open type and 616 days for the tunnel type. The results of this study will help to make type selection and normal project duration more easily in the planning phase. If it is linked to the design stage, it will be easy to estimate the process and construction cost.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.642-648
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• 2009

Determining the total duration for a construction project is an integral part of project management in the construction industry. This is to ensure the project and all its associated activities can be carried out and completed within the time frame stipulated. There are several commonly used scheduling methods and techniques in project management, some of which involves manual calculation while others involve computer software. This paper looks into the various time determination methods, extracting out their differences and similarities. It also seeks to draw out the problems when determining time for projects, especially those encountered of case studies. Based on the results from the case studies, there were delays on certain projects even though time determination had been carried out rigorously prior to the commencement of the projects. This paper seeks to develop a time determination model, which incorporates risk management techniques into the calculations in order to improve the method for time estimation to minimize the chances of project delay.

• International conference on construction engineering and project management
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• 2013.01a
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• pp.467-474
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• 2013

Construction contactors must continuously seek to improve their cash flows, which reside at the heart of their financial success. They require careful planning, analysis, and optimization to avoid the risk of bankruptcy, remain profitable, and secure long-term growth. Sources of cash include bank loans and retained earnings, which are conceptually similar in that they both incur a cost of capital. Financial management therefore requires accurate yet customizable modeling capabilities that can quantify all expenses, including said cost of capital. However, currently existing cash flow models in construction engineering and management have strongly simplified the manner in which interest is assessed, which may even lead to overstating it at a disadvantage to contractors. The variable nature of cash balances, especially in the early phases of construction projects, contribute to this challenging issue. This research therefore extends a new cash flow model with an accurate interest calculation. It utilizes singularity functions, so called because of their ability to flexibly model changes across any number of different ranges. The interest function is continuous for activity costs of any duration and allows the realistic case that activities may begin between integer time periods, which are often calendar months. Such fractional interest calculation has hitherto been lacking from the literature. It also provides insights into the self-referential behavior of compound interest for variable cash balances. The contribution of this study is twofold; augmenting the corpus of financial analysis theory with a new interest formula, whose strengths include its generic nature and that it can be evaluated at any fractional value of time, and providing construction managers with a tool to help improve and fine-tune the financial performance of their projects.