• Title/Summary/Keyword: Construction Economy

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Selection of Frontier Green Construction Product

  • Hyounseung Jang;Seokin Choi;Boknam Lee;Wooyoung Kim;Chulki Chang;Younghwan Lee
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1426-1432
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    • 2009
  • Green growth is summarized as the national growth strategies to enhance the quality of life as a whole by converting not only the lifestyle but the economic and industrial structures into the low carbon and eco-friendly environments with the green growth industries with low carbon as the momentum for new growth, based on green technologies including renewable energy technologies, energy and resource efficient technologies, converging technologies related to technologies to reduce the environmental pollution. Roles of the construction industry along with other industries are very important in securing justifications for the cooperation between our government and industries for challenges to this green growth as well. The national effects of economy are very large from leading the construction industry to the green construction from the national level. Accordingly, this study suggested responsive plans for both government and companies for the activation of green construction by selecting 15 frontier green construction products and analyzing them by the type of strategy in Korea, as well as analyzing recent trends of overseas green construction.

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PROGRAM MANAGEMENT STRATEGY FOR THE MaCC PROJECT

  • Boknam Lee;Wooyoung Kim;Seokin Choi;Hyounseung Jang;Bonsang Koo
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1582-1590
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    • 2009
  • In 2006, Korean Government decided to relocate the several Government bodies and public institutes. They include total of 49 central Government agencies, semi-government agencies, and 17 national research institutes. The completion of the relocation program has been set to be final in 2030. The target population for the city plan is set to be 500,000. The goal of MAC is first to complete the first phase of the program by 2014 within the budget. In order to achieve the goal, considerable time has been spent to properly establish the program management system. The success of MAC's Multi-function Program Administration System is too early to determine as it is still in progressive. The success depends on the operations not the development.

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Preliminary study on effectiveness of business improvement applying the method of process management for small construction company (지역중소건설업체의 프로세스관리를 통한 업무개선효과에 대한 기초연구)

  • Kim, Ki-Deok;Lim, Hyung-Cheol
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.05a
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    • pp.315-316
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    • 2012
  • The construction industry in the local areas business as the archetypal local one is effectuating industrial production, create employment and so on to perform a significant part in keeping local economy also reviving sluggish economy. The construction stagnation in market may cause severe economic depression in local which leads to having a crippling impact on local constructive industry, in terms of the phenomenon is on the interrelation between the local construction industry and local economy, with regard to local economy which is not covered by firm based industries is wield strong influenced over by construction industry. The object of this study is to research possible improvement factors on the preferential basis by only companies' efforts, therefore the policy of government or local self-governing body in support may be unnecessarily involved after grasping faced practical problems at regional construction companies from analysing the present condition of local construction marketplace and companies.

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THE SUCCESS FACTORS OF PARTNERING IN THE SOUTH KOREA PM&CM MARKET

  • Bok-Nam Lee;Hyoun-Seung Jang;Seok-In Choi
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.737-743
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    • 2005
  • Since the designation of the South Korean Construction industry as an open market industry by the World Trade Organization (WTO) in 1994, South Korea's construction firms were exposed to competition from firms of other advanced countries. Increased competition in the industry raised quality of production and lowered the cost of construction projects. Therefore, many big construction projects were planned and constructed with foreign construction partners during the last decade. Also, from those projects the South Korea Construction industry accumulated experience in and knowledge of both project management and construction management perspectives. However, in the process of conducting those big projects, many problems - specifically responsibility and the limit of competence - occurred between foreign construction partners. Hence, this study attempts to improve its role model that is for local and foreign companies to enter into Joint Ventures in the South Korea construction industry.

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MODELLING HONG KONG RESIDENTIAL CONSTRUCTION DEMAND: EXPERIENCES GAINED AND THEIR IMPLICATIONS

  • Ryan Y.C. Fan;S. Thomas Ng;James M.W. Wong
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.425-432
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    • 2009
  • The construction industry has been a main pillar and serves as a regulator of the Hong Kong economy. Subsequently, the fluctuations in the level of construction output can induce significant rippling effects to the economy. The Asian Financial Crisis started in 1997 and the SARS outbreak in 2003 both introduced major challenges and impacts to the Hong Kong economy and consequently the construction sector. Such decline in the importance of construction has suggested a possible structural change in the sector. It is worth investigating the driving forces behind the construction demand and see if they have changed after the heavy impacts in the past decade. The above considerations have, therefore, been the motivation of the present study to model the Hong Kong residential construction demand through multiple regression technique which can identify the significant influencing factors to the residential demand. The residential construction is studied as it constitutes a significant portion of the total construction volume. The residential sector has great influence to the general economy of Hong Kong. It is found that the underlying market structure and the driving factors for Hong Kong residential demand before and after the Asian Economic Crisis and SARS outbreak are different, suggesting that the residential construction sector or even the larger construction industry may have undergone a major structural change as Hong Kong's economy approaches maturity. It is also observed that the past literatures on construction demand are mostly focusing on predicting demand under a stable economic environment. Hence, it is worth examining if it is possible to model during economic hardship when the residential sector fluctuate dramatically under different external impacts, such as the recent global financial tsunami.

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Development of A Computerized Risk Management System for International EPCS Projects

  • Yoo, Wi Sung;Kim, Woo-young;Sung, Yookyung
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.614-615
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    • 2015
  • In these days, global construction market is speedily increasing and domestic construction companies have a chance of new contracts. In the meantime, international projects have been increasingly forced to cope with potential risks, which seriously impacted achieving the targeted time and cost. In this study, we introduce a computerized risk management system for international EPCS projects, which is constructed on the needs of practitioners and decision makers as an aid to proactively control the potential risks and to monitor continuously their status and variation. The system is called the Project Risk Management System (PRiMS) is useful for furnishing project managers with warning signals as a project is progressing and helpful for producing the total risk score and tracking risk variation.

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The Relationship between Korean Construction Industry and GDP in Economic Development Process (한국경제성장과정의 건설산업과 GDP의 관계 분석)

  • Choi, Dal-Sik;Le, Hoai;Lee, Young-Dai
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.6
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    • pp.70-77
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    • 2013
  • Construction industry is broadly agreed as one of the most important sectors of any economy around the world. In this paper, time series data of Korean construction industry and Korean economy are examined. The Bon's proposition will be inspected for Korean context using both cross-sectional and longitudinal analyses. The analysis of the longer than four decades national account statistic of the Korean macro economy verify Bon's proposition of an inverted U-shaped relationships. The verified U-shaped relationships for Korean context exist not only in terms of the construction share in total GDP but also in terms of total construction volume as an economy develops from LDC to NIC and then to AIC eventually with time. The results of the thesis show that the contribution towards the macro economy has varied across different stages of development.

Empirical Examination of Determinants Affecting Safety Incidents in Building Construction (건축공사 안전사고에 대한 현장 요인별 영향력 분석)

  • Hur, Youn-Kyoung;Lee, Seung-Woo;Yoo, Wi-Sung;Song, Tae-Geun
    • Journal of the Korea Institute of Building Construction
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    • v.23 no.5
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    • pp.583-593
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    • 2023
  • For a holistic and precise assessment of safety benchmarks within a construction venture, it's paramount to delineate between the intrinsic features of the construction and its real-time, on-site performance metrics. In this study, we delved into genuine accident instances to discern the interplay between these construction attributes and on-ground performance determinants in relation to safety mishaps, employing the binomial logit analytical framework. Our scrutiny underscored that construction expenditure profoundly modulates the likelihood of fatal occurrences. Notably, variables pertinent to on-site safety protocols wielded considerable influence over both fatal mishaps and accidents implicating multiple personnel. These revelations intimate that while ascertaining the safety quotient of a construction initiative, a mere classification and recalibration based on fiscal dimensions can elucidate much. Yet, a comprehensive safety appraisal necessitates transcending quantitative indices, such as frequency of mishaps or casualty rates, to encapsulate the multifaceted interventions and strategies adopted at the construction locale.

Light Emotion Friendly Concrete With Transparent Materials (투명재료를 이용한 빛 감성 친화형 콘크리트)

  • Kim, Byoungil
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2015.05a
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    • pp.40-41
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    • 2015
  • The purpose of this study is to develop advaced furture type of concrete which utilizes transpart plastic types of fiber replacing previously used high price optical fiber and porous type of steel mold to induce its mass production. New type of concrete solved problems of construction and economy can make it easily their application to construction market.

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Development and Evaluation of Fixation Equipment for Transporting Unit Modules

  • Park, Su-Yeul;Kim, Kyoon-Tai;Park, Nam-Cheon
    • Journal of the Korea Institute of Building Construction
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    • v.13 no.6
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    • pp.609-618
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    • 2013
  • The unit modular construction system is a building technique in which unit modules are manufactured at a factory and then assembled at the construction site. It has many benefits, including reduction of the construction period and improvement in quality. For this reason, it is utilized for various purposes in Japan and England. While it has been introduced in Korea, there have been few Korean studies conducted on the unit modular system. In particular, little research has been done on the method of safely fixating the unit modules to a truck. Therefore, this study reviewed the fixation methods of unit modules for transport, analyzed the problems, and designed a fixation device for unit modules. In addition, a device for the fixation of unit modules to a truck was developed, and a structural simulation was implemented for a safety test by considering the maximum stress generated during the transport of the unit modules fixed on a truck. When the device for the fixation of unit modules is manufactured based on the results of the structural simulation done in this study, it is expected to aid the development of a more practical fixation device for unit modules.