• Title/Summary/Keyword: Construction Firms

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Development Strategies of Construction Management Firms in Korea (국내 건설관리 업체의 발전전략)

  • Han, Kap Ky;Kim, Sun Kuk
    • KIEAE Journal
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    • v.7 no.4
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    • pp.97-104
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    • 2007
  • Competition among building contractors in the Korean construction environment has been increasing lately, and with the recent conclusion of the FTA between Korea and the United States, further advancement in the systems of construction, bidding and contract awarding is expected to be facilitated in the long term. Considerable changes are also expected particularly in the construction management (CM) market. Given these drastic changes, it has become more noticeable that the role of CM is enlarged in terms of time, cost, quality, risks and others to guarantee the Korean competitiveness against the global construction market. This study analyzed the current status of domestic CM companies via SWOT analysis and, based on such analysis, established development strategies for CM contractors. The strategies proposed in this study will be utilized by CM companies as basic materials in their future strategies in a short, mid and long term perspective respectively for competitive advantages in the market.

A MODEL OF CONSTRUCTION WORKER'S PERCEPTIONS ON ELECTRONIC MONITORING

  • Bill L.P. Lee;Stephen Mak
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.190-195
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    • 2009
  • With the growth of information and communication technologies adoption in construction projects, it could be anticipated that more property owners and construction firms will attempt to use electronic gears and gadgets for site monitoring or surveillance purposes. As the construction workers may be the major group of project team members being monitored, from managerial perspectives and for ethical reasons, it is essential to investigate their degree of acceptance on site monitoring systems. Indeed studies on office workplace monitoring suggest that a monitoring system could shape or control the behaviors of employees. With adequate refinements, their research models could be applicable in the construction industry. This paper presents a model for analyzing the antecedences that affect workers' acceptance level on electronic monitoring, and investigating if there is any behavioral change.

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Crafting an Automated Algorithm for Estimating the Quantity of Beam Rebar

  • Widjaja, Daniel Darma;Kim, Do-Yeong;Kim, Sunkuk
    • Journal of the Korea Institute of Building Construction
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    • v.23 no.4
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    • pp.485-496
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    • 2023
  • Precise construction cost estimation is paramount to determining the total construction expense of a project prior to the initiation of the construction phase. Despite this, manual quantification and cost estimation methods, which continue to be widely used, may result in imprecise estimation and subsequent financial loss. Given the fast-paced and efficiency-demanding nature of the construction industry, trustworthy quantity and cost estimation is essential. To mitigate these obstacles, this research is focused on establishing an automated quantity estimation algorithm, particularly designed for the main rebar of beams which are recognized for their complicated reinforcement configurations. The exact quantity derived from the proposed algorithm is compared to the manually approximated quantity, reflecting a variance of 10.27%. As a result, significant errors and impending financial loss can be averted. The implementation of the findings from this research holds the potential to significantly assist construction firms in quickly and accurately estimating rebar quantities while adhering strictly to applicable specifications and regulatory requirements.

A COST-BENEFIT ANALYSIS OF INTEGRATING ERP SYSTEMS WITH PROJECT MANAGEMENT SYSTEMS IN CONSTRUCTION

  • BooYoung Chung;Miroslaw J. Skibniewski
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.575-586
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    • 2005
  • This paper presents an approach to quantifying the costs and benefits of integrating ERP systems with project management systems, including potential time and cost savings. To properly identify the costs and the benefits, the paper shows the relevant construction information flows and the desired milestones in the integration process. The proposed benefit analysis model should allow construction firms considering the integration of their ERP systems with legacy systems or commercial project management software make informed decisions in regard to the existing alternatives in the early stages of decision making.

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A PRACTICAL HUMAN RESOURCE MANAGEMENT PLAN FOR FOREIGN CONSTRUCTION WORKERS

  • Seung-Heon Han;Eui-Jae Jin;Sang-Hyuk Park
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.1216-1222
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    • 2005
  • A shortage of construction field workers has been a serious problem, both in the developed and in the developing countries. As a solution for conquering this problem, these countries import foreign laborers from nearby less-developed countries. While this contributes to lessening the labor deficiency, foreign workers are relatively inefficient in productivity and are often exposed to the cross-cultural risks due to cultural differences, communication difficulties, different work ethics and customs, etc. Despite these facts, construction firms do not well address these issues and are lagged in establishing an appropriate management strategy against it. This paper presents a practical management plan for foreign construction workers through Focus Group Interviews (FGI) and survey investigation. On this basis, this study examines the level of awareness and important managerial aspects of the issue of foreign laborers. Finally, it suggests a cross-cultural and ready-to-use practical human resource management plan for facilitating the foreign worker's productivity.

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A Multilevel Project-Oriented Risk-Mining Framework for Overseas Construction Projects

  • Son, JeongWook;Lee, JeeHee;Yi, June-Seong
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.39-40
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    • 2015
  • As international construction market increases, the importance of risk management in international construction project is emphasized. Unfortunately, current risk management practice does not sufficiently deal with project risks. Although a lot of risk analysis techniques have been introduced, most of them focus on project's external unexpected risks such as country conditions and owner's financial standing. However, because those external risks are difficult to manage and take preemptive action, we need to concentrate on project inherent risks. Based on this premise, this paper proposes a project-oriented risk mining approach which could detect and extract project risk factors automatically before they are materialized. This study presents a methodology regarding how to extract potential risks which exist in owner's project requirements and project tender documents using state of the art data analysis method such as text mining. The project-oriented risk mining approach is expected to effectively reflect project characteristics to the project risk management and could provide construction firms with valuable business intelligence.

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Analyzing Dynamics of Korean Housing Market Using Causal Loop Structures (주택시장의 동태성 분석을 위한 시스템 사고의 적용에 관한 연구 - 인과순환지도를 중심으로 -)

  • Shin Hye-Sung;Sohn Jeong-Rak;Kim Jae-Jun
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.3 s.25
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    • pp.144-155
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    • 2005
  • Since 1950s, the Korean housing market has continually experienced the chronicle lack of housing stock because of lower housing investment in comparison with a population explosion, prompt urbanization and rapid restructuring of family. The Korean housing market have thus been driven not by the pricing model by housing demand-supply chain but by the Korean housing policies focusing on the increase of housing supply and the living stability of the middle or low-income bracket. After all, repetitive economic vicious circle of housing price and the increase of unsold apartments aggravated the malfunction of the Korean housing market. Meanwhile, the Korean construction firms have exacerbated their profitability. Such terrible situations are mainly triggered by the Korean construction firms that weighed on the short-term profits and quick response of the government policy alterations rather than the prospect of housing market Therefore, this research focusing on the dynamics of housing market identified and classified the demand and supply elements that consist not only of housing system structures but also of the environmental elements that affect the structures. Based on the system thinking and traditional theory of consumer's choice, the interactions of these elements were constructed as a causal loop diagram that explains the mutual influences among housing subsystems with feedback loops. This paper describes and discusses about the causes of the dynamic changes in the Korean housing market. This study would help housing suppliers, including housing developers, construction firms, etc., to form a more comprehensive understanding on the fundamental issues that constitute the Korean housing market and thereby increasing their long term as well as minimizing the risk involved in the housing supply businesses.

A study on the Analysis of Building Information Modeling Factors of Construction Firms Using an Analytic Hierarchy Process (계층분석법을 이용한 BIM(Building Information Modeling)이 건설사에 미치는 영향요인 분석에 관한 연구)

  • Shim, Jin Kyu;Yi, Hye In;Kim, Jae Jun
    • KIEAE Journal
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    • v.10 no.4
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    • pp.123-130
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    • 2010
  • A lot of construction companies in overseas markets of construction try to change 2D CAD to 3D CAD for improving business ability and change to Building Information Modeling(BIM) for integrating information produced from construction life cycle. In America, GSA(General Service Administration) requires a design drawing planed by BIM and in Singapore and Europe, the government encourages architectures to use this tool. Recently in the domestic market, many organizations related construction industry are aware of importance of 3D CAD integrated information, and try to use BIM. Therefore, this research would analyze how does BIM affect construction industry and derive influence factors and provide basic data for using BIM.

Analysis of the CM Industry Based on Owner Type : 1997 to 2013 Statistics (발주자 유형별 CM산업 수주실적 분석 : 1997~2013년 실적자료)

  • Ha, Jiwon;Kang, Seunghee;Jung, Youngsoo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2015.05a
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    • pp.209-210
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    • 2015
  • Since CM policies established in 1996, contracts of CM services are continuously increasing over the past years. As constant improvement of positive awareness about public/private owners and CM capabilities of domestic construction companies, a number of efforts were being made to acquire competitiveness of domestic and overseas CM market. However, there has been lack of quantitative and comprehensive research to investigate CM firms. The purpose of this research is to statistically analyze total of 2,983 CM service contracts over the past 16 years published in KISCON (Knowledge Information System of Construction Industry) in order to examine CM owner type.

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Small Unmanned Aerial System (SUAS) for Automating Concrete Crack Monitoring: Initial Development

  • Kang, Julian;Lho, B.C.;Kim, J.W.;Nam, S.H.
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.310-312
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    • 2015
  • Small Unmanned Aerial Systems (SUAS) have been gaining a special attention in the U.S. recently because it is capable of getting aerial footages conveniently and cost effectively, but also because of its potential threat to the safety of our society. Regarding the benefits, one can easily find successful cases. For example, remote controlled or pre-programmed unmanned aircraft help ranch owners monitor their livestocks or crop harvesting status cost-effectively without having to hire human pilots. The professionals in the construction industry also acknowledge the benefits they could gain from using SUAS. Some firms already use a small unmanned aircraft for monitoring their construction activities, which may help project managers figure out construction progress, resolve disputes in real time, and make proactive decisions for quality control. However, there are many technical challenges that my hinder the use of small unmanned aircraft in the construction industry. This paper explores opportunities and challenges in using unmanned aircraft to monitor concrete cracks on the surface of containment building in the nuclear power plant.

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