• Title/Summary/Keyword: Construction-phase Risk

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Analysis of Construction-phase Risk Factors for SMEs' Advance into the Overseas Plant Construction Projects

  • Park, Moonsun;Lee, Kyosun
    • International conference on construction engineering and project management
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    • 2017.10a
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    • pp.328-331
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    • 2017
  • The purpose of this study is to derive construction-phase risk factors in SMEs' advance into overseas plant construction projects. For this, construction-phase risk factors were investigated on the basis of the analysis of Korean construction companies, overseas plant industry-related research institutes, and overseas data. In addition, major risk factors were derived from the investigated construction-phase risk factors, and quantitative risk factors and qualitative risk factors were analyzed and derived from these major risk factors, by the use of three rounds of the Delphi analysis.

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An Extraction of the Risk Events in the Construction Planning Phase (건설기획단계에서의 위험요인 도출)

  • Kwon, Soon-O;Kim, Seon-Gyoo;Lee, Nak-Woon
    • Journal of Industrial Technology
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    • v.25 no.B
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    • pp.99-106
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    • 2005
  • The planning phase of construction project success or failure of the enterprise decision the 1st dangerous duration which occurs very there is a possibility of making with the phase which is important, of construction project in life cycle most many risk. But the risk management from planning phase well does not become accomplished is the actual condition from existing construction project. Consequently, it classifies the risk event from project initial planning phase of construction project from this study which probably is substantial risk event the possibility of accomplishing from a planning phase successfully in order to be.

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A Study on the Analysis of the Risk Factors for Overseas Plant Construction Projects (해외 화공플랜트 건설사업 위험요인 영향도 분석)

  • Cho, Seung-Yeon;Kim, Young-Su
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2010.05b
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    • pp.103-108
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    • 2010
  • The purpose of this study is to analyze of the risk factors for oversea plants construction projects. For this study, risk factors data from related literature review, research organization and construction company was researched and classified under each EPC phases. In addition, a questionnaire survey by plant experts was conducted for analysis of risk weight and costs and time impact on each EPC phases. The results of this study are as follows: First, a detail design errors(engineering phase), a equipment procurement plan(procurement phase), and exchange rate fluctuations(construction phase) were analyzed the highest weight factors. Second, a financing plan(engineering phase), quantity take-off bill(procurement phase), and exchange rate fluctuations(construction phase) were analyzed the highest cost impact factors. Third, detail design errors(engineering phase), a equipment procurement plan(procurement phase), and schedule management errors(construction phase) were analyzed the highest time impact factors.

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Construction Safety Risk Assessment Method Based on Accident Loss Cost in the Construction Phase (시공단계의 사고손실 비용 기반 건설안전 위험성 평가 방안)

  • Lee, Jae-Hyun;Jeong, Jae-Wook;Jeong, Jae-Min
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2023.05a
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    • pp.407-408
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    • 2023
  • This article proposes a method to assess construction safety risk during the construction phase based on accident loss costs. Risk assessments for hazardous construction work are required by law, but they lack quantitative criteria. To address this, a survey estimated loss costs due to fatalities in the construction industry, finding labor loss cost and delay reimbursement cost to be the largest factors. The proposed method uses algorithm to calculate expected accidents and risk levels based on project characteristics, work methods, personnel, and environment data. This method is expected to enhance the reliability and usability of risk assessments during the construction phase of construction projects.

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The Development and Application of Schedule Management Tools in Building Construction (건설 공정리스크 관리도구 개발 및 활용방안)

  • Jung Woo-Joon;Yoon You-Sang;Suh Sang-Wook
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.384-387
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    • 2004
  • It is very important to manage the risk in building construction because construction process has too many internal risk compared with others. So construction managers need more developed risk management system than the Present. While the study for the solution and management of generated risk is comparatively enough, the effort to confirm the risk of construction phase on pre-construction phase haying an major effect on total duration, is insufficient. For supporting the schedule risk management of pre-construction, this study suggests the reclassified risk breakdown structure and the investigation form for advance preparations on pre-construction Phase, which help the Poorly experienced construction manager to make more correct decisions and efficiently to execute risk management.

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A MODEL OF RISK MANAGEMENT PLAN AND SYSTEM FOR THE CONSTRUCTION PHASE

  • Seon-Gyoo Kim;Chan-Jeong Park ;Moon-Serk Yang;Jin-Bong Kim ;Hyung-John Shin
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.341-346
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    • 2005
  • After the IMF shock, some major construction companies in Korea have been motivated to avoid and mitigate various risk factors which could be critical and catastrophic events to corporate revenue and organization internally or externally. It means that they are trying to introduce and set up a risk management plan and system suitable to their organization and culture. L construction co. ltd. is one of major construction companies that have been searching methodologies or technologies to manage various risk factors surrounding corporate marketing and project operation. This paper presents an unique approach to develop a model of risk management plan and system suitable to L construction itself focused on the construction phase.

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Identifying Potential Opportunities of BIM for Construction Risk Management (BIM을 이용한 건설리스크 해결 가능성 도출)

  • Won, Jongsung
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.11a
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    • pp.201-202
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    • 2019
  • This paper aimed to identify potential opportunities of building information modeling (BIM) utilization for construction risk management. Construction risk factors and BIM functions were derived through conducting in-depth literature review. Nineteen construction risk factors could be resolved by various BIM functions. Phase planning, site analysis, design authoring, and 3D design coordination were identified as the most efficient BIM functions for construction risk management.

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A Development of the Risk Identification Checklist through the Re-establishment of Risk Breakdown Structure of Construction Project (건설사업 위험분류체계의 재정립을 통한 위험인지 체크리스트 개발)

  • Chu Hae-Keum;Kim Seon-Gyoo
    • Korean Journal of Construction Engineering and Management
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    • v.4 no.2 s.14
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    • pp.109-117
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    • 2003
  • The construction project is largely exposed to much more risk events over the project life cycle due to its complexity and size than the other industries. Therefore, the construction risk management process to identify and response the risk events is not only performing acutely but also proceeding systematically. The risk identification phase in the risk management process is to identify various risk events and define its characteristics. At this phase, the risk identification system is very useful tool to identify every possible risk events in the project. This study shows some problems of the existing risk identification system and proposes the modified risk identification system based on the project phases and the contract bodies, and also suggests partial but more enough detailed risk checklists to be implemented in the actual risk identification phase than any other existing risk breakdown systems to be examined at this study.

AN EFFECT ANLYSIS OF RISK FACTORS FOR BUILD TRANSFER LEASE PROJECTS

  • Yang-Woo Lee;Soo-Yong Kim; Jung-Man Jung;Dae-Young Kim
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.498-508
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    • 2007
  • The Build-Transfer-Lease (BTL) projects have rapidly increased under the Government support during recent years. This paper presents the risk analysis of factors affecting BTL projects in the initial phase. This study resulted in 10 significant risk factors influencing on each phase of BTL projects and then factors were grouped into each phase. The sensitivity analysis was also performed to identify risk factors with more significant influence on BTL projects. The results may useful to practitioners in order to cope with risks in initial phase of BTL projects. The paper resulted in the distribution of risks to project parties, thus it can be used as standards for risk assignment to competent authorities and private enterprises of BTL projects.

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A BLOG BASED RISK MANAGEMENT SYSTEM USING SOFT SCHEDULE

  • Soo-Myeong Jin;You-Sang Yoon;Myung-Houn Jang;Sang-Wook Suh
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1334-1339
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    • 2009
  • 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. Uncertainties seldom create a positive impact on construction project, but they almost cause delay and increase costs. Therefore, 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, it is not enough to be developed to meet the demands of the industry. It has not been enough for Systems to control schedule risks for managers in the field. Therefore, a tool is necessary to efficiently control risks. The propose of this study is to invent Schedule Risk Control System Module to prepare for risks in preconstruction phase.

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