• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2007.11a
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• pp.446-449
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• 2007

For the restoration of construction industry, the government have offered the policy since the end of 1990. It has offered to develop the world-class technology and establish the effective production structure. In the government policy, the delivery and contracting method has improved so that construction industry could be recognized. Foreign countries have conducted the R&D and application of Innovative Contracting for improvement of facilities, reduction of LCC and innovation of contractor. Among the Innovative Contracting, 'Performance Warranty Contracting' is defined that A guarantee of the integrity of a product and of the makers responsibility for the replacement or repair of deficiencies. Performance Warranty Contracting is used for technology developments of contractor, improvement of quality, reduction of LCC, prevention of early deficiencies and reduction of owner's inspection works. This paper analyzes concept and effects of Performance Warranty Contracting and presents considerations according to the introduction.

• Construction Engineering and Management
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• v.11 no.4
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• pp.51-54
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• 2010

• International conference on construction engineering and project management
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• 2011.02a
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• pp.117-123
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• 2011

The Australian construction industry is characterized as being a competitive and risky business environment due to lack of cooperation, insufficient trust, ineffective communication and adversarial relationships which are likely lead to poor project performance. Relational contracting (RC) is advocated by literature as an innovative approach to improve the procurement process in the construction industry. Various studies have collectively added to the current knowledge of known RC norms, but there seem to be little effort on investigating the determinants of RC and its impact on project outcomes. In such circumstances, there is lack of evidence and explanation on the manner on how these issues lead to different performance. Simultaneously, the New Engineering Contract (NEC) that embraced the concept of RC is seen as a modern way of contracting and also considered as one of the best approaches to the perennial problem of improving adversarial relationships within the industry. The reality of practice of RC in Australia is investigated through the lens of the NEC. A synthesis of literature views on the concept, processes and tools of RC is first conducted to develop the framework of RC. A case study approach is proposed for an in-depth analysis to explore the critical issues addressed by RC in relation to project performance. Understanding the realities of RC will assist stakeholders in the construction industry with their investment in RC.

• Land and Housing Review
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• v.11 no.4
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• pp.115-124
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• 2020

Incentive/Disincentive (I/D) contract is designed for minimizing any disruption of traffic flow in road construction projects. I/D contracting projects have been evaluated with regard to time and cost performance in various states, more than 35 states. However, construction project managers and planners have little understanding of the project factors that affect the project time and cost performance of highway construction projects using I/D regulations. Therefore, the purpose of this research is to find factors that affect I/D project success or failure to improve the decision-making process for the implementation of I/D projects. In order to achieve the objectives of this research, the researchers collected I/D road construction project data from FDOT and performed evaluation for each collected project. Then, project data analysis to identify key factors that affect I/D project performance was performed. In conclusion, five significant factors for project time performance and six significant factors for project cost perfornace were identified and summarized.

• Ocean Systems Engineering
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• v.12 no.2
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• pp.173-223
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• 2022

In oil and gas industry, FPSO concept is the most popular hull form and ship shaped hull form dominants the FPSO market. Only a non-ship-shaped hull in operations with minor market shares is the cylindrical FPSO hull with medium to small storage capability. To add contracting options and competitions to reduce field development costs, an innovative turretless low motion hull, eco-FPSO, with 1MM bbls oil storage capacity and suitable for installing topsides modulars and equipping with regular SCRs, was first introduced in Zou (2020a). Dynamic characteristic responses of the eco-FPSO compared to the traditional SS-FPSO hull and DD-Semi platform are presented and discussed in this paper, suitability and feasibility of the proposed hull have been demonstrated and validated through extensive analyses in 10-yrp, 100-yrp and 1,000-yrp hurricanes in ultra-deepwater central GoM.

• Transactions of Materials Processing
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• v.31 no.3
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• pp.143-150
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• 2022

The purpose of this study was to investigate an innovative hydroforming process for the cost-effective manufacturing of double layered tube with circumferentially corrugated patterns. Conventional double pipe heat exchanger has relatively poor heat transfer efficiency because of the limited contact area resulting from the concentrically arranged simple cylindrical structure. As a promising alternative to enhance heat transfer efficiency, double layered tube with corrugated internal pattern was considered in this study. To fabricate corrugated inner tube, innovative tube hydroforming system was developed. The customized loading paths were established using the simulated forming pressure and contracting stroke at various bar diameters. Experimentally obtained cross-sectional profiles were analyzed to evaluate the reliability and applicability of the hydroformed tube with various patterns. The results demonstrate that the proposed hydroforming process can be a feasible alternative for manufacturing high-performance double-tube heat exchangers.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.962-969
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• 2009

The market of building construction has been competitive in Hong Kong, perhaps as anywhere else in the world. The barrier to entry is low because there are relatively low requirements on the three factors of production - technology, manpower and finance. The prevailing building technology is traditional and labour-intensive. There is also not much need of capital because clients' periodic payments have been the main source of project finance. Further, capitalizing on trade sub-contracting, contractors have been able to keep their direct labour-force small and to transfer much of their business risk to the sub-contractors. Based on interviews to solicit the perception of a sample of building contractors on the particular issues of construction finance, we present the findings in this paper and discuss the various implications. We believe that the current practice of construction financing is both the cause and effect of the competition within, and the competitiveness of, the building construction sector in Hong Kong. We conclude that the building construction sector is "locked or stuck" in this "equilibrium" of traditional technology, reliance on clients' finance and exploitation of sub-contracting. In this "equilibrium" state, there is hardly any motivation for contractors to engage themselves in product or process innovation. Consequently, any talk of industry reform or innovation could only remain just that. We believe that this problem is not unique in Hong Kong. The building construction sector in many other developed and developing economies is posed with similar if not the same problems and constraints. We conclude that there has to be some "external forces" to bring this "equilibrium" state to a higher level "equilibrium" one where higher value-added building construction services are supplied and demanded. This is a state where building contractors possessing innovative technology, better financial and manpower resources could thrive to build better buildings with innovative building methods and processes.

• Korean Journal of Construction Engineering and Management
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• v.9 no.6
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• pp.244-256
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• 2008

The Construction Management contracting method and administration system had introduced to Korea 10 years ago. The actual CM consulting contract has adapted just for 5 years only. The CM administration system proves lots of innovative construction practices, upgrading construction industry from corporations to site operations. However, there are more tasks to the CM professionals to revitalize CM contracting methods and administration system. This research investigated what CM has achieved for the past 10 years and what CM should accomplish for the coming 10 years as future strategy and missions. Overseas CM practices are reviewed and domestic market, regulations, requirements are investigated through structured interviewed and in-depth survey to CM professionals. Many interesting issues were found through research process and those topics were categorized by industry, academy and government for defining current problems and future tasks. These issues for future strategy and mission needs to be utilized to develop future CM contracting methods and administration system. The system to follow up these meaningful results of CM is important for the future progress.

• International conference on construction engineering and project management
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• 2020.12a
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• pp.343-352
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• 2020

Modular integrated construction (MiC) is an innovative construction method where components of a building are manufactured in an offsite factory, trucked to the job site in sections, set in place with cranes, and assembled together to form a whole building. Where circumstances merit, favorable conditions exist and implemented effectively; MiC improves project performance. However, several key factors need to converge during implementation to realize the full benefits of MiC. Thus, a thorough understanding of the factors which are critical to the success of MiC projects is imperative. Drawing on a systematic review of 47 empirical studies, this research identified 25 key success factors (KSFs) for MiC projects. Of these, the five topmost cited KSFs for MiC projects include effective working collaboration and communication among project participants; standardization, optimization, automation and benchmarking of best practices; effective supply chain management; early design freeze and completion; and efficient procurement method and contracting. The study further proposed a conceptual model of the KSFs, highlighting the interdependences of people, processes, and technology-related KSFs for the effective accomplishment of MiC projects. The set of KSFs is practically relevant as they constitute a checklist of items for management to address and deal with during the planning and execution of MiC projects. They also provide a useful basis for future empirical studies tailored towards measuring the performance and success of MiC projects. MiC project participants and stakeholders will find this research useful in reducing failure risks and achieving more desired performance outcomes. One potential impact of the study is that it may inform, guide, and improve the successful implementation of MiC projects in the construction industry. However, the rigor of the analysis and relative importance ranking of the KSFs were limited due to the absence of data.