• Title/Summary/Keyword: Overseas construction project

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Utilizing SWOT Model to Define a Strategy for the Korean Construction Companies in Preparation of the Changes in the Global Construction Market

  • Kim, HwaRang;Jang, HyounSeung
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.486-490
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    • 2015
  • SWOT model was used to develop strategies for the Korean construction firms in entering the global construction market. Literature review, official statistics survey and other research methods were utilized in order to extract internal and external environmental factors of both the firm and local area. By extracting strength, weakness, opportunity and threat factors, a total of 12 strategies were produced: SO (Strengths-Opportunities), ST (Strengths-Threats), WT (Weaknesses-Threats), and WO (Weaknesses-Opportunities). The result of the study can be utilized as a basic data in developing a strategy for the Korean construction firms to penetrate into the global construction market.

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A preliminary study of the construction project productivity data platform development (건설 프로젝트 생산성 정보 플랫폼 구축방안 기초연구)

  • Kang, Goune;Lee, Gyu;Lee, Kyo-sun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2018.05a
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    • pp.296-297
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    • 2018
  • Due to the decrease in infrastructure investment and stagnation of overseas construction, it is concerned the instability of the construction market. Enhancing the Korean construction competitiveness, productivity improvement could be the breakthrough. In addition, defining construction contents utilizing virtual reality technology is drawing attention along with the trend of the fourth industrial revolution technology development toward the labor productivity improvement. This study conducted a survey to figure out the present state of the productivity management in field and comprehend the factors influence on construction productivity for further Korean construction productivity data platform.

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A Study Of the Construction Management Applied to BAT Korea Factory Construction Project in Korea (BAT Korea Factory 건설 프로젝트의 CM 적용사례 연구 - Cost Management 사례를 중심으로 -)

  • Kim Duk-Kon;Kwon O-Kyung;Kim Jong-Hoon
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.48-57
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    • 2003
  • BAT Korea's Factory is the one of the major projects that clearly confirms and demonstrates that Construction Management (CM), provided by a Korean CM Company to the foreign clients, enables them to successfully complete projects; with savings in time and reduction in cost, which it is $15\%$ lower than the cost of the overseas construction. Also, throughout the thorough schedule management, it was possible to commence with manufacturing one month after the completion date. The Key Success Factors was generated by the excellent construction management skills, and more importantly by the confidence gained by the client in giving a CM company full authority for the construction management of the project. This study has focus on elements of construction management applied to this project throughout the concept of 'One Stop Shop', including cost managements, contract management and value engineering etc. We hope that this study will provide useful data to enable public clients to take advantages of construction management, in a similar way to. the private clients, who have already implemented CM actively.

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Proposal of Improvement Devices for Construction Dispute Resolution System in Public Works (공공건설공사의 분쟁해결조항 개선방안 연구)

  • Lee Ji-Yeon;Shin Kyoo-Chul;Lee Jae-Seob
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.437-441
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    • 2004
  • This study aims to propose a set of improvement devices for construction dispute resolution clause of public improvement project in Korea. To do so, the study addresses the system and procedure of construction dispute resolution in domestic and overseas, and reviews precedent cases, specifically focused of a selective arbitration case. In public sector's initiated contracts, the absence of c)aim procedure clause is unable to response to the claims in timely manner, and the ambiguity of clause o( selective arbitration make it difficult to resolve a dispute by arbitration. Thus, in this study alternative dispute resolutions are explored as a way to resolve various construction disputes of public-initiated project in developed countries.

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COMPARATIVE ANALYSIS OF BIM ADOPTION IN KOREAN CONSTRUCTION INDUSTRY AND OTHER COUNTRIES

  • Jongsung Won;Ghang Lee;Chijoo Lee
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.587-592
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    • 2009
  • Construction companies in Korea have shown interest in BIM (Building Information Modeling) even if late, adopted it, and applied it to several projects. But, it is hard to figure out the status of BIM implementation. Thus, this study is to figure out the status of BIM implementation in Korea by surveying major construction companies in Korea and comparing with similar surveys abroad. The survey result shows that only 11 companies in Korean construction industry adopted BIM. The clash check (73%) was mostly used among various BIM functions and other functions were used less than 30%. As of 2008, only 8 construction companies have used BIM in 27 projects and thus, Korean companies are in the BIM introduction period. Therefore, successful introduction of BIM is required by benchmarking the BIM introduction process of overseas construction industries

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A Comparative Analysis of Korean and Central African Construction Laborers Job Consciousness

  • Bulunda, Mbale Michael;Bitamba, Bauma Frigeant;Jean, jihoon;An, Sung-Hoon
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.748-749
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    • 2015
  • Recently Korean construction companies have started launching into the world beyond the Middle East to Southeast Asia. Launching into Central Africa has emerged as the blue chips; therefore, it is needed to study the local people and culture of Central Africa. However, launching Korean construction companies into Central Africa may cause some problems between Korean and African construction laborers' thinking. Therefore this comparative analysis of Korean and Central African construction laborers' job consciousness can provide to Korean companies a minimum understanding of these kinds of problems to expect while launching into Central Africa and so using this analysis as a basic data to supply them.

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Study on life cycle of LRT systems and technology development applied system engineering (경량전철 차량시스템 생명주기와 시스템엔지니어링 적용기술개발에 관한 고찰)

  • Lee, Seong-Gwon;Jeon, Seo-Tak;Jung, Kye-Young;Kim, Jae-Jin;Chung, Su-Young
    • Proceedings of the KSR Conference
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    • 2011.05a
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    • pp.1629-1635
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    • 2011
  • Because LRT project is large infrastructure projects investing enormous budget and required continuous maintenance after construction, it is the global trend to perform business in terms of life-cycle from the initial construction, operation to disposal. It is very important LRT to manage interfaces efficiently and to integrate vehicle, civil, track, electricity, communications, signals, operations, facilities organically. Global companies of the railway developed countries including Europe are getting orders a large rail project and preempting the world market based on engineering technology. But, domestic LRT systems engineering is the subcontracting level to the lack of practical skills and experience. Thus, technology securement is very urgent for the independence of systems engineering technology and overseas advance based turnkey. In this paper, we are going to study applicable systems engineering technology focusing on LRT system based on international standard ISO/IEC 15288.

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Analyzing the ODA Construction Project Competence based on IPA (IPA 기반의 공적개발원조 건설사업 역량 분석)

  • Kim, Hwarang;Jung, Mincheol;Jang, Hyounseung
    • Korean Journal of Construction Engineering and Management
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    • v.22 no.5
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    • pp.66-72
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    • 2021
  • Participation in official development assistance (ODA) construction projects can be proposed as a way to revitalize Korean small and medium-sized construction companies' entry into the overseas construction market. To this end, the necessary competency items were derived for the execution of the project, and a survey was conducted and an analysis of importance-current competency was performed. 24 out of a total of 32 competency items were analyzed as having a low level of competency compared to their importance, indicating that it is urgent to strengthen corporate-level capabilities for the smooth execution of related projects in the future. In detail, it is judged that it is necessary to seek to establish a preferential capacity-strengthening plan for contract management-related items such as the 'Construction-related fundamental laws, Contract management method, and International administration negotiation'.

Fundamental Investigation of Knowledge Management System for a Plant

  • Seo-kyung Won;Ji-Yune Soh;Junbok Lee ;Choong-hee Han
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.375-380
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    • 2009
  • Gas & Oil plant construction projects are increasing recently all over oil-producing countries. An EPC (Engineering, Procurement and Construction) company, which participates in the plant projects, should possess pertinent engineering licenses and EPC management skills to create high added-value. Nonetheless, there exist various risks involved in the EPC life cycle process due to such characteristics of construction projects as long duration of construction time and complicated processes along with the procured goods or services subjected to various logistics. The objective of this paper is to analyze the overall EPC life cycle for proper process and to examine various information and document. Additionally, the principal data for the analysis of the EPC process are derived from personal interviews with experts and specialty contractors of the plant projects. The results of this study would be widely used as a guide for efficient and effective management of overseas gas plant projects.

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Development of a Collaboration Recommendation Model between Global Consulting Firms using Link Prediction

  • Yu, Young-su;Koo, Bon-sang
    • International conference on construction engineering and project management
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    • 2020.12a
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    • pp.381-386
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    • 2020
  • Global construction and engineering consulting (E&C) firms are actively seeking entry into overseas markets based on loan projects from multilateral development banks to provide a basis for entry into overseas markets and sustainable growth. Bids on these projects are competitive between global top firms in terms of the technical level and price due to the limited number of projects; thus, developing a successful partnership to complement competence has become an essential element to win bids. In this regard, many studies have analyzed enterprises through characteristic analyses or the derivation of influential factors from the past social networks based on social network analysis (SNA). However, few studies have been conducted to reflect the process of changes to analyze collaborative relationships. Thus, this study aims to identify dynamic changes in past social networks and develop a model that can predict changes in the relationships between E&C firms based on similarities or differences between firms, presenting a methodology to target firms for appropriate collaboration. The analysis results demonstrate that the sensitivity of the developed prediction model was 70.26%, which could accurately predict 163 out of 232 actual cooperative cases.

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