• Journal of Korean Society of Industrial and Systems Engineering
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• v.39 no.4
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• pp.72-80
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• 2016

The market size of plant projects in overseas is so large that domestic EPC project contractors are actively seeking the overseas projects and then trying to meet completion plans since successful fulfillment of these projects can provide great opportunities for them to expand into new foreign markets. International EPC projects involve all of the uncertainties common to domestic projects as well as uncertainties specific to foreign projects including marine transportation, customs, regulations, nationality, culture and so on. When overseas project gets off-schedule, the resulting uncertainty may trigger unexpected exceptions and then critical effects to the project performance. It usually require much more time and costs to encounter these exceptions in foreign sites compared to domestic project sites. Therefore, an exception handling approach is required to manage exceptions effectively for successful project progress in foreign project sites. In this research, we proposed a methodology for prediction and evaluation of exceptions caused by risks in international EPC projects based on sensitivity analysis and Bayesian Networks. First, we identified project schedule risks and related exceptions, which may meet during the fulfillment of foreign EPC projects that is performed in a sequence of engineering, procurement, preparatory manufacture, foreign shipping, construction, inspection and modification activities, and affect project performance, using literature review and expert interviews. The impact of exceptions to the schedule delay were also identified. Second, we proposed a methodology to predict the occurrence of exceptions caused by project risks and evaluate them. Using sensitivity analysis, we can identify activities that critically affect schedule delay and need to focus by priority. Then, we use Bayesian Networks to predict and evaluate exceptions. Third, we applied the proposed methodology to an international EPC project example to validate the proposed approach. Finally, we concluded the research with the further research topics. We expect that the proposed approach can be extended to apply in exception management in project management.

• 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.

• Journal of Environmental Science International
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• v.32 no.10
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• pp.703-712
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• 2023

Due to sporadic development projects and Korea's geographical characteristics slopes are inevitable. Consequently, widespread slope greening projects are underway, prioritizing safety and landscape integration. Experimental research is being conducted on slope greening methods and their effects; however, there is a dearth of research on the various conditions resulting from slope greening construction defects. This study examined different conditions and assessed greening methods on real-world sites to understand their correlation with slope greening. Even in the same areas, the state of slope greening varied in different conditions. This underscores the importance of pre-evaluating specific conditions to achieve efficient slope greening results across various conditions. Consequently, there is a need for guidelines and institutional frameworks to assess various conditions in future endeavors.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2006.11a
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• pp.213-220
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• 2006

Plant construction industry is a high value-adding industry because it is complex industry comprising engineering, procurements of equipments and construction. So, Revenue increase in overseas plant projects would boost up not only domestic construction industry but also growth of national economy. Recently, overseas plant-construction market is expanding dramatically. For instant, Middle-east countries are constantly increasing their orders for the construction of petro-chemical plants stimulated by sky-rocketing oil prices. The purpose of this research is to develop management techniques for plant projects such as work break-down structure, knowledge management system, logistics & procurement system, and risk assessment tools. We believe our research would contribute to the competion of Korean engineeing companies and contractors in overseas plant-construction market.

• Journal of Environmental Science International
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• v.31 no.12
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• pp.1089-1102
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• 2022

Recently, urbanization has become a serious issue, as there is imbalance between regions and various environmental problems occur intensively in cities. Therefore, cities all over the world are promoting the Green New Deal and trying to realize carbon neutrality. Accordingly, the European Union is leading the creation of carbon-neutral cities by promoting policies aimed at rapidly realizing carbon neutrality. In Korea, projects such as U-City and Smart City have also been promoted continuously for many years, and recently, the projects Smart Green City and Carbon Neutral Green City have been introduced. Therefore, this study aimed to derive directions and implications for future projects based on policies to address climate change by analyzing the guidelines for the Smart Green City project and the project plans of Gimhae-si and Gangjin-gun, which are the leading projects in the Smart Green City business model and are equipped with an extensive budget.

• Korean Journal of Construction Engineering and Management
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• v.17 no.3
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• pp.61-70
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• 2016

Construction enterprises have performed various projects such as buildings, infrastructure and plant projects in the international market. Among these, the plant project's amount of orders accounted for about 68.9% of all. However, because of the enterprises won a contract with a low-budget for plant project in the last 10 years, the profit has dropped dramatically. And it is forecasted that there are extreme competition for bid award of plant projects because of the current falling oil prices and raising interest rates. In this circumstance, the comprehending of enterprises strength and weakness must be a priority to get a sustainable competitive advantage. Therefore this research suggests the enterprises's capability assessment framework and it is in order to diagnose the korean construction enterprises capabilities. The framework is based on the VRIO model that is on the basis of resource based theory. First, the capability assessment indices and their importance and priority that based on the life-cycle of plant project is deducted by literature review and survey. Second, the 5 point likert score applied VRIO survey is conducted to diagnose the enterprises and quantified the survey result using the fuzzy theory. Lastly, the competitvie implication and capability assessment are deducted.

• Journal of Environmental Science International
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• v.18 no.1
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• pp.113-127
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• 2009

This study was designed to present a river model with an aim at restoring the ecosystem and improving the landscape along the urban rivers on the basin of the Namhan river, a core life channel for the National Capital region. The revelation of botanical status, transition trend and correlation of plants might lead to providing the urban river restoration projects and ecological river formation projects with basic data for a model of ideal aquatic ecology and landscape. The outcomes of this study could be summed up as follows: 1. Communities of Juglans mandshurica, Cornus controversa and Fraxinus mandshurica constitute the main portion of flora at or around uppermost branch streams of the River Namhanis harbored mainly in and around small brooks 2. Typical terrestrial forest communities formed around the River Namhan are composed mainly of Larix leptolepis, Pinus rigida, planned forestation of Pinus koraiensis, Quercus acutissima, Quercus variabilis and Pinus densiflora. 3. The analysis into terrestrial environment of plant communities showed a high content of $P_2O_5$, typical communities found in the artificially disturbed land Finally, it seems also desirable to continue to make every exertion to explore the relationship between fluvial and terrestrial ecologies with a purport of building up a model of natural streams in urban area based on the surveyed factors for plant life, forest communities, soil and landscape and, moreover, on the forecasting for overall influences derived from the relation upon the ecosystem.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.18
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• pp.189-218
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• 2002

The EPC/Turnkey Contract goes to the extreme in allocating risks to the contractor and depending on the types of project, this may be regarded as unacceptable. It has also gone to the extreme in the extent to which the contractor is responsible for the specification and design of the Works. The employer is not responsible for correctness of any information provided by him nor for correctness of any specification or other matter included in the Employer's Requirements, except the definition of the intended purpose and criteria for testing and performance. With such conditions it is surprising that the employer is entitled to interfere in the contractors performance to an extent that is close to what is norm for a construction contract with employer design and with normal risk allocation. The combination of risk allocation and inappropriate administrative provisions makes the EPC/Turnkey Contract a document that will meet severe resistance from contractors. It is also likely that employers will see the risks and difficulties from their own perspective. It is a fiction that the EPC/Turnkey Contract will give the employer a contact with a certainty of final price and completion date. It is not a fiction that the EPC/Turnkey Contract carries many seeds for disputes between the parties. The Orange Book has become an accepted document even if it clearly contains some weaknesses. Some of these have been corrected in the Plant Contract. In my opinion FIDIC should let users become more familiar with the Plant Contract as a follow up to the Orange Book.

• International conference on construction engineering and project management
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• 2011.02a
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• pp.66-73
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• 2011

With rapid industrialization, electric power consumption has been increasing every year in Korea and in other countries. The provision of additional power stations to produce more electricity is one possible response to this steady increase in consumption. Another alternative is to improve the efficiency of existing stations through timely and effective maintenance works. Since the construction of a new power plant involves a large amount of capital as well as difficulties in the selection of sites, the improvement of existing power stations' efficiencies is often a preferred solution. Therefore, this paper focuses on maintenance project management to address this issue. Among several types of maintenance works, this paper concentrates on planned outage maintenance (POM). This focus arises from the critical impact of POM on other maintenance work, as well as the entire process of electricity production. Unlike other maintenance work, POM is done on the basis of mid and long-term plans. In addition, only POM works are conducted during the outage of all power plants. To evaluate the efficiency of POM works, budget data relating to 164 POM projects between 2001 and 2008 was collected from 7 sites in South Korea. Data envelopment analysis (DEA) was selected as a methodology for evaluation. From this analysis, comparative study was used to determine the categories of projects that had performed well, and those with the most optimized budget structures. Moreover, through discussion with industry, this research develops a feasible proposed method by which to enhance the efficiency of POM projects.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2008.11a
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• pp.129-134
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• 2008

Global construction market has grown rapidly since 2000. Even though developing countries grew into an economic, the most of oil-producing countries of continuous high oil prices due to an increase in plant construction orders is to present a lot of influence. According to the growth of global construction market, the domestic construction companies in the overseas market share have recorded 3% of the performance of the top 10 world records. However, current performance has analyzed the expansion of the market rather than competitiveness development of domestic construction companies. Therefore, to improve competitiveness in the global construction orders for the domestic construction companies in terms of long term, the government in Korea has ordered various research projects related to the plant since 2005. This paper presents not only global plant market trends and plant project in domestic but also introduction of completed research standardization recently.