• Journal of Information Technology Applications and Management
• /
• v.27 no.1
• /
• pp.1-13
• /
• 2020

This study aims to measure the efficiency and productivity change of 30 domestic construction companies from 2010 to 2018 using data envelopment analysis(DEA) and Malmquist productivity index (MI). In particular, we used the number of employees, capital stock, and non-current assets as input variables, and sales and net income as ouput variables for the analysis. The dataset used for the analysis of efficiency and productivity changes is the employee profile and financial statements for the companies from 2010 to 2018. We found that the MI of the 30 companies is greater than one since 2013. This is because many years of TEC (Technical Efficiency Change) is greater than 1, which means that the productivity index increases as the TEC increases. In addition, the MI value was less than 1, which lowered the productivity of construction firms in 2018. The results of the study may help decision makers to find effective future management plans by analyzing the internal and external factors.

• Korean Journal of Construction Engineering and Management
• /
• v.18 no.6
• /
• pp.109-120
• /
• 2017

Even though domestic construction companies are expanding into overseas construction markets, the profitability of overseas project are decreasing and finally some biggest domestic construction companies recorded heavy deficit one after another in 2013. Contract management, which is very deeply related to profitability, is the most difficult area to domestic construction companies, especially in Middle East and Asia where they have the highest market share and a high level of contract management is required. The purpose of this study is to assess their contract management competences to help them improve contract management skills and strategies. First, we defined the overseas project contract management process and selected competences from the each process stage. Then, we conducted a survey with overseas project experts. For considering their competences from various angles, we divided survey groups into domestic construction groups and other groups (Contract consultancy agencies and Construction research institutes) to understand the internal and external perspective of the domestic construction companies' contract management competences. The results of survey was analyzed by using paired samples t-test, Borich Needs Assessment Model and Independent t-test. We expected that the results of this study could contributes to establish strategies for enhancing the domestic construction companies' contract management competencies.

• Journal of the Korean Society of Safety
• /
• v.31 no.6
• /
• pp.74-83
• /
• 2016

The purpose of this study was to identify the educational and ecological factors (environment and infra-structure) associated with workers' participation to safety and health education at work (SHEW) based on the PRECEDE constructs. A total of 590 workers (484 in manufacturing and 106 in construction companies) finished the self-administered survey. Survey packets were delivered to the safety and health manager (SHM) in survey companies and the SHMs conducted the self-administered survey in their companies. The questionnaire includes demographics, epidemiological constructs, and educational and ecological constructs based on the PRECEDE model. Participation to SHEW was better in the manufacturing sector than in the construction sector (p<.001). Environmental, reinforcing, and enabling factors were better in the manufacturing companies than in the construction companies. Male worker, better perceived efficacy of SHEW, higher social support for SHEW, assignment of SHM at work, and better safety and health management level at work were significantly associated with workers' better participation to SHEW (p<.05). Those factors accounted for 45.9% of total variance of workers' participation to SHEW.

• Journal of Distribution Research
• /
• v.1 no.2
• /
• pp.141-172
• /
• 1996

This study is to investigate global logistics strategies of Korean electronics companies. in terms of service parts. According to the survey, Korean electronics companies were pursuing multi-level global logistics network such as global, continental, national, regional and service center echelon for improving the efficiency of service parts global logistics. Especially there was a tendency of developing new continental distribution centers. And the companies were exploiting efficiency through inventory control by multi-level echelon, demand forecasting by the product life cycle and supply and service lead time management. But there were some insufficient factors for the efficiency of global logistics operation at the construction of worldwide real time logistics information system and pursuit of the efficiency on the whole network including subcontractors. For the future competitive advantage of the Korean electronics companies, the following are suggested: 1) the establishment of arranged logistics channel adjusting each company's global strategy, 2) the construction of worldwide real time logistics information system, 3) the reengineering of all logistics procedures such as order processing, shipping, inventory control, etc., 4) the enhancement of the ratio of the supply from the external companies and the internal manufacturing subsidiaries at each continent, 5) and the pursuit of operational internalization of external subcontractors.

• Proceedings of the Korean Institute of Building Construction Conference
• /
• 2015.11a
• /
• pp.60-61
• /
• 2015

In recent years, the accidents in construction projects are continuously increasing due to their complexity and variety. However, few studies have been conducted regarding the risk prediction model and the database of risk assessment in construction projects. To address of these issues, the objective of this study is to analyze the accident causes by using insured claim payouts of insurance companies. First, the descriptive analysis of accidents causes is conducted according to scheduling rate, season, and total construction costs. Second, the correlation analysis is conducted between accidents causes and total construction costs. In the future, the risk assessment model can be developed to quantify the accident causes in construction projects to estimate claim payouts of insurance companies.

• Proceedings of the Korean Institute of Building Construction Conference
• /
• 2014.05a
• /
• pp.192-193
• /
• 2014

Due to the decreasing domestic construction market since 2007, Korean construction companies are expanding overseas market. As a result, the international market share by Korea has been continuously increased and achieved 65.2 billion dollars in 2013. Despite of such visible results, profitability concerns are constantly arising. It is pointed out that the low-priced bid competition between Korean construction companies and various unpredictable risks are the most crucial factors which aggravate the profitability in the overseas projects. From this point of view, predicting the risks in advance and controling them could be the most important tasks to improve the profitability. This research proposed 202 risk factors with a hierarchy and relational database schema for power plant construction, which is based on the 24 risk classifications in previous research (Kim & Jung 2013). Proposed risk classification and relational database schema could be utilized as the basic data in risk management system.

• KIEAE Journal
• /
• v.7 no.4
• /
• pp.97-104
• /
• 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.

• Proceedings of the KSR Conference
• /
• 2006.11b
• /
• pp.354-358
• /
• 2006

In addition to documents or technologies at working place, the importance of technology management riese through increasing know-hows. In particular, in the field of construction, a variety of management systems including ERP and PMIS have been introduced since 90's. Therefore, the range of shared information extends to construction grounds, headquarters or even to collaborating companies. It means that the competitiveness of companies depends on the efficient management of technological documents in the field of construction. Accordingly, this study shows the purpose to develop the construction system which save, search and share technological information in order to improve any problem of current construction systems. The construction system offers you both the searching function and the viewing function for various information. In addition, the system contains the highlighting function to know if any information is available. The Construction system is possible to be used with current systems at the same time because is is designed to make up for them. In addition, it is expected to solve their problems and supplement their defects.

• International conference on construction engineering and project management
• /
• 2015.10a
• /
• pp.712-713
• /
• 2015

In recent years, the bid-rigging in public construction markets has been treated as a critical issue in Fair Trade Commission. The investigation revealed that the collusion was implemented extensively in every area from the material supply to the construction service of general contractors. This study reviewed the causes of the bid-rigging in public construction projects, and proposed the improvement plan to eradicate bad practices. Firstly, the causes and purposes of bid-rigging were categorized into two types of internal factors from construction companies and external environment factors influencing business activities. Secondly, the system development method was explained to detect the signs of bid-rigging based on the technical proposal documents in open tender. The detection systems of repetitive public owner also provide the function of sharing data on the companies and cases to violate the fair trade regulation. In addition, the problems and improvement direction of public procurement policies were discussed.

• Proceedings of the Korean Institute Of Construction Engineering and Management
• /
• autumn
• /
• pp.252-256
• /
• 2002

Since early 1990s, construction companies in Korea have tired to adopt knowledge management(KM) which has been emphasized by enterprises in advanced countries and academic researches to sustain competitive advantages. However, concentrations were onto applying KM without measuring current status level of knowledge management in their organizations. Therefore, competitive advantages can hardly meet their prior expectations, still less penetrating into the organizations. As a result, this research presents strategic model measuring organizational status of knowledge management originated by interviews and questionnaires on companies.