• Title/Summary/Keyword: construction companies

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Market Entry Decision Model in Global Construction Market Using Real Options Game (실물옵션 게임을 활용한 해외건설시장 진출모형에 관한 기초연구)

  • Kim, Du-Yon;Kim, Byoung-Il;Han, Seung-Heon
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.652-655
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    • 2007
  • Due to stagnation of domestic market, increasing number of domestic construction companies started to make inroads into foreign market recently. Yet compared to domestic market, there are much more risks in the foreign market which companies may confront. So deliberate and rational decision making skills are required. Accordingly, there has been many researches which analyzed the risk of individual markets and also studies covering decision support models. In this study, we suggest a model concerning financial issues when branching out into a new market, specially in the construction companies' point of view. For this we used a real options game which shows real competition status of a new market and deduced a feature of that market, Upon these results, we also suggest a model which helps firms to decide whether investing in the expansion is smart action or not. The model developed in this study is made in specific circumstances of limited conditions. The future study makes more realistic models considering subjects like disproportion in information and generalization of competing companies.

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Penetration of Korean EPC Companies into International Market for Nuclear Power Plant (플랜트 EPC 기업의 해외 원자력 발전 프로젝트 진출방안)

  • Cho, Chan-Hyoung;Moon, Seung-Jae;Yoo, Hoseon
    • Plant Journal
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    • v.5 no.3
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    • pp.66-73
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    • 2009
  • This study aims to develop a strategy for South Korean companies to penetrate into the global NPP(nuclear power plant) market with their strength as the sixth biggest nuclear power generator in the world. With 20 nuclear plants in commercial operation and 6 more in construction, South Korea has the best technology in construction and operation of NPP. Despite these capabilities as demonstrated on its domestic market, Korean companies' constraint to enter and play a key role in global NPP market would be the lack of experience in overseas NPP projects, original technologies, and diplomatic effectiveness. This study analyzes the competitiveness of Korean standardized nuclear power plant, construction management skills, construction technologies, manufacturing equipment and materials and operation skills. In this research the current status of existing NPP and the forecast of building NPP according to countries was analyzed in order to work out strategies with technology, cost-effectiveness, and diplomatic consideration.

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Investigation on the Manpower Staffing Plan Utiling Density Analysis Method (밀도분석에 의한 공동주택 현장관리 인력 배치계획 분석)

  • Kwon, Gi-Deoc;Kim, Sun-Kuk;Sohn, Hyo-Won;Choi, Jae-Hwi;Lee, Dong-Hoon
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2010.05a
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    • pp.119-123
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    • 2010
  • Recent economic slump has highlighted the needs for the construction industry to develop strategies to improve productivity and overhaul organization structure. Notably, it is urgent to improve productivity of apartment building construction projects that account for about half of the aggregate revenue of building construction projects in Korea. As construction site management manpower staffing plan has close relation with the productivity of building construction, it is essential to staff construction sites adequately in consideration of site conditions and characteristics. However, construction companies of Korea are still far from developing site management manpower staffing plan in reference to quantitative standards. Therefore, this research aims to analyze site management manpower staffing plan of apartment building construction project by means of density analysis. To be more specific, site organization charts and staffing plans of apartment building construction projects put together by large construction companies in Korea are studied and essential resources and their mobilization time of apartment building construction projects are examined. Conclusions herein will provide basic inputs to subsequent studies of apartment building construction site management manpower staffing standards.

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An ERP Customizing Methodology Based on Process Model

  • Park, Ji-Hyun;Shon, Joo-Chan;Baik, Jong-Myoung
    • Proceedings of the CALSEC Conference
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    • 2001.08a
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    • pp.467-475
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    • 2001
  • As a result of the policy for enforcing the information technology led by government and the effort of companies to get over economic crisis through the reformation of business process, the ERP market is being active. However, because imported ERP products that are supplied currently are designed for standard and rationality, they have a limit to support custom processes of domestic companies in South Korea. On the contrary, ERP products by domestic companies in South Korea are unable to support a consistent methodology of constructing ERP system. This is main reason why much time and costs are consumed than that of an original plan. To succeed in ERP construction, the purpose of ERP setup must be defined. To accomplish this end, it is required to analysis business process completely and to make a plan in detail. For ERP providers, they must support a characterized ERP construction methodology and lower the construction cost by improving an ERP package easy to customize[5].

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Study on the Necessity of Risk Assessment for The Live-Line working of Electrical Construction (전기공사업 활선작업의 위험성평가 필요성에 관한 고찰)

  • Choi, Seung-Dong;Hyun, So-Young;Han, Hyeong-Ju;Hong, Yong-Soo
    • Proceedings of the Safety Management and Science Conference
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    • 2011.04a
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    • pp.719-730
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    • 2011
  • The live-line works are very dangerous works on direct contacts or neighboring contacts with the distribution line. But most of domestic electrical construction companies that have performed live-line works are small-scale companies. Accordingly, safety management system and manuals to insure worker's safety haven't sufficiently had. In this paper, risk and status of accidents for the live-line works were analyzed and the necessity of introducting risk assessment for live-line works was identified by a questionnaire survey of electrical construction companies and education institutions.

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A Study on the Utilization of Community Facilities in Apartment Complex (아파트 주민공동시설 이용현황에 관한 연구 -사례 조사를 통한 이용현황과 만족도 분석을 중심으로-)

  • Yang, Young-Keun
    • Journal of The Korean Digital Architecture Interior Association
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    • v.8 no.1
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    • pp.31-37
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    • 2008
  • Community facilities in apartment complex have been developed through construction companies' needs for housing development and differentiation combined with a intense marketing competition among housing construction companies. But, It is the fact that the construction companies have planned the community facilities without considering on residents' needs for housing environmental amenity and preference. Therefore, this study investigated the space composition and the present usage of community facilities and surveyed to get concrete information regarding the residents' satisfaction with the proposed community facilities plan. It is the conclusion that the residents request a convenient and comfortable facilities similar level with those in the outside sports complex and the operating programs.

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A Calculation Model of Site Management Manpower for Apartment Building Construction Project (공동주택의 현장관리 인력 산출모형 연구)

  • Kwon, Gi-Deoc;Kim, Sun-Kuk;Won, Il-Woo;Joo, Jin-Kyu;Lee, Goon-Jae
    • KIEAE Journal
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    • v.11 no.4
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    • pp.47-54
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    • 2011
  • Construction companies find it increasingly necessary to reduce the cost as the construction market has been suffering from a depression and the industrial environment has been changing fast lately. The cost cut demands the productivity management of the field operations, which can be made feasible by assigning an appropriate number of managers on the construction site. However, previous studies are focused on the labor productivity and construction companies take into account only the revenue per worker in organizing the staff. The purpose of this study is to research the model for calculating the field management manpower in accordance with the characteristic of project and site conditions which are usually considered in the beginning of the construction project. The data about apartment building projects of domestic large constructors and factors related to them were statistically analyzed. The results of this study can be used to calculate the necessary field management manpower in accordance with the characteristic of project.

Transition of Domestic Construction Management Market Structure (국내 건설사업관리 시장의 구조적 변화 분석)

  • Yun, Ha-Jung;Kim, Ji-Sun;Lee, Yoon-Sun;Kim, Jae-Jun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.11a
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    • pp.277-278
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    • 2012
  • After the introduction of CM(construction management) for improving productability in construction industry, the CM market was shown to actively grow shape until 2007 but suddenly appears passive movement of the market after in 2008. However, on one hand, the CM corporations has increased, because the construction supervision market come to the CM market area by reduction their work place. Because of this, it was discussed that will intensify competition between companies in the CM market. Therefore, this paper want to analyze to status of the CM market structure for studying about the CM industry status and change during last 3 years. As a result, by decreasing the Market concentration, the CM market competition rate did not too high with business despite that CM market downsize and has been increased the number of companies.

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A Basic Study on the Performance Relationship among Internal Marketing Factors in Construction Company by Using AHP Method (AHP기법을 활용한 건설기업 내부마케팅 구성요인 간의 성과관계 기초연구)

  • Lee, Jong Sun;Kim, Boo-Young;Cho, Han Byung;Son, Kiyoung
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2014.11a
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    • pp.224-225
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    • 2014
  • In recent years, the domestic construction business is continuously stagnated caused by housing depression, global financial crisis etc. To overcome these difficulties, the construction companies should reinforce the internal marketing like the service business. However, it is not easy to conduct active internal marketing reinforcement since the companies do not directly receive customers under special situation like construction. Therefore, it is necessary to resolve the urgent issue by selecting order of priority among internal marketing factors. To address this issue, the objective of this study is to analysis the internal marking factors by using Analytic Hierarchy Process.

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A Basic Study on the Correlation Analysis between Safety Perception Level of Domestic Construction Companies and Construction Productivity (국내 건설기업의 안전인식수준과 건설생산성간의 상관관계 분석 기초연구)

  • Jeon, Sang-Sub;Oh, Jun-Seok;Son, Seung-Hyun;Son, Ki-Young
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.47-48
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    • 2019
  • Currently, the government has made a lot of efforts to improve construction productivity but there are few studies which measure between safety perception level and productivity in the South Korean construction industry. Therefore, the objective of this study is to analyze correlation between safety perception level of domestic construction companies and construction productivity. To achieve the objective, first, the concept of safety perception level was defined. Second, the safety perception level and construction productivity were investigated in the case projects. Third, correlation analysis was conducted between safety perception level and productivity. As a result, it was concluded that a high level of safety perception of executive and manager would increase construction productivity. In addition, To improve the safety perception level in the construction company, it is suggested that the provision safety resources for managements and the equal communication system between workers and managements and the development safety education tools considering the worker's experience. In the future, these findings can be utilized to develop future evaluation tools for a safety perception level in domestic construction company.

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