• 제목/요약/키워드: construction engineering companies

검색결과 840건 처리시간 0.025초

Performance Management System for Benchmarking in Construction Companies

  • You-Jin, Jang;Moon-Seo, Park;Hyun-Soo, Lee
    • 국제학술발표논문집
    • /
    • The 3th International Conference on Construction Engineering and Project Management
    • /
    • pp.935-941
    • /
    • 2009
  • In competitive society, performance management is an essential element of business success. Despite the importance of performance management, it has not been widely implemented in construction companies. In the recent years, construction companies have become more aware of its need to identify, implement, and sustain performance improvements more systematically. Thus, the objective of this paper is to develop performance management system (PMS) for construction companies. The roles of performance management system is not only measuring performance but also offering guidance to improve performance. Therefore, PMS needs benchmarking process that provides Best Practice and new knowledge. This paper investigates the case of PMSs in UK, USA, Brazil, and Chile and discusses the lessons learned. To overcome the limitations of existing PMSs, new performance measurement framework, in form of 'Construction' BSC, is proposed. Based on the 'Construction' BSC, key performance indicators are derived and methodology of performance management is suggested. This paper concludes by developing PMS for benchmarking in construction companies and recommending some further directions on this research topic.

  • PDF

CORPORATE GOVERNANCE PRACTICE OF TAIWAN LISTED CONSTRUCTION COMPANIES AND ITS CORRELATION WITH INDUSTRIAL FEATURES

  • Hui-Yu Chou
    • 국제학술발표논문집
    • /
    • The 4th International Conference on Construction Engineering and Project Management Organized by the University of New South Wales
    • /
    • pp.413-419
    • /
    • 2011
  • Corporate governance is a system articulating the division of responsibilities among different company members, and defining the running rules and procedures for making decisions on corporate affairs. The separation of ownership and management in modern enterprises brings agency problems to the company shareholders, and it is wildly believed that good practice on corporate governance is essential to prevent managers from taking actions by which profiteering their own benefits but compromising the interests of shareholders. This research investigates the level of companies' compliance with the corporate governance codes to find whether significant differences in corporate governance practice exist between the listed construction companies and the national leading companies in Taiwan. Further exploration focuses on the correlation between the compliance level and the industrial features. The investigation finds that: (1)Construction companies display lower levels of corporate governance compliance; (2)Construction companies display lower levels of structural board independence and respect for stakeholders; (3)Compliance levels of construction companies are correlated with the number of employees and the ownership concentration; (4)Compliance levels of the whole sample companies are correlated with the factors representing firm size, such as turnover, capital and number of employees, but are independent of profitability as well as stock price volatility. The above empirical evidence characterizes the features of corporate governance in Taiwan listed construction companies, including: (1)Large companies lurking high risk of agency problems have more willingness to conduct corporate governance and meanwhile can afford higher costs for the conduction, so that their compliance level would be higher than smaller companies; (2)Construction companies in Taiwan have higher ownership concentration, on account of the industrial tradition of family business, and therefore pay less attention to the compliance with structural board independence and respect for stakeholders. However, the conclusions indicate that further studies are essential to clarify whether the above disparities would lead to a negative cycle of corporate governance practice in construction industry. The benefits of corporate governance should unfold more evidently to convince construction companies for improving their investment environment and stimulating their healthy growth.

  • PDF

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

  • Jongsung Won;Ghang Lee;Chijoo Lee
    • 국제학술발표논문집
    • /
    • The 3th International Conference on Construction Engineering and Project Management
    • /
    • pp.587-592
    • /
    • 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

  • PDF

The Current State and Future Directions of Industrial Robotic Arms in Modular Construction

  • Song, Seung Ho;Choi, Jin Ouk;Lee, Seungtaek
    • 국제학술발표논문집
    • /
    • The 9th International Conference on Construction Engineering and Project Management
    • /
    • pp.336-343
    • /
    • 2022
  • Industrial robotic arms are widely adopted in numerous industries for manufacturing automation under factory settings, which eliminates the limitations of manual labor and provides significant productivity and quality benefits. The U.S. modular construction industry, despite having similar controlled factory environments, still heavily relies on manual labor. Thus, this study investigates the U.S., Canada, and Europe-based leading modular construction companies and research labs implementing industrial robotic arms for manufacturing automation. The investigation mainly considered the current research scope, industry state, and constraints, as well as identifying the types and specifications of the robotic arms in use. First, the study investigated well-recognized modular building associations, the Modular Building Institute (MBI), and renowned architecture design magazine, Dezeen to gather industry updates. The authors discovered one university lab and a few companies that adopted Switzerland-based robotic arms, ABB. Researching ABB robotics led to the discovery of ABB's competitor, Germany-based KUKA robotic arms. Consequently, research extended to the companies and labs adopting KUKA models. In total, this study has identified seven modular companies and four research labs. All companies employed robotic arms and gantry robot combinations in a production-line-like system for partial automation, and some adopted design standardization for optimization. The common goal among the labs was to achieve greater flexibility and full automation with robotic arms. This study will help companies better implement robotic arm automation by providing recommendations from investigating its current industry status.

  • PDF

A System Dynamics View of Safety Management in Small Construction Companies

  • Guo, Brian H.W.;Yiu, Tak Wing;Gonzalez, Vicente A.
    • 국제학술발표논문집
    • /
    • The 6th International Conference on Construction Engineering and Project Management
    • /
    • pp.92-96
    • /
    • 2015
  • Due to unique characteristics of small construction companies, safety management is comprised of complex problems (e.g., resources constraints, a lack of formalized management structures, low level of management safety commitment etc.). In order to understand causal interdependencies between safety factors at different system levels (regulation, organization, technical and individual), this paper aims to develop a system dynamics (SD) model of safety management in small construction companies. The purpose of the SD model is to better understand why small construction companies have low level of safety performance. A causal loop diagram (CLD) was developed based on literature, with an attempt to map causal relationships between variables. The CLD was then converted into stock and flow diagram for simulation. Various tests were conducted to build confidence in the model's ability to represent the reality. A number of policies were analyzed by changing the value of parameters. The value of a system dynamics approach to safety management in small construction companies is its ability to address joint effects of multiple safety risk factors on safety performance with a systems thinking perspective. By taking into account feedback loops and non-linear relationships, such a system dynamics model provides insights into the complex causes of relatively poor safety performance of small construction companies and improvement strategies.

  • PDF

국내 건설회사의 안전관리수준 향상지수 및 특성 분석 (Improvement Index and Characteristic for the Safety Management Level of Domestic Construction Companies)

  • 손창백;이동은;최승모
    • 한국안전학회지
    • /
    • 제22권4호
    • /
    • pp.51-56
    • /
    • 2007
  • In order to present basic data for the balancing improvement of safety management level in domestic construction companies the improvement index and characteristic of safety management level are offered by comparing the year 2006's safety level with the year 2001's one. The companies under concern are classified into 51 large scale companies and 61 middle and small scale ones. The safety management level of both head office and construction sites is improved for all companies without regard to the scale. Specially, the improvement index of middle and small scale companies shows the higher rate than large ones and head office higher than construction sites.

QUANTITATIVE ANALYSIS OF THE EFFECT OF INFORMATIZATION ON THE PERFORMANCE OF CONSTRUCTION COMPANIES

  • Il-Han Yu ;Kyungrai Kim ;Youngsoo Jung ;Sangyoon Chin ;Dong-Woo Shin ;Hee-Sung Cha
    • 국제학술발표논문집
    • /
    • The 1th International Conference on Construction Engineering and Project Management
    • /
    • pp.474-479
    • /
    • 2005
  • Indicators measuring performance and the level of informatization of construction companies have recently been developed. Construction companies' investment in informatization, however, is still relatively low compared to that of other companies in different industries, since it has been difficult in quantifying the effect of informatization on total performance. This study, therefore, conducted an industry survey using indicators provided by previous studies, and used them to calculate performance and informatization indices for construction companies. Finally, it suggested a quantitative analysis of the effect of informatization on these companies' performance.

  • PDF

A DECISION SUPPORT MODEL FOR PROCUREMENT OF REUSABLE MATERIALS IN MULTIPLE PROJECT MANAGEMENT

  • Ju-Yeoun Han;Dong-Woo Shin ;Kyung-Rai Kim ;Sang-yoon Chin;Hee-Sung Cha
    • 국제학술발표논문집
    • /
    • The 1th International Conference on Construction Engineering and Project Management
    • /
    • pp.1100-1105
    • /
    • 2005
  • To compete with large construction companies whose dominance in market share is deepening recently, the needs for improving field production system of mid-size construction companies have increased rapidly. The development of an adequate model that focuses on the organizational size and work process of the mid-size construction companies are needed to increase productivity through the informatization in the construction industry[0]. The authors of this study used case studies on the problems of the mid-size construction companies in procuring work and presented a method to solve such problems so that the managers in head office of those mid-size construction companies can effecitively deal with multiple sites[0].

  • PDF

국내 소규모 건설회사의 안전관리활동 평가 (Assessing the Safety Performance of Domestic Small-Sized Construction Companies)

  • 손창백;홍성호
    • 한국안전학회지
    • /
    • 제24권4호
    • /
    • pp.59-65
    • /
    • 2009
  • This paper presents the safety performance of domestic small-sized construction companies including the characteristic and current status of safety management actions of the firms. Safety performance both at the head office and job sites of each construction companies, which are divided two groups by construction capacity ranking, are investigated. The investigation results on the small-sized construction companies in this study was compared with those of on the large and medium-sized construction companies studied in existing papers. General recognition that there is a wide difference of safety performance among domestic construction companies by construction capacity ranking was companies by this study. Especially, Data analysis shows that the safety performance of the small-sized companies has the larger difference than large and midium-sized companies.

A System Dynamics View of Safety Management in Small Construction Companies

  • Guo, Brian H.W.;Yiu, Tak Wing;Gonzalez, Vicente A.
    • Journal of Construction Engineering and Project Management
    • /
    • 제5권4호
    • /
    • pp.1-6
    • /
    • 2015
  • Due to unique characteristics of small construction companies, safety management is comprised of complex problems. This paper aims to better understand the complexity and dynamics of safety management in small construction companies. A system dynamics (SD) model was built in order to capture the causal interdependencies between factors at different system levels (regulation, organization, technical and individual) and their effects on safety outcomes. Various tests were conducted to build confidence in the model's usefulness to understand safety problems facing small companies from a system dynamics view. A number of policies were analyzed by changing the value of parameters. The value of a system dynamics approach to safety management in small construction companies is its ability to address joint effects of multiple safety risk factors on safety performance with a systems thinking perspective. By taking into account feedback loops and non-linear relationships, such a system dynamics model provides insights into the complex causes of relatively poor safety performance of small construction companies and improvement strategies.