• Title/Summary/Keyword: construction management techniques

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Factors Affecting Application of Cost Management Accounting: Evidence from Small and Medium Enterprises in Vietnam

  • NGUYEN, Co Trong;NGUYEN, Tung Dao;NGO, Hoang Thanh
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.4
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    • pp.185-190
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    • 2022
  • The article analyzes the impact of factors affecting the application of management accounting in Vietnamese small and medium enterprises. It provides more empirical evidence on the factors affecting the application of cost management accounting. The research methodology involved a questionnaire survey of managers at all levels, and chief accountants and accountants of 65 Vietnamese construction enterprises. 220 questionnaires were collected in total, out of which 14 invalid questionnaires were not used due to many blank cells. The 5-level Likert scale is familiarly used in many studies, so the author also quantifies each factor according to five levels. Quantitative research was carried out with SPSS 25 software. Research results show that 4 factors positively influence the application of cost management accounting, including Business strategy, Management cost control, level of accounting staff, and Manager's point of view on cost management accounting. The level of accounting staff factor has the strongest influence on the application. Based on the research results, the author has proposed recommendations to improve the application of cost management accounting techniques of construction enterprises, thereby contributing to enhancing competitiveness and efficiency activities of construction enterprises in Vietnam.

Framework and Core Competency of Integrated Design Management (IDM) (통합설계관리의 개념적 틀 및 역량강화 요소 - 건축과 플랜트를 중심으로 -)

  • Kim, Yesol;Jung, Youngsoo
    • Korean Journal of Construction Engineering and Management
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    • v.15 no.1
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    • pp.122-133
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    • 2014
  • Recent diversification of project delivery systems coupled with increasing mega-projects requires highly advanced construction management techniques. Among those techniques, procurement and design management are recognized as being the first priority for overseas construction projects. Nevertheless, previous research in design management has been limited to the quality management of the design documents at design stage. Therefore, it is necessary to explore the design management from a comprehensive perspective throughout the project life cycle. In this context, the purpose of this paper is to propose a conceptual framework for integrated design management (IDM). Several different concepts in relation to design management were investigated first in order to identify the major variables of the IDM framework. A comprehensive comparison of construction management methodologies was also analyzed in order to identify key factors of IDM. Finally, an IDM framework was proposed by combining those factors and relevant issues. Based on the proposed framework, a survey was conducted in order to validate the framework as well as to identity important areas for improving competitive capability of Korean construction companies.

A Text Mining Analysis for Research Trend about Information and Communication Technology in Construction Automation (텍스트마이닝 기법을 활용한 정보통신기술 기반 건설자동화 연구동향 분석)

  • Lim, Si Yeong;Kim, Seok
    • Korean Journal of Construction Engineering and Management
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    • v.17 no.6
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    • pp.13-23
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    • 2016
  • Construction automation based on information and communication technology(ICT) has been studied for improving productivity in the construction industry. This study investigates domestic research trends in ICT-based construction automation using text mining techniques. The results show that 'Technology to collect and analyze project progress(26%)' and 'Technology to analyze and apply the automation element of construction machinery(28%)' are the major research area. The word of 'construction information' is showed as important keywords in the area of 'Technology to collect and analyze project progress', and researches focusing on resource management, site management, information management, and real-time information monitoring have been mainly conducted. The word of 'ubiquitous' is shown as important keywords in the area of 'Technology to analyze and apply the automation element of construction machinery', and researches focusing on ubiquitous information management, ubiquitous site management, and measurement system have been mainly conducted.

AN APPROACH FOR ESTIMATING TOTAL COST OF OCCUPATIONAL SAFETY FOR BUILDING CONSTRUCTIONS

  • Gurkan Emre Gurcanli;Nesimi Teoman Korkutan;Ugur Mungen
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.168-175
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    • 2011
  • Construction accidents are major problem in Turkish Construction industry and especially fatally rates are very high. Current legislative system on occupational safety in Turkey enforces employers to implement safety measures as well as safety management systems. However level of consciousness in the industry is unsatisfactory and safety are perceived as extra cost and unnecessary expenditure. Moreover, especially in small residential building constructions which have a big share in the industry and unfortunately safety measures to mitigate or abate construction risks do not exist. The study focuses on small residential building construction sites and in the scope of this study, thirty building projects are examined. For each building project, project cost including labour and material costs, service and consultancy costs for mechanical, electrical systems as well as architectural and structural services, costs for supervision and finally general expenditures for construction site facilities were calculated. On the other hand, occupational safety costs for personal protective equipment, collective protective measures, consultancy and training were determined. Work breakdown structures were established and for each work item firstly occupational risks were evaluated and furthermore according to risk scores safety measures to be implemented were defined and related costs were calculated. The study gave results for total safety cost on average, in terms of percentage of total project cost (3.73% of total project cost), safety cost per man-hour (0.40 USD) and safety cost in terms of unit construction area (11.60 USD per square meter). Since safety management is a part of whole project management process, study gives suggestions and techniques to calculate safety costs and implement safety measures as a part of project management service for professionals. Authors believe that suggested approach may easily developed by the usage of more data to establish a model for estimation not only for building construction sites but also for all construction projects.

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A Study on Improving Forecasting Accuracy for Expenditures of Residential Building Projects through Selecting Similar Cases

  • Yi June-Seong
    • Korean Journal of Construction Engineering and Management
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    • v.4 no.4 s.16
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    • pp.114-122
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    • 2003
  • Dynamic and fragmented characteristics are two of the most significant factors that distinguish the construction industry from other industries. Previous forecasting techniques have failed to solve the problems derived from the above characteristics, and do not provide considerable support This paper deals with providing a more precise forecasting by applying Case-based Reasoning (CBR). The newly developed model in this study enables project managers to forecast monthly expenditures with less time and effort by retrieving and referring only projects of a similar nature, while filtering out irrelevant cases included in database. For the purpose of accurate forecasting, the choice of the numbers of referring projects was investigated. It is concluded that selecting similar projects at $5{\~}6{\%}$ out of the whole database will produce a more precise forecasting. The new forecasting model, which suggests the predicted values based on previous projects, is more than just a forecasting methodology; it provides a bridge that enables current data collection techniques to be used within the context of the accumulated information. This will eventually help all the participants in the construction industry to build up the knowledge derived from invaluable experience.

A Study on Developing Dynamic Forecasting Model for Periodic Expenditures of Residential Building Projects using Case-Based Reasoning Logics (사례기반 기법을 이용한 공동주택 월간비용 예측모델 개발)

  • Yi, June-Seong
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.117-124
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    • 2004
  • Dynamic and fragmented characteristics ale two of the most significant factors that distinguish the construction industry from other industries. Previous forecasting techniques have failed to solve the problems derived from the above characteristics and do not provide considerable support. This paper deals with providing a more precise forecasting by applying Case-based Reasoning (CBR). The newly developed model in this study enables project managers to forecast monthly expenditures with less time and effort by retrieving and referring only projects of a similar nature, while filtering out irrelevant cases included in database. For the purpose of accurate forecasting. the choice of the numbers of referring projects was investigated. it is concluded that selecting similar projects at $5\~6\;\%$ out of the whole database will produce a more precise forecasting. The new forecasting model. which suggests the predicted values based on previous projects, is more than just a forecasting methodology it provides a bridge that enables current data collection techniques to be used within the context of the accumulated information. This will eventually help all the participants in the construction industry to build up the know ledge derived from invaluable experience.

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Delay Analysis Method Considering Productivity (생산성을 고려한 공기지연 분석방법)

  • Koo Ja-Min;Lee Jae-Seob
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.438-441
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    • 2003
  • Construction delays are a common occurrence of most construction projects and difficult to analyze. there are some techniques to analyze delays, such as using CPM, Bar Chart but they are not enough to analyze concurrent and productivity lost delays. Productivity lost delays are different to interruption delays in computing the number of delays and analyzing concurrent delay. This paper describes the delay analysis method considering productivity including concurrent delay analysis.

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Challenges and Future of Prefabricated Pipe Spools

  • Tadwalkar, Sahil;Lee, Yujin;Fischer, Martin
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.678-685
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    • 2022
  • Prefabrication is a construction technique that is increasingly being applied to different building components due to its many benefits, including higher quality and lower waste. Despite these advantages, there are challenges in execution of these components on projects, due to transportation logistics, skilled labor requirements, and project management techniques. This paper investigates the current landscape of prefabricated pipe spools and potential solutions for minimizing these challenges. The scope of this research includes a proposed workflow, to standardize implementation of these components. Semi-structured interviews were conducted with industry professionals to assess current industry practices and the validity of the proposed workflow. Findings of this paper indicate that greater integration between design, fabrication and transportation is required to minimize inefficiencies when implementing prefabricated pipe spools on projects.

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OFF-SITE MANUFACTURE OF APARTMENT BUILDINGS

  • Neville Boyd
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.304-310
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    • 2011
  • The populations of major cities in Australia are increasing rapidly and facing an acute housing shortage. Traditional apartment procurement techniques involve lengthy lead-times and factory-based, or offsite manufactured (OSM) multi-storey apartment buildings may offer the opportunity to help fulfill the need by significantly reducing build times. Other advantages of OSM may include superior quality, low weight ratios, economies of scale achieved through repetition of prefabricated units, use on infill sites, sustainable design standards and better occupational health and safety. There are also positive labour and training implications, which may help to alleviate an industry-wide shortage of skills through use of semi-skilled labour. Previous uncertainties about the adoption of offsite due to the high capital costs and perception issues were generally based on pre-cast concrete structures, which are quite a different building type in terms of flexibility, construction, delivery and finishes. Identification of drivers and constraints assists in the determination of current industry status, allows for a benchmark to be established and future opportunities and directions for OSM to be determined.

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Adjusting Planning Management and Control to the Owner Environment Case Study: Consultant Adjustment to the Owner Environment in Thailand

  • Sruntummakul, Apai;Leungbootnak, Narong;MIN, Vuthea
    • Journal of Construction Engineering and Project Management
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    • v.5 no.3
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    • pp.10-17
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    • 2015
  • Consultant and owner play a very important role in the construction sector which is one of the main sectors in economic development. There are many stakeholders in a construction project including but not limited to: owner, consultant, contractor, subcontractor, and supplier. The consultant is the party who is to stay in close touch with the project owner, which both consultant and owner are considered as the main key stakeholders to make the project happen. It's not a simple task for a consultant to just implement the same style of management and control within various projects that are of a different background and character of owners. Thus, the adjusting plan management and control to the owner environment has been an essential technique to drive the project to success. The objective of this paper is to identify the significant management techniques for adjusting a plan of management and control to the owner environment in Thailand. The methodology is the identification throughout the analogous to abduction from literature review and our empirical observations of Future Engineering Consultants Co, Ltd. We have been in consultation for twenty-five years (25) in Thailand with 209 projects from both public and private owners. As a result, there are (1) Project management styles, (2) Personal style, (3) Owner expectation management, (4) Scope Management, (5) Time Management, (6) Cost Management, (7) Quality Management, and (8) Environmental Management. The input are: a clear defined goal, showing respect by giving good service, maintaining high quality, keeping in touch with owners, and resources. This would give the output of the project's success by meeting the owner's expectation and requirements.