• Journal of Arbitration Studies
• /
• v.13 no.2
• /
• pp.489-517
• /
• 2004

The resolution of the 1993 Uruguay Round and the opening of Korea's construction market in '97 marked the beginning of the globalization of Korea's domestic construction market. Consequently, the process led to changes in contracting procedures, as well as disputes in construction management. With globalization came a rapid realization of reasonable values, which forced the hierarchical vertical relationship between the owners, constructors, and subcontractors into a more equal, horizontal relationship. Once the hierarchical relationship was altered, the late 1990's witnessed a dramatic increase in managerial disagreements, in addition to escalating legal disputes and expenditures. The horizontal relationship was a new concept and brought forth many complexities. Unfortunately, because all of this was new, management of construction disputes was elementary at best. Anticipation of disputes is the key to effective dispute management. This includes thorough reviews of contract documents, document management, construction records, and checklists. Also necessary is the education of owners and contractors with pertinent knowledge concerning dispute management. The following paper focuses on the importance of observing construction disputes in order to facilitate management thereof.

• International conference on construction engineering and project management
• /
• 2013.01a
• /
• pp.181-187
• /
• 2013

The construction market condition is getting worse because of global constructions slow down, low profit, market contraction and so on. For these reason, most construction companies depend on public construction projects which possible to protect construction fee, known as progress payment, by laws. Despite this law, problems of progress payment are constantly occurring and it has been main factors that hinder the construction cost's cash-flow in construction project. To solve this problem, many researchers suggested various solutions but most of solutions were focused on specific target as owner, general contractor, and subcontractor. So, most of solutions were insufficient consider about interaction between contractors. Because of these reasons, it was hard to reflected policy. This research aimed to use system dynamics to develop the model for the application and payment based on the regulations and papers. Also, performed a developed model's verification based on progress payment regulation's basic objectives.

• Proceedings of the Korean Institute Of Construction Engineering and Management
• /
• 2008.11a
• /
• pp.371-375
• /
• 2008

Nowadays, Korean Housing Market have been unstable because of the global economic fluctuation such as steady decline in the interest rate and the house price bubble. While Korean Government policy responses these state, rapidly changing policies led to deep confusion in the Korean Housing Market. In this situation, Analysis for housing market forecasting has been partial and fragmentary, therefore comprehensive solution and systematical approach is required to analyze the housing market including causal nexus between market determining factors. In an integrated point of view, applying the system dynamics modeling, the paper aims at proposing basic Korean housing market dynamics models based on Fundamental principles of housing market determined by supply and demand.

• Plant Journal
• /
• v.6 no.1
• /
• pp.56-63
• /
• 2010

While the local plant market is reducing its volume, the plant market over the world since 2000s is rapidly expanding. The nation's construction companies, aggressively dedicated in launching out overseas plant market, increase the volume of orders in that sector, but there also are much difficulty in the project management as those projects ordered are gradually large scaled with more cutting-edge high-tech requirements along with comparatively higher risk. Though the local construction companies have developed their own types of measures to analyze the risk evaluation putting into practice, the specialized decision-making model for the overseas plant market or the risk measure understandable easily and applicable practically is not yet shown. This paper aims at providing the methodology to evaluate the risk by way of constructing the risk evaluation process in order to induce risk measuring elements through appropriate indexing system. Furthermore, through studying the risk management system, it aims to seek for a thorough risk management method from beginning of the project to the end.

• Korean Journal of Construction Engineering and Management
• /
• v.17 no.2
• /
• pp.49-57
• /
• 2016

R&D projects for land, infrastructure, and transportation is to identify challenges through academic-industrial demand survey, and to promote R&D projects through detailed planning projects. These R&D projects have been promoted to be applied to most domestic project-oriented. Despite continuous R&D investment, the investment has been promoted to the world top technology rather than to international construction projects. This study analyzed the international construction market trends and international construction contracts in order to promote technology development for enhancing international construction competitiveness. This study suggests three R&D technology development directions and ten research projects for expanding international construction projects.

• Korean Journal of Construction Engineering and Management
• /
• v.9 no.1
• /
• pp.118-125
• /
• 2008

Recently, the Ministry of Construction and Transportation announced a notice of the legislation related to remove the restriction of construction market activation in advance. he removement is an overwhelming change of the business structure in the Korean construction industry and has a far-reaching influence on general and trade contractors. The purpose of this research was to suggest improvement factors to survive an excessive competition in reinforced concrete market. This research did SWOT analysis to examine the strength, weakness, opportunity and threat of reinforced concrete firm, and established business strategies. The factor analysis was also applied with questionnaire survey to staff in charge of reinforced concrete company. It is expected that the suggested improvement factors can give effective business strategies to reinforced concrete firm. Furthermore, trade contractors having difficulty in a bottleneck in management can get help from the result of this research.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.11 no.4
• /
• pp.1399-1404
• /
• 2010

In the edge of new jumping up in global market, our construction industry is required to develop a competitive power and new construction market. As a considerable global player, our construction industry and information technology industry are regarded as to achieve more competitiveness and new market by developing fusion technology between information and construction technology. But, practically not only the technologic barrier but unripe developing model, it is time to visualize fusion strategic model and possible area as a constructional point of view. The aim of fusion technology is to increase productivity by reducing labor power and over all life cycle cost and to suggest new market with effective demanding power such as ubiquitous-city. As a successful development model, both the demand driven approach dealing with prompt IT developing speed and a circular leading model boosted by leading group will be key factors.

• Journal of the Korea Institute of Building Construction
• /
• v.10 no.1
• /
• pp.155-162
• /
• 2010

Following the successful entry of Korean builders into overseas construction markets, Korean architects have also become active abroad, and have expanded their market share centered on the Southeast Asia and Middle Eastern areas through Design-Build contracts. However, there have also been However, conflict can arise among the project applicants in the contract stage due to the special characteristics of overseas construction. This sometimes leads to the failure of a project. Using statistics and case studies, this study identified problems in the overseas construction market. It analyzed inefficient factors of the architectural design contract phase in the overseas through a survey and an interview of specialists. Based on the results, this study suggested a master architect system, and some resolutions to the problems of organizing an internal evaluation system. It is expected that the results can be used as practical data for companies that want to advance into the overseas market.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.12 no.4
• /
• pp.1962-1967
• /
• 2011

Construction Management service has been consistently growing in both sales and diversified services. On the other hand the market has been solidified owing to monopoly of major companies and considerations of the services have not been sufficient so that construction management could not play a appropriate role of the construction industry. This research is to suggest the improvements of construction management delivery system based on the analysis of the current market. The method conducted was to analyze market survey, literature and statistical review, regulations, considerations and evaluation system. Through the analysis and research, the delivery system of construction management was proven rooms for improvements in regulation, consideration, and evaluation system. and this study presented those as fair as possible. It is hopefully expected that the expansion of CM market, impartial competition, and justifiable services are implemented in the construction industry.

• Korean Journal of Construction Engineering and Management
• /
• v.15 no.1
• /
• pp.78-86
• /
• 2014

Modular system is a construction method which installs factory-manufactured units on site. It enables to reduce the duration and improve the quality of the construction. Nevertheless, the unit modular system is restrictively applied to domestic market such as barracks, education facilities, low-rise housing. To motivate the application of unit modular system, this study figures out important attributes of the unit modular system in a domestic construction market. Finally this study suggest marketing strategies and influential factors by Importance-Performance Analysis(IPA) based on those attributes focusing on the apartment housing. As a result, Unit modular System in the domestic market has strength on constructability, but it show weakness on usability and economic aspects which are more important in apartment housing market. Thus an improved technology in usability and economic aspects are required to activate the market.