| Title |
Feasibility Analysis of Introducing CM at Risk Delivery Method to the Korean Public Construction Industry by Analyzing Attributes of the Projects |
| Authors |
Koh, Min-Hyeok ; Kim, Yea-Sang ; Kwon, Soon-Wook ; Chin, Sang-Yoon |
| Keywords |
CM at Risk Method ; CM at Risk-GMP Method ; CM at Risk-Cost Reimbursable Method ; Attribute of construction projects |
| Abstract |
A high degree of management skills and functions is essential to the success of construction projects. While the various construction management delivery methods have been realized as the solutions, Korean government is planning to introduce‘ CM at Risk Method’to the public construction projects. However, even if its effect has been verified successful in the international market, it must be considered before legally adapting the method that it would be suitable to our public sector. In this respect, the purpose of this study is to evaluate and analyze feasibility of‘ CM at Risk Method’. In order to do that, 15 attributes of construction projects were found, which were suitable to‘ CM at Risk Method’in general,‘ CM at Risk-GMP Method’, and‘ CM at Risk-Cost Reimbursable Method’and suitability of each attribute to each of 9 categories of public construction facilities was evaluated by questionnaire survey to CM specialists. Results showed that‘ CM at Risk Method’might not bring improper effect to the industry but due to the characteristic of public sector, the effect would be very limited. |