| Title |
Evaluation of CM Capability based on Business Functions for International Plant Construction |
| Authors |
Ha, Jiwon ; Jung, Youngsoo |
| DOI |
http://dx.doi.org/10.6106/KJCEM.2014.15.6.003 |
| Keywords |
International Plant Construction ; Business Function ; CM Capabi lity ; GAP Analysis |
| Abstract |
Ever expanding overseas construction is one of the most important issues for Korean construction companies. Among these issues, strategies for overseas plant construction have widely been discussed, because the plant construction has features of low competitiveness and high ripple effects when compared with other construction sectors. In this sense, the purpose of this research is to evaluate the CM capability of Korean construction industry for overseas plant construction. Fourteen construction business functions and four techniques were defined first. Based on these functions and techniques, CM capability was quantified for As-Is (2013), To-Be (2018) and Gap analyses. Findings of this research reveal that 1) capability for construction is quite competent, 2) capabilities for planning, design management, contracting, and risk management are found to be relatively low, where higher value can be added. In addition, it is found that R&D needs to be extended to develop systemized management techniques. It is also required to secure specialists and original technologies at national·industrial level. |