| Title |
Internal and External Assessment of Contract Management Competences in the Overseas Construction Projects |
| Authors |
Park, Seunghoon ; Kim, Yea Sang |
| DOI |
http://dx.doi.org/10.6106/KJCEM.2017.18.6.109 |
| Keywords |
Contract Management ; competences ; t-test ; Borich Needs Assessment Model |
| Abstract |
Even though domestic construction companies are expanding into overseas construction markets, the profitability of overseas project are decreasing and finally some biggest domestic construction companies recorded heavy deficit one after another in 2013. Contract management, which si very deeply related to profitability, is the most difficult area to domestic construction companies, especially in Middle East and Asia where they have the highest market share and a high level of contract management is required. The purpose of this study is to assess their contract management competences to help them improve contract management skills and strategies. First, we defined the overseas project contract management process and selected competences from the each process stage. Then, we conducted a survey with overseas project experts. For considering their competences from various angles, we divided survey groups into domestic construction groups and other groups (Contract consultancy agencies and Construction research institutes) to understand the internal and external perspective of the domestic construction companies' contract management competences. The results of survey was analyzed by using paired samples t-test, Borich Needs Assessment Model and Independent t-test. We expected that the results of this studyc ould contributes to establish strategies for enhancing the domestic construction companies' contract management competencies. |