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REFERENCE LINKING PLATFORM OF KOREA S&T JOURNALS
> Journal Vol & Issue
Journal of Construction Engineering and Project Management
Journal Basic Information
Journal DOI :
Korean Institute Of Construction Engineering and Management
Editor in Chief :
Samuel Ariaratnam / Hong Tae-hoon
Volume & Issues
Volume 3, Issue 4 - Dec 2013
Volume 3, Issue 3 - Sep 2013
Volume 3, Issue 2 - Jun 2013
Volume 3, Issue 1 - Mar 2013
Selecting the target year
Preparing a Construction Cash Flow Analysis Using Building Information Modeling (BIM) Technology
Kim, Hyunjoo ; Grobler, Francois ;
Journal of Construction Engineering and Project Management, volume 3, issue 1, 2013, Pages 1~9
DOI : 10.6106/JCEPM.2013.3.1.001
Construction is a competitive industry and successful contractors must be able to win bids to obtain projects. Cash flow analysis not only determines actual profit at the end of the project, but also estimates required cash resources or cash ballances at the end of every month. Cash flow analysis is important in managing a construction project; however, it requires extensive information that is not immediately available to the general contractor. Before contractors can perform cash flow analysis, they must first complete a series of pre-requisites such as the quantity take off, scheduling, and cost estimating, followed by accurate assessments of project costs incurred and billable progress made. Consequently, cash flow analysis is currently a lengthy, uncertain process. This paper suggests improved cash flow analysis can be developed using data extraction in Building Information Modeling (BIM). BIM models contain a wealth of information and tools have been developed to automate a series of process such as quantity takeoff, scheduling, and estimating. This paper describes a prototype tool to support BIM-based, automated cash flow analysis.
Using Real Options to value the flexibility of Engineering Management decisions in Infrastructure Projects
Koo, Bonsang ;
Journal of Construction Engineering and Project Management, volume 3, issue 1, 2013, Pages 10~13
DOI : 10.6106/JCEPM.2013.3.1.010
Determining on a particular construction method is typically decided in the initial phases of a project. However, changing conditions during actual construction may require a different method or technology to be employed. Providing an option for project managers to change construction provides flexibility that can increase value to the overall project. This research provides the ability to modify construction methods as a real option, which allows its value to be modeled. The research also formalizes a way to integrate a binomial lattice model with the Earned Value Method`s S-curve. The integrated model provides a decision support tool that planners can use to determine whether to exercise the option depending on the status metrics provided by EVM.
IFCXML Based Automatic Data Input Approach for Building Energy Performance Analysis
Kim, Karam ; Yu, Jungho ;
Journal of Construction Engineering and Project Management, volume 3, issue 1, 2013, Pages 14~21
DOI : 10.6106/JCEPM.2013.3.1.014
To analyze building energy consumption, the building description for building energy performance analysis (BEPA) is required. The required data input for subject building is a basic step in the BEPA process. Since building information modeling (BIM) is applied in the construction industry, the required data for BEPA can be gathered from a single international standard file format like IFCXML. However, in most BEPA processes, since the required data cannot be fully used from the IFCXML file, a building description for BEPA must be created again. This paper proposes IFCXML-based automatic data input approach for BEA. After the required data for BEPA has been defined, automatic data input for BEPA is developed by a prototype system. To evaluate the proposed system, a common BIM file from the BuildingSMART website is applied as a sample model. This system can increase the efficiency and reliability of the BEPA process, since the data input is automatically and efficiently improved by directly using the IFCXML file..
Formal Governance Mechanism and its Application in Construction Projects
Banihashemi, Seyed Yaser ; Liu, Li ;
Journal of Construction Engineering and Project Management, volume 3, issue 1, 2013, Pages 22~27
DOI : 10.6106/JCEPM.2013.3.1.022
Inter-organizational Relationships (IORs) governance is one of the emerging research areas that have been studied in different contexts (e.g. economics, strategy, organization, and management). This view, particularly, attracted rising attention from academics and practitioners in the context of construction projects, due to the complex forms of IORs in terms of inter-firm exchanges (e.g. engineering, procurement, finance, construction, and operation) in these projects. The focus of IORs governance is to control Inter-organizational relationships among two or more cooperative parties to alleviate conflict and achieve mutual gains. One of the mechanisms that have been identified in the related literature is formal governance mechanism. Although many empirical studies have been conducted using formal governance terms and indicators, there isn`t yet a consensual definition of this mechanism and its components that may cause misinterpretation of research results and also impede future research. This paper makes contribution to the concept of IORs governance by clarifying the meaning of formal governance mechanism and identifying different indicators of this mechanism that have been used and identified in previous studies. This provides an innovative and useful framework to understand formal governance mechanism and its application in construction projects.
Use of Recycled Brick Masonry Aggregate and Recycled Brick Masonry Aggregate Concrete in Sustainable Construction
Schwerin, Dallas E. ; Cavalline, Tara L. ; Weggel, David C. ;
Journal of Construction Engineering and Project Management, volume 3, issue 1, 2013, Pages 28~34
DOI : 10.6106/JCEPM.2013.3.1.028
Use of recycled aggregates in portland cement concrete (PCC) construction can offer benefits associated with both economy and sustainability. Testing performed to date indicates that recycled brick masonry aggregate (RBMA) can be used as a 100% replacement for conventional coarse aggregate in concrete that exhibits acceptable mechanical properties for use in structural and pavement elements, including satisfactory performance in some durability tests. Recycled brick masonry aggregate concrete (RBMAC) is currently not used in any type of construction in the United States. However, use of RBMAC could become a viable construction strategy as sustainable building practices become the norm. This paper explores the feasibility of use of RBMAC in several types of sustainable construction initiatives, based upon the findings of previous work with RBMAC that incorporates RBMA produced from construction and demolition waste from a case study site. A summary of material properties of RBMAC that will be useful to construction professionals are presented, along with a discussion of advantages and impediments to use. Several quality assurance and quality control techniques that could be incorporated into specifications are identified.
Quantification Model for Applying Construction Management Practices in Consideration of Project Characteristic Factors
Cha, Hee Sung ; Kim, Jin Lee ;
Journal of Construction Engineering and Project Management, volume 3, issue 1, 2013, Pages 35~38
DOI : 10.6106/JCEPM.2013.3.1.035
No single project is identical to one another in the construction industry. Furthermore, many construction projects are suffering from tighter budget, shortened schedule and higher client satisfaction level. To overcome these, project managers and engineers are willing to apply various best management practices to their projects. However, it is non-trivial to select the most appropriate practices for their projects. In many cases, it is much more important to find the appropriateness of the management practices than just to use the practices. Although many researchers are focusing on the development of new management practices, there is little research on matching between the circumstances of projects and the developed management practices. The objective of this study is to provide a structured process to suggest the best management practices for individual construction projects by developing a computerized system where an individual project is matched with the most optimal management practices to increase the value of the project. At this stage of writing, the authors have developed a computerized system to effectively find out the best suitable management practices for individual projects. By maximizing the usages of this system, it would facilitate the application of the best management practices in the industry.