| Title |
Hierarchical Structure Analysis of Engineering Competitiveness in Overseas Construction |
| Authors |
Kim, Do-Yeob ; Kim, Hwa-Rang ; Jang, Hyoun-Seung |
| DOI |
http://dx.doi.org/10.5659/JAIK_SC.2016.32.8.35 |
| Keywords |
Overseas Construction ; Engineering Company ; Competitiveness ; Hierarchical Structure Analysis ; ISM ; MICMAC |
| Abstract |
Construction companies in Korea had advanced actively in overseas construction market in 2014, and had an outstanding performance in 2014 by ranking 5th in the world for overseas construction sales. However, global competitiveness and market share for Korean construction engineering companies is relatively low. This research analyzed previous studies and performed expert interviews in order to identify the necessary capabilities in performing overseas construction projects for Korean construction engineering companies. Through the extracted capabilities, Interpretive Structural Modeling (ISM) method was utilized to analyze the hierarchy of the various factors. Then, the derived hierarchy was portrayed using a Diagraph (directed graph), and the correlation between the factors were analyzed utilizing MICMAC analysis. Korean construction engineering companies may utilize the hierarchy of the derived capabilities in order to enhance its global competitiveness. |