Title A Competitive Advantage Analysis of Construction Duration through the Comparison of Actual Data ofDomestic Construction Firms
Authors Ryu, Han-Guk ; Kim, Sun-Kuk ; Lee, Hyun-Soo
Page pp.138-147
ISSN 1229-7534
Abstract Construction companies have been interested in the construction duration which importantly affects the performance and thesuccess of the construction projects in accordance with the systemic changes such as five days per week system, introduction ofconstruction duration reduction bidding system and post sale system nowadays. It is also very important to estimate and forecastproperly the construction duration as the construction companies compete for the projects in the situation of construction marketreduction and the lowest bidding system. Recognizing the importance about the construction duration, the researches aboutcomparing and analyzing or estiamting the construction duration have been performed. However, comparing studies about theconstruction duraion have been limited to the apartment and office building in domestic area. Many studies about forecastingconstruction duration have been performed through stochastic analysis and simulations. Little research has been addressed thecomparison analysis of the real construction duration about the mix-use building and officetel building which occured accordingto the changes of the building requirements. Therefore, the objective of this study is to compare and analyze the real coonstructonduration and the hypothetical construction duration about the mix-use building and officetel building of the domestic companies.Moreover, we select the most competitve construction company to get the strengths and analyze the competitive advatages of theconstruction companies about construction duration.