Title A Study of Analysis for Impact Assessment of the Cost Risk-Factor on the Design-Build Projects based on Business Process
Authors Seo, Jae-Pil ; Lee, Sang-Hyun ; Song, Young-Woong ; Choi, Yoon-Ki
DOI http://dx.doi.org/10.6106/KJCEM.2012.13.3.014
Page pp.14-24
ISSN 1229-7534
Keywords Risk-Factor ; Cost ; Design-Build ; FMEA
Abstract Recently, a delivery system has been rapidly changed in the global construction market. Also, construction projects are becoming bigger and more technology-intensive. A lot of projects have been delivered by Design-Build(DB) System; from the standpoint of cost, approximately 40% of delivered constructions by a Public Procurement Service were DB in 2009. Nevertheless, the achievement has not surpassed our expectations on management of the project cost. On the characteristic of DB, the reasons why that happens are that projects contract have been signed after the Design Development Stage; the insufficient review about new technology and up-to-date construction methods; a lack of discussion in process of design. Those reasons cause a risk of increasing Cost of the projects. In order to solve these problems, it is desirable to find Cost-increasing factors in promoting the projects and select on the order of priority for Risk-Factor with careful management. Therefore, this study analyzed the weight of each phase of the project on the authority of properties of DB project, and identified Risk-factors which is increasing the cost on the aspect of project management. Based on this analysis, the impact assessment of Risk-factor is evaluated through the Failure Mode and Effect Analysis(FMEA).