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@article{ART002181165},
author={You, Jae-Kwang and Woo, Ji Won and 이동훈 and Cheong-Hyun Rho},
title={Characteristics and Implications of Managing the Construction Cost : Case Studies of the United Kingdom, France, and Germany},
journal={The Korea Spatial Planning Review},
issn={1229-8638},
year={2016},
volume={91},
pages={91-108},
doi={10.15793/kspr.2016.91..006}

TY - JOUR
AU - You, Jae-Kwang
AU - Woo, Ji Won
AU - 이동훈
AU - Cheong-Hyun Rho
TI - Characteristics and Implications of Managing the Construction Cost : Case Studies of the United Kingdom, France, and Germany
JO - The Korea Spatial Planning Review
PY - 2016
VL - 91
IS - null
PB - 국토연구원
SP - 91
EP - 108
SN - 1229-8638
AB - An additional indirect cost has been incurred by the delay of public construction projects. Main reasons of the construction prolongation, however, were reported due to the limited budget which were taking charge in the ordering agencies. As it is getting delayed longer, it is controversial to whom and how the prolongation cost will be charged. Therefore, this study deals with major reasons why construction costs occurs, institutional remedies such as a regulation and a guideline when it happens. In specific, the case studies of the United Kingdom, France, and Germany were throughly investigated. As the result of the case studies, the three countries commonly put tremendous efforts in the preparatory stage in a large scale of the public construction project. From the lesson, an in-depth review and consensus will be necessary from the planning stage so that we can be more prepared for the risk management in any case. Especially, the “reserve fund” from the United Kingdom is the desirable example for managing the additional costs from the construction prolongation so that we can avoid the unnecessary lawsuit and solve the issue amicably.
KW - Extension of Construction Period;Prolongation Cost;Government Budget;Reserve Fund;System
DO - 10.15793/kspr.2016.91..006
ER -

You, Jae-Kwang, Woo, Ji Won, 이동훈 and Cheong-Hyun Rho. (2016). Characteristics and Implications of Managing the Construction Cost : Case Studies of the United Kingdom, France, and Germany. The Korea Spatial Planning Review, 91, 91-108.

You, Jae-Kwang, Woo, Ji Won, 이동훈 and Cheong-Hyun Rho. 2016, "Characteristics and Implications of Managing the Construction Cost : Case Studies of the United Kingdom, France, and Germany", The Korea Spatial Planning Review, vol.91, pp.91-108. Available from: doi:10.15793/kspr.2016.91..006

You, Jae-Kwang, Woo, Ji Won, 이동훈, Cheong-Hyun Rho "Characteristics and Implications of Managing the Construction Cost : Case Studies of the United Kingdom, France, and Germany" The Korea Spatial Planning Review 91 pp.91-108 (2016) : 91.

You, Jae-Kwang, Woo, Ji Won, 이동훈, Cheong-Hyun Rho. Characteristics and Implications of Managing the Construction Cost : Case Studies of the United Kingdom, France, and Germany. 2016; 91 91-108. Available from: doi:10.15793/kspr.2016.91..006

You, Jae-Kwang, Woo, Ji Won, 이동훈 and Cheong-Hyun Rho. "Characteristics and Implications of Managing the Construction Cost : Case Studies of the United Kingdom, France, and Germany" The Korea Spatial Planning Review 91(2016) : 91-108.doi: 10.15793/kspr.2016.91..006

You, Jae-Kwang; Woo, Ji Won; 이동훈; Cheong-Hyun Rho. Characteristics and Implications of Managing the Construction Cost : Case Studies of the United Kingdom, France, and Germany. The Korea Spatial Planning Review, 91, 91-108. doi: 10.15793/kspr.2016.91..006

You, Jae-Kwang; Woo, Ji Won; 이동훈; Cheong-Hyun Rho. Characteristics and Implications of Managing the Construction Cost : Case Studies of the United Kingdom, France, and Germany. The Korea Spatial Planning Review. 2016; 91 91-108. doi: 10.15793/kspr.2016.91..006

You, Jae-Kwang, Woo, Ji Won, 이동훈, Cheong-Hyun Rho. Characteristics and Implications of Managing the Construction Cost : Case Studies of the United Kingdom, France, and Germany. 2016; 91 91-108. Available from: doi:10.15793/kspr.2016.91..006

You, Jae-Kwang, Woo, Ji Won, 이동훈 and Cheong-Hyun Rho. "Characteristics and Implications of Managing the Construction Cost : Case Studies of the United Kingdom, France, and Germany" The Korea Spatial Planning Review 91(2016) : 91-108.doi: 10.15793/kspr.2016.91..006