INFORMATION SYSTEM FOR MANAGING COST REIMBURSABLE CONSTRUCTION PROJECT

Abstract

The project management information system (PMIS) has recently been developed by using the IT technology in order to implement advanced information management technology to construction industry in Korea. The PMIS has been applied not only to domestic construction projects, but also to some overseas projects executed by Korean construction companies. This study was performed to develop the PMIS that is tailored to the US construction IT market. The US construction IT market has been monopolized by the US-based IT companies, but other companies are recently emerging with competitive technology and market strategy. As a preceding study, existing systems commercially available were analyzed, and the required features of the PMIS were identified by analyzing the core elements of contract, process and cost management for construction projects in the US. The PMIS then was developed based on the aforementioned analysis results. The system includes the document management module with an internal electronic approval system, the cost-plus-based automatic labor cost calculation module, and the progress management module to support the integrated project cost management. In addition, the functionality of the developed system was verified by construction project management experts in the US via questionnaire survey. The PMIS, which was developed in this study, is expected to be applied not only to the US construction IT market as a system specialized for the US construction industry, but also to other overseas markets in the future.