Construction Industry Essay

Managing and implementing sustainability requires the commitment of all stakeholders and new ways of working, thinking and learning. [4]” The paper highlights the importance of a coordinated supply chain action in the construction sector and emphasizes the need for construction companies to train and invest in resource- efficient building methods and practices. This will manage the balance between stability and change [4].

Over the past few years, the construction industry has been changing dramatically. One of the most important stages in the construction management and business management is the planning phase. They share similar two main levels of planning which are the strategic and operational planning. However, business management planning to decide in advance what should be done, and how to do it, when you do and you are done. On the other hand, Construction management strategic planning is to deal with selection on a high level of overall objective of the project, including the scope, procurement methods, schedules and financing options but the planning of operations, including the

Supply chain management is a practice that involves the planning, supervision, and implementation of strategies and controls to direct the movement of goods and services provided to customers. The intent of this essay is to incorporate a synopsis of existing literature and to provide the reader with a general understanding of how supply chain management correlates with the organizational design and structure of modern firms. The essay comprehensively reviews the components of supply chain management and their integration with functional areas within an organization. The information presented in this essay

Clough, Richard H, Glenn A. Sears, S K. Sears, Robert O. Segner, and Jerald L. Rounds. Construction Contracting: A Practical Guide to Company Management. , 2015. Print.

1. Name and briefly describe each of the two basic types of competitively bid construction contracts. Which type would be most likely used for building the piers to support a large suspension bridge. Why?

Retail super-giant Wal-Mart has fought its way to becoming the world's largest company. Much of their success can be attributed to providing a vast assortment of products at exceptional prices all under one roof. Wal-Mart began operations in 1964 and has since become the world leader in retail. Today, Wal-Mart is visited by 138 million customers per week at their 4,750 stores. Wal-Mart operates under four basic rules in order to satisfy such a large number of customers:

In my opinion, this way would not be a good way to determine the benefits of BIM when compared to the other two researches because, in this case, the response level was observed as 70%, and the others were case studies, which means they have been already implemented in the field on the site of construction. Two projects were selected where one of it followed BIM techniques and the other didn’t right from the beginning of construction. And from the literature review it is observed that the projects followed Integrated Project Delivery method where the planning starts from the pre construction phase of the project, and this project delivery method is the efficient way of project delivery method since all the teams will be coordinated much before the pre construction phase of the project. The case study presented in the first paper was based on owner's perspective and had less visibility to the contractor or designer. Apart from this, some of the data available was historical, thus an ideal state would be proper tracking of metrics by the team while

In construction projects, mostly the firms (in this case the firms become client) do not have the skills or develop skills inside the firms to undertake the projects due to amount of the projects should be conducted or the complexity of the projects (Reve and Levitt, 1984). Therefore, the economic decision to conduct the projects is to procure them to third parties. However, more commonly the client agonize the final quality of the projects will meet standard requirements. Thus, impacts to involvement of complex contracts of construction procurement.

Choosing construction management as a procurement strategy means the client is responsible for leading the

Construction projects are always unique and risks raise from a number of the different sources. Construction projects are inherently complex and dynamic, and involving multiple feedback processes. A lot of participants – individuals and organizations are actively involved in the construction project, and they interests may be positively or negatively affected as a result of the project execution or project completion. Different participants with different experience and skills usually have different expectations and interests. This naturally creates problems and confusion for even the most experienced project managers and contractors.

According to our class text Supply Chain Management’s goal is to create fast, efficient, and low-cost network of business relationships to get a company’s product from concept to market. In order to understand the goal we must know that the supply chain is the process the raw materials of a product go through in order to be available to the consumer. The relationships that the business creates are needed in order to create the product, each process the product goes through creates value, the supply chain is often called the value chain. Internet technologies are increasingly making the supply chain management process much more efficient and worth the initial investment. The supply chain management life

1. For the following types of undertakings, which contract modes are most appropriate? Be prepared to explain the rationale behind your choice.

To select a suitable procurement strategy for a construction project, there are some issues which need to consider. From all of those issues, there are 3 big issues that mainly affect the selection decision which are time, cost and quality. There is several type of procurement strategy available in market that commonly used for construction project and each of the common method will be analyze and compare to find the most appropriate method for this project. The choice of procurement strategy is very important to the success of a construction project. Therefore, the characteristic of each strategy have to analyze and also its relative advantages and disadvantages. A recommendation of most appropriate procurement

In the present scenario, BIM acts as an important key tool for growth in Architecture, Engineering and Construction (AEC) industry globally. As per Mc Graw Hill construction Report (2012), the percentage of BIM adoption in the United States of America (USA) is been gradually expanded from 49% in 2009 to over 71% in 2012. And by United Kingdom Government in 2011, BIM is mandated in Government Projects to reduce delays of projects, carbon level, and cost overruns. And also in Singapore Government provides funds for adopting BIM and to increase its usage among AEC industry (Kushwaha and Adhikari, 2016)- P526. And Even the Global Construction sector output will be augmented from US$ 7.7 to US$ 25 Trillion by 2025. And also, the growth is expected to increase from 35% to over 55% by 2020. But, In contrast of it, Indian counterparts are not tapping the true potential of BIM tools and using them for visualizations and walkthroughs (Autodesk, 2005) (Kushwaha

The BIM introduction into the New Zealand’s construction industry has been discovered as the step to improve productivity and to improve efficiency. This paper seeks to the application of BIM to the New Zealand construction industry successfully and to the proper analyzing of the growth of BIM in New Zealand. Also this report elaborates the opportunity of BIM in New Zealand’s construction industry as well as compared with the other major countries using BIM. Furthermore, in this literature, the future expectation of BIM in New Zealand is discussed.