1.0 Introduction The construction industry much like other industries is dependant with the distribution of “scarce resources” (Drake,1994). Many of its resources known as the factors or production i.e. labour, capital, land etc. are limited (Gregory-Mankiw, 2008), however, wants and desires within the industry are infinite (Myers, 2013). Kishtainy notes that this creates two problems; at any given time, there will be a fixed number of resource, against numerous wants. Sloman 2003 adds that in an effort to rectify this, he argues that we must make choices, in terms of choices within the construction industry Myers suggested that firms need to considered their investments made, how they construct and for whom they construct for. UK Construction is directly effect by changes to the economy both domestic and foreign (Drake,1994) and is directly impacted by government policy (Myers, 2013). Sloman notes that output of the industry is a reflection of the demand, in this instance buildings and this in turn influences demand for other support services and products. Kishtainy notes that the Gross domestic product (GDP) can influence the demand for a service and determine the levels of employment within and industry. Drake (1994) and Myers (2013) indicate four underline principles that are the foundation to a construction firms; The Supply, the demand, the market and the business type. 1.1 Demand Sloman defines demand as; the volume desired by a client and depends on their
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?
The major political influences on the construction industry in London at the moment are the Mayor of London’s Sustainable Design and Construction Supplementary Planning Guidance to the London Plan, the Climate Change Action Plan, and the Governments lack of response to the effects of the recession. The recession has almost completely stopped the building of new houses and has led to the mothballing of most of the
Construction Management is the overall planning, outlook, coordination, budget and control of a construction project from start to finish. Without them, construction projects would be very unorganized and chaotic. They make sure projects run smoothly and efficiently. They work with electricians, plumbers, carpenters and general contractors to produce the safest and best way to complete the project for the customer. Being a construction manager is a good job because they help many people build what they need.
Within the construction industry, unpredictability is a constant because many factors influence the business. For example, technology, the economy, and competition are just some of the factors that affect the industry. Subsequently before moving forward with plans to export its architectural services, Sperry/MacLennan must address certain key issues.
Evolution of SCM started with manufacturing industry and retailers with construction industry been unable to adapt quickly but Akintoye et al, (2000); Vrijhoef and Koskela, (2000); Dainty et al (2001a) opine that many construction organizations have now realized and increase their interest in SCM concept. This approach is been used in tackling various problems associated with basic construction operations like: inadequate flow of information from the consultants to the contractor; inability to properly evaluate the risk associated with construction task; rise in price competition due to adversarial approach in material sourcing; dishonesty, environmental fear and frustration.
Construction accounts for 40% of the total flow of raw materials into the global economy every year some 3 billion cubic tons. The industry accounts for approximately 9% of Global Gross Domestic Product and in England alone provides employment for around 1.5 million people '
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
Construction industry is one of the oldest economy of the world and it use 40% of the resources which are taken out of the earth every year. Since ancient time wood has been one of the most widely used construction material which is only second to stone. Being a natural resource makes wood one of the most economical construction material also from a perspective of environment wood construction is eco-friendlier. Using wood for construction has two major climatic and environment effect. Firstly, material made of wood such as beam, trusses, furniture etc. act as a carbon storage. Secondly, the use of wood over other energy intensive material such as steel and concrete which are made from non-renewable raw materials which cause massive amount of CO2 emission during their production; wood is certainly favorable. Wood has also lower embodied energy content than competing structural materials. Apart of the ecological benefits a building designed using wood is substantial lighter than a building designed using steel and concrete. Heavy timber members have a compressive strength which is quite close to concrete and therefore could be used effectively to replace concrete.
The industry caters to both the public and private sectors. The type of construction can broadly be classified into three categories; residential, commercial and engineering construction. The demand and supply for these activities is driven by a number of factors such as population growth, changes to interest rates, inflation, income, government policies, availability of
There are numerous challenges facing today’s construction manager. Some are new to the industry, and some are centuries old. Many of these challenges are a direct result of construction operations, while others a result of indirect, peripheral activities. A surprising number of challenges are not construction issues but must be addressed and managed by the construction manager (CM) to ensure project success. Some of the construction issues include workforce considerations, safety, time constraints, and
However “the constructor sector has been affected disproportionately since the recession of 2008” and the gross value added (GVA) of the sector has been reduced from 8.9% in 2007 to 6.8% in 2011. Despite the recession in 2012, which was the third in five years, U.K’s construction sector is still one of the largest in Europe measured by employment, number of enterprises and gross value added (UK CONSTRUCTION: An economic analysis of the sector, 2013).
Productivity in construction is broadly outlined as output per labor hour. Labor Productivity in any construction project is units of work placed or produced per labor hour, which directly influences the total project cost, completion time period and project quality. Hence, it is very crucial for us to have in detail information of the factors which positively or negatively influences the productivity so that we can take required action to mitigate the negative effects and reinforce the positive effects. Moreover, aluminum formwork is the dynamic evolution the construction industry which has been adopted for advanced construction in various segments, hence its productivity is of utmost important for its complete acceptance in the industry. This research will focus on determining the factors which changes the output given by the laborers working with aluminum formwork. This will help in enhancing the physical progress of the project by applying the tool or remedy subjected to a particular factor.
An effective procurement plan and policy should set clear state roles and responsibilities, avoiding ambiguity and presenting a consistent framework for the council and its partners to work in (Chartered Institute of Procurement and Supply (CIPS) 2014). A procurement strategy should also take account of CBC’s need for projects delivered on time and within budget. The strategy aims to highlight the need for quality and sustainable development. The method of procurement depends on CBC’s need to be involved in the design process in new projects and the degree of certainty required with respect to cost of these works. For example there is a greater certainty of time and cost associated with the design and build form of procurement than with construction management or the traditional form of procurement. However CBC would have greater input in the design with the later forms of procurement than with the design and build option (Constructing Excellence 2004).
The Indian construction industry is an integral part of the economyin india and is poised for solid growth due to industrialisation, urbanisation and economic development together with people’s expectations of improved living standards level. The construction sector employs approximately 31 million people in India, accounts for some 6 to 8% of GDP and, after agriculture, is the largest employment sector in the country. The construction industry in general has been growing at 9 to 11% year on year, primarily due to the strength of increased domestic and international manufacturing activities and industrial growth. There have
In the year 2009, more than 150 incidents were reported where fatalities occurred due to workers colliding with construction equipment or other objects on site in The United States. (Marks and Teizer 2012). The number of these accidents causing deaths in this year accounted for approximately 18% of the total construction deaths and 3% of the total workplace deaths experienced that year (Marks and Teizer 2012). Construction Industry is considered as one of the biggest industries in the world. It plays a vital role in the economic growth of any country worldwide, as it contributes to a major portion of the gross domestic product of a country (Lee et al. 2009). In the U.S., it adds to almost 4.5% of the total GDP. Apart from this it also offers very high employment opportunities (Lee et al. 2009). Construction Industry while being one of the leading employing industries in the world also suffers from worker 's site safety issues. Managing the construction resources, such as equipment, labor and material is very important for any project to be successful.