I Am An Elder Son Of A Real Estate Banker

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

Many people around the entire world do not possess the knowledge of the different types of constructions and if there is a specific reason this construction are made in certain way or area of the world. Construction is more complex than just building an infrastructure or a facility. It takes planning, land property inspection, design, in numerous occasion financing and the process ends once the project is built and ready for use.

We are requested to assist the building with creating a method of construction cost data for client throughout the pre contract. The task of data collection is a difficult procedure and can be include to wide variations. Based upon our experience as quantity surveyors we chose to develop a cost data collection method. Our define construction line items and quantities for relativity building types.

Professional behavior and discipline is always expected of the cost estimator since construction estimating tends to be highly technical. Estimators must also exercise holding good morals, because more often than not they receive pressure from other members of the construction team to make short-term decisions that can lead to inaccurate estimates. Resistance to this type of pressure is a part of the estimator’s job and can be beneficial to everyone in the long run. Integrity is another trait expected upon the estimator. Another important trait is to have good judgment. This is a skill obtained through proper training as well as extensive experience in the construction field. The proper use of judgment could mean the difference between profit and loss for the company or client. Estimators should approach each estimate with a professional

The design and construction of buildings can be a complicated business involving different professions, contractors, sub-contractors and operatives. This type of work is varied and employs many construction personnel with different roles and responsibilities, working together to complete a project in as successful way- on time, on budget and to the right specification. A large project would involve a great number of different activities:

The construction industry is a major contributor to the world wide. The long term objectives of any

The Construction sector is one of the largest industries in the globe and brings in trillion dollars in annual revenue. Don’t believe it? Look around you, and open your eyes to the built environment. Just about anything directly correlates to a construction firm, or a construction manager. From your home, to your local park, from from your car, to your cell phone, all these things wouldn’t be there if it weren’t for the project manager who took a set of plans, and brought them to life. When someone notices a dynamic structure, or an aesthetic building, they should say, “Wow, who built that?” instead of asking, “Who designed that?” While an architect can design something captivating on paper, the real captivation comes from the challenge of the physical construction itself.

I have gained appreciation of the commercial pressures that the construction industry is exposed to and how our work as structural engineers is influences by it. I have developed this understanding through working my projects London Wall Place and Key Bridge House, through graduate training, reading on the subject and taking part in the Enginuity competition.

In the last few decades, the quest for continuous improvement and innovation has led to the discovery of new approaches to best practice by different players in the construction industry in the United Kingdom. These efforts have been initiated with the view to increase understanding of the needs of key business areas as well as increase client, users and stakeholders ' value. In this regard experts in the field of construction have proposed "rethinking of construction" (Egan 1998) by strategically rethinking operational stages in order to decrease cost and improve performance. One of these strategic operational stages, called the briefing process has perked the interests of the researcher in the course of producing a report

The building and construction industry is a wide industry that encompasses many professionals. No one person does all the work from start to finish, many people are involved in teams that contribute to each stage of the works until completion.

“In competing for construction contracts, a contractor can formulate various bidding strategies by allocating resources in different ways, which will present different levels of competitiveness. Nevertheless, the contractor 's most competitive bidding strategy should allow him/her to present his/her maximum competitiveness through allocating his/her resources in an optimal way to meet client 's objectives, which helps to increase the winning opportunity in the bidding process (Tan, 2008).”

Procurement activities and choices constantly evolve as the needs to ensure construction project successful is eminent. According to JCT (2011), procurement refers to a generic term that embraces all relevant activities undertaken by a client to implement a construction or refurbishment project. It is important that the basic principles such as selection process, the relationship between the client and contractors, responsibilities and management are always there. As a private developer in Chelmsford wanting to pursue in making sure a successful completion of building a new food store with 37 residential units with flexible floor space and associated car parking facility, it is important that the contract placed ensures it covers every aspect of necessity for the successful project completion.

Construction activities are increasingly becoming more demanding in today’s dynamic world in terms of delivery and complexity hence requires proper management to ensure its timely delivery to desired standards. In order to meet planned targets it is vital to plan and sequence tasks at both (macro and micro) levels along with flow of resources for the activity. It is required to plan work and resources in a manner that the available resources can be best utilised to obtain optimal output.

Construction is one of the major industry which involves a huge amount of capital and requires human resources, equipment’s, tools, materials and proper technique (Project Management Institute, 2013). In construction projects project manager is required to fulfil the needs of the client in terms of terms of cost, timely delivery and quality. Project manager is the one who identifies the various processes required to carry the project and is responsible for the various activities, relative dependency among the various activities to carry out the process and thus, the construction (Project Management Institute, 2004). Tinnirello (1999) points out that in order to complete the project on time and in definite budget a project manager must keep track on all the activities and actual processes. A study by Gregory (2011) shows that to fulfil the expectations and needs of the client project manager must apply proper skills, techniques and knowledge in the project. According to Sharlett (2009), the manner or way in which project manager supervise the project has the direct influence on the result of the project. To get a utmost benefit for the money invested in a project, the project manager must have a reliable team consisting of skilled human resources and the project manager shall work as a team leader to carry out the project within the cost limit. (Herkeens G.R, second edition, 2014)

Our research is applied for a specific package of construction projects (concrete work) based on 17 projects with a 115 records.