Strategic Plan for a Construction Company

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Strategic Plan for a Construction Company

Introduction

Recently as 6 months ago I was involved in the reconstruction and up gradation of my own house. The process lasted 1 and half years due to various reasons, some of which were that we were also living in the same house and the upper story was being built, availability of funds, lack of time on our part etc. But apart from these aspects I learnt that the construction business of today lacks many things. One such thing was that there are no truly professional construction firms that cater to the rather small scale construction of urban houses. The traditional "Thekedars" prevail in this market sector. These people usually have a team of un educated mistries and mazdoors. There is a
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Most of the workers are not enough educated to understand the need and effectiveness modern tools. Most of them are even unable to operate a little bit sophisticated equipment.

Second thing that is often observed is that the measurements and analysis of materials to be used is mostly based on intuition and rough estimates rather then being accurately analyzed and measured. This often leads to either less then required material which can be potentially dangerous, or in some cases more then required material which can be an over kill. This results in undue cost increase.

Thirdly there are very little practices in place to measure and certify the quality of work that is done at each stage of the construction. The result of this is that when a stage is near completion and there were deficiencies that were not detected at a previous stage it becomes time consuming and costly to rectify them at the current stage.

Another important lacking is the lack of performance and pace analysis of the workers involved. Due to these reasons most projects fall short of the dead lines if at all there was a dead line in the first place. This increases the cost as well as the time of the over all process.

Strategic goals and strategies

The basic goal of the company is to modernize the construction business by introducing proper analysis, measurement and management procedures in this field. In order to bridge the gaps identified in the earlier portion it is necessary to
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