Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Research proposal in risk management in construction
Research proposal in risk management in construction
Risk planning in construction projects
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Recommended: Research proposal in risk management in construction
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 severe lacking of application of planning and management procedures and practices. The dynamic nature of today's construction industry compels owners and contractors to pursue strategies that improve performance. The ongoing changes and fierce competition of the construction sector exacerbate the ability to predict implications of strategic decisions on company performance. However, decisions are usually made using limited analysis and based on intuition, or evaluated using conventional approaches, which ignore risks and uncertainties. So for this assignment I decided to devise a strategic plan of a hypothetical construction company.
Mission
As described in the introduction, the motivation for forming a construction company is to bring modern management and execution strategies into this relatively raw and immature field of small scale housing construction and there by providing cost effective, reliable and swift services to this industry.
Vision
The vision of the company is to be the market leader in the field of construction. The goals that we plan to set for this company are very much achievable because of the current state of this field in general. The construction industry In Pakistan is booming in general. There are a lot of large scale infrastructure projects being done all over Pakistan. Bridges, highways, industries, hotels, resorts, power plants, dams, residential Towers, sky scrapers etc are just a few of the areas in which a lot of work is being done. A lot of huge national and international construction companies are doing all of these projects all over the country. But in spite of this entire boom there are very, very few specialized construction firms that cater to ordinary people for building normal residential homes. I believe that a lot can be achieved in this area if modern construction tools, equipment, building techniques accompanied with modern management and resource allocation techniques are applied in this area.
Background Information In implementing a strategic plan for Coastal Medical Center, our consulting team has conducted many analyses and formed numerous strategies in order for Coastal Medical Center to be successful. Such assessments include an internal analysis, external analysis, gap analysis, and SWOT analysis. In conducting these analyses, our consulting team was able to better understand the internal environment, external environment, where the organization currently stands in terms of performance, and the major strengths, weaknesses, opportunities and threats that oppose the Coastal Medical Center. From our inquiry, we will be able to establish a strategic plan that best fits the organization’s needs.
Our Vision is to become one of the preferred choices of players in the construction industry
After analyzing the Coastal Medical Center, it is apparent that the employees and staff have no conception of the mission, vision, and values of this health care facility. In addition to this lack of structure, CMC has many projects in the midst of production that lack support of a common goal, employees are unsatisfied with their jobs, the two boards lack ability to agree on strategic decisions for the organization,, and the medical center has a dismal reputation when it comes to quality care.
New businesses will take longer to thrive with the United States falling economy. The faltering job market and the deepening slump in housing threaten to hurt consumer spending. Consumers are becoming more conscious of their spending and therefore using cash to pay for smaller necessary purchases. The cost of entertainment and other presumed luxuries may be pushed to the background by most families, when having to choose whether to pay for a bill or treat the family out. Thriving businesses will understand the need to provide a service or product at affordable prices.
This project took me through the history, training, and a day on the job. It could not have been a better experience, and this project proved that a career in construction management is a real possibility in the future. The history of construction management was not a shock, but it was a little bit of a reality check. It is common knowledge that the human race has been building things since the beginning of time, but what is extraordinary is to think about how far the world has come over the thousands of years. Men and women started living in small huts.
Henrico Court Appointed Special Advocates (“CASA”) was organized in 1994, as a nonprofit, 501(c)(3) corporation committed to advocating for the best interests of abused and neglected children in Henrico County, Virginia. The program has grown from 10 volunteers serving 26 children in its first year and now serves well over 300 children every year. CASA recruits, screens, trains, and supervises volunteers dedicated to championing the needs of children involved in Henrico County Juvenile and Domestic Relations District Court proceedings involving abuse or neglect, juvenile dependency, and CHINS (child in need of services or supervision). CASA promotes safe, permanent homes for all children, educates the community concerning the needs of abused and neglected children, and collaborates with other child-serving agencies on behalf of abused, at-risk, and truant children in the local area. Children with a CASA volunteer are more likely to be adopted, half as likely to reenter foster care, and substantially less likely to spend time in long-term foster care. They are more likely to pass their courses in school and less likely to be expelled.
Strategic Plan Review Corinna Rall, Kate Utgaard, and Melissa Rowe University of Mary Introduction Strategic planning is the foundation to future innovation and success for an organization. To further understand the concept of strategic planning, as it relates to the nursing profession, a strategic plan review was completed. Specific components of the strategic plan review include a review of strategic planning resources and generate of an annotated bibliography, a case study review and reflection of current practice were completed. Completion of the strategic plan review will enhance our understanding of nursing’s participation in strategic planning process to validate the need for nursing services
AMAN BUILDERS PVT LTD. SUMMER INTERNSHIP REPORT A report submitted in partial fulfillment of the requirement for the Bachelors Degree in Business Administration course of Amity University Submitted by AYUSH GOENKA (A1833311051) Under the Guidance and Support of Mr. AMRISH CHOBEY
In general, there are different types of procurement type for various situations, due to no one method can be suitable under the all different construction project. In this case, there are four procurement paths, which are traditional, design and build, management and design and manage, which will be advised to use. However, each method has different advantages and disadvantages. First, traditional path is the tender documents have been prepared and then invite the tender and the employer appoints the contractor to construct the project. There are several advantages of this traditional route in the construction industry.
According to Boards of Quantity Surveyors Malaysia (BQSM), currently, there are 345 registered quantity surveyor (QS) consultancy firms in Malaysia (BQSM, 2014). In order to remain competitive in the challenging construction industry, QS firms have to adopt the best strategy that suite them. Without proper planning, insufficient projects and remuneration will bring about bad cash flow and become eliminated eventually. Firm size is definitely affecting the choice of strategy used (Abidin, Nor’aini Yusof, & Adros, 2010). These firms may have different strategic orientation and affects the strategic planning process. Planning process will then bring impacts towards the firm’s decision in policy formulation and management style. Four types of categories are used to differentiate between these firms, which are the “Prospector”, “Defender”, “Analyser” and “Reactor” type. “Prospector” firms tend to be entrepreneurial, innovative and new opportunity oriented while “Defender” firms tend to defend the existing market. “Analyser” firms are the hybrid of “Prospector” and “Defender” types and may have relatively more stable and dynamic environment. The last type is the “Reactor” firm that have short term planning and changes continuously according to the latest needs (Hassan, 2010).
Strategic Planning for "Doing it for Jesus Bookstore " Strategic planning cause one to be dedicated working towards having a successful business. Being a Christian and having a relationship with God, one day when praying to the Lord about having extremely bad financial problems He spoke to me and said, "As a carpenter I used my hands to work. " God is tired of giving His people visions for businesses that fall through because we do not follow through.
Construction is a trillion dollar enterprise that has been vital to the expansion of civilization over the course of history; starting with the ancient Egyptian’s great and luxurious pyramids made of limestone, up unto the modern day mammoth skyscrapers around the world today; Most of these innovations incorporate three elements: Lumber, steel, and cement; Knowing how to work and maneuver these elements into a construction venture, in a safe and resourceful way, is a monetarily beneficial asset.
If asked what strategic planning is one could interpret it as simply a road map that can guide the organization in the right direction. It is very unlikely that an organization would know which direction to take without a sense of direction. Managers are faced every day with decisions that have a major impact on the direction the organization must take, therefore, strategic planning can play an important role in guiding managers in the right direction. In other words strategic planning is a tool that management can use to give them a sense of direction that will guide them in doing a better job and to ensure that all the members of the organization are working toward the same goals
This paper explores what it takes to be a construction manager and the responsibilities of being a construction manager and the skills that a construction manager should have. It also explores what good construction managers do to have success on their construction projects and the steps that a construction manager must follow to end a project and meet their deadlines at the same
Strategic planning is an organizational process in which it looks towards developing and sustaining success or balance in its ever changing environment.