Construction industry is one of the most important industry to a country’s economy development and productivity. Like many other American industries, the construction industry is being transformed to meet the new demand of the 21st century global economic development. This paper will analysis how resource allocation can impact a project management in construction industry and how can project manager use resource allocation to improve the project efficiency. 2. Construction Industry introduction
analysis in construction projects N.Hari Raghavan, M.TECH; C.Venkatasubramanian, Ph.D. Abstract Cost, time, risks and availability of funds are the key factors in any construction project. Project managers are prone to face various risk factors that affect project cost and time duration of the project. This paper concentrates on the effect of risks on the overall cost of the construction projects. Questionnaire was prepared considering various risk factors that are associated with construction process
Construction has made a vital contribution to the competitiveness and prosperity of the economy. However, the importance of construction industry to Hong Kong has been unjustifiably neglected by the government. The Hong Kong Government has not recognized construction industry as a pillar industry. In our opinion, construction industry has a potential for further development.Its importance will be illustrated from economic contribution and social contribution two perspectives in depth. In the economic
INDIAN CONSTRUCTION INDUSTRY Naveen Thomas Abraham1, A. Arokia Prakash2 1 Student, Construction Engineering and Management, SRM University, Chennai, 603203, naveennt2007@gmail.com 2Assistent Professor, Construction Engineering and Management, SRM University, Chennai, 603203, arokiaprakash.a@ktr.srmuniv.ac.in 1 ABSTRACT Strategic Management is a concept that concerns with making decisions and taking corrective actions to achieve long term targets and goals of an organization. The importance of strategic
during construction project implementation. Delay is to make something happen at a later time than originally planned or expected or the not have ability to finish the project within the given time and budget to be a long lasting problem. Delay also can be described by the situation in which you have to wait longer than expected for something to happen, or the time overrun is within completion time that has been agreed in the contract. Malaysia as the developing country which is the construction industry
TOPIC: IMPACT OF CONSTRUCTION MATERIALS WASTE ON CONSTRUCTION PROJECT IN RWANDA CHAP 1: INTRODUCTION 1.1 Background of the study On construction projects there are waste generated to material used during construction process due to frequent design changes , poor quality of materials , workers ‘mistakes during construction ,poor planning , poor site management ,ordering errors , material not in compliance with specification (T.C.Formoso, 2002) , effect of weather (S.Alwi, 2002) The major physical
Abstract The construction industry is large and diverse, with lot of companies and professional bodies. This makes it thought-provoking to develop a common vision and priorities. Activities in the industry are always term as project and these projects must be procured and managed thus making the concept of procurement and project management inevitable in the construction industry. This paper will begin by briefly introducing the reader to the construction industry and try to find and give appropriate
Abstract Briefing is the preliminary and most critical phase in construction projects which contributes to the success or failure of the project. One of the common characteristics of mega construction projects is that they include multiple stakeholders: Organizations, Clients, Governments sometimes, Consultants and the Recipients. Therefore, variable conflicts might occur between these stakeholders as a result of variations in interests, requirements, perspectives, expectations or methods of communication
Configuration control is a useful document that guides the construction engineers in delivering the final product that meet the client requirements and specifications; and that they are built according to approved design documentation. Configuration control consists of certain techniques, competences, and relevant structural tools, which enable the engineers to ensure the consistency of the design and physical properties, requirements, and functional features. Configuration control necessary for
A construction involves different activities and people from the initial planning stage through execution stage. PMs with lack of management skills will experience schedule delays and cost overruns. In 2008, CIOB conducted a survey into the management of construction industry and results indicated that more than two-thirds of the projects are not able to complete in the given time due to poor management (CIOB, 2008). In fact, an effectively managing the time and change are the two main key factors