Construction Management Articles
Construction management has encountered a number of schools of thought. Succeeding schools
of thought about management modify and extend existing ones but not supersede
them as they still continue to exercise sway over ways in which organizations operate.
Construction Loans and Alternative Finance sources
One of the major problems facing any business
enterprise is that of obtaining finance. This is a problem not merely of
quantity but also of type.
Strategic Management in Construction
Strategic management is a systematic approach to
major and increasingly important responsibility of general management to
position and relate the firm to its environment in a way which will ensure its
continued success and make it secure from surprises.
A brief on available scheduling techniques for construction management with a focus on
Q scheduling.
An introduction to essentials for validity of a contract, its breach and termination consequences.
An introduction to the estimation process in construction projects
Liquidated damages are: [ a sum which a party to a contract agrees to pay or a deposit which he agrees to forfeit if he breaks some promise and which, having been arrived at by a good faith effort to estimate in advance the actual damage which would probably ensue the breach, are legally recoverable
as agreed damages if the breach occurs.], what is the
difference between liquidated damages and penalties?
As an alternative to conventional contracts. The risks are taken out and dealt with separately. A better
solution for both Contractors and Employers. In giving a firm price, the Contractor enters into obligations to perform the work for that price. These are
his obligations but his motivation is to maximize his profit. This is why he is in business. From the moment the contract is
signed the Employer and the Contractor are, to a degree, adversaries. The common purpose is completion of the contract
but the Contractor, healthily pursuing his own interests, must do so at the best possible return to
himself.
The risks in connection with the construction industry, broadly grouped under technical risks, logistical risks, construction process risks, financial risks, and political risks.
The term value Engineering is being increasingly used. Find out how the concept of value engineering originated and what the definition is.
Single point responsibility issue: Clients want completion on budget, on time, and value for money but above
all they rightly expect their buildings to work when they are delivered.
There is a need for single point responsibility where the risks and responsibilities for the finished building are clearly defined and controlled by the party best suited to
carry the responsibility with a fair return.
Education, and Training issue: There is too little shared knowledge of the design and building
process. The architect understands design but often lacks detailed knowledge of the nuts and bolts (of building
assembly, while the contractor understands the problems of forming day joints in the concrete but not necessarily the engineering design principles.
Mostly building projects suffer delays from the initially planned completion dates. A survey was conducted amongst planners
trying to spot on the time influencing factors. Presented here are 23 project time- influencing factors traced by planners.
You may also check
CM reporter software
which explores the responsibility for the delay
Quality management is concerned with getting a product or service right first time and this implies that a firm undertakes its business in a systematic way
Construction safety needs to be given a prime concern in view of the recorded fatalities in this industry
Use of linear programming to solve frequently encountered problems in
construction management.
Recent developments in construction management techniques that would help achieving
a better control of costs
of construction.
It is suggested that the basic critical path
network technique is neither a true model nor the best approximate model of the
construction process.