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Latest Project Management News and Articles..come back soon for more updates...Job Detail Business Development Manager ( Defence Industy ) (E4: Engineering) The New Business Model in Construction Contracting. There is a new business model in Construction Contracting. It has been the culmination of years of changes in the construction industry. Some of these changes were fair and some unfair. However, there are conditions under which contractors work under. To a normal person, the construction industry is not a rational place. There are hundreds of market segments. Specialized trade skills define most contractors. That skill is what contractors trade with clients to receive income. Each market segment is defined by the geography. Individual counties where work is put in place have their own codes, inspectors, political issues, etc that cause frustration when an outside construction company enters it. Each contracting firm is unique. The owner usually has grown the business from zero revenue to its present day volume. He or she along the way has made thousands of decisions of how the wok will be built, how it will be estimated and how it will be tracked. These series of decisions gives the construction firm a unique way of conducting its business. The construction industry has a million moving parts. There are thousands of steps to build one project. They can be done in any sequence. The outcome will be a disaster but, steps are not ordered. It is only the project team that determines the order. For the contractor's part, he or she has hundreds of steps to execute on an individual project. Again, they can be done in any order, however the above average contractor insists on mapping the major steps in a good sequence and the execution of those steps. Discipline has to be part of the new business model in Construction Contracting. Govt seeks new land for border project (The Jakarta Post) Project Management Methodology Released (PR Web via Yahoo! News) Job Detail Project Manager - Major Projects (E4: Engineering) Project Management Methodology Released (PR Web) |
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