ECONOMICS FOR CONSTRUCTION AND REAL ESTATE Kwan Tsz Him (11168188D) Kwan Cheuk Pui (11055717D) Cheng Ming Xian (11704592D) Introduction Although Hong Kong has less land‚ there are always construction projects happening everywhere in Hong Kong‚ for example‚ West Kowloon Cultural District development‚ Kwun Tong redevelopment project‚ etc. However‚ workers and capital involved in the construction industry have been decreasing. In this report‚ we will discuss whether the construction industry is the
Premium Construction Building Architect
Delays of the project may lead the employer to suffer in hardship‚ expense‚ or loss of revenue. Thus‚ the employer may claim against the contractor a delay to the works or a defect in the works. In this case‚ when delays occur‚ the employer may have the right to claim the LAD to recover his losses such as the loss of income‚ the cost of alternate facilities‚ increased financing cost‚ extended overhead costs‚ and loss profits. Normally these claims would make under the LAD clause to reimbursement
Premium Contract Tort Breach of contract
“Take the notion of tradition: it is intended to give a special temporal status to a group of phenomena that are both successive and identical (or at least similar); it makes it possible to rethink the dispersion of history in the form of the same; it allows a reduction of the difference proper to every beginning‚ in order to pursue without discontinuity the endless search for origin.” -Michel Foucault (The Archeology of Knowledge) Advances in contemporary neuroscience and cognitive psychology
Premium Social constructionism Human Linguistics
The “Social Construction of Reality” is a work of hypothetical reasoning to the redefine the task and to broaden its range to understand the redefining of sociological knowledge. Peter L. Berger and Thomas Luckmann both argue that reality is socially constructed by the knowledge of the people for social reality is produced and communicated amongst others. They emphasize on the fact that human is a part of a product of society and vice versa: society is a product of human. Berger and Luckmann follow
Premium Sociology Social constructionism
D1 - Assess the importance of addressing environmental issues for the mutual benefit of the community and individual construction firms. The importance of addressing environmental issues for a construction project that will benefit the community and local construction firms is vitally important on everyone’s agenda; it will help firm’s reputation with the local community and authority massively. This can be from using locally sourced materials e.g. materials that can be used without any bad
Premium Building Construction Architecture
"Identifying Root Causes of Construction Accidents‚" the authors‚ Tariq S. Abdelhamid and John G. Everett (2000) presents the development of an Accident Root Causes Tracing Model (ARCTM) that is capable of answering why the accident occurred by identifying possible root causes so that more effective methods for preventing accident can be identified and applied by labor and management. Three examples are examined to explain the use of the model‚ understand construction site’s accidents and identify
Premium Accident Construction Causality
safety and health management as the foundation to ensure the safe work environment in construction work place Construction is noisy‚ dusty‚ hazardous and sometimes the most uninhabitable work place one can ever be exposed to. It is also an industry that contributes persistently to high accident rates; especially fatalities. Everything that is taboo in the safety practitioner’s book can be found in the construction site. For example‚ employees are easily exposed to hazardous substances such as paints
Premium Occupational safety and health Construction
Structural Applications of smart materials in construction engineering using robots. 1‚2 Suhrit Majumder1‚ Nitish H.2 Student‚ BCA - PES Institute Of Technology‚ Bangalore - 560085. suhrit_majumder@hotmail.com1‚ lionnitish@gmail.com2. Under the guidance of : P.S.Kannan‚ HOD-Dept of BCA‚ PESIT‚Bangalore-560085 Emailid: kannan@pes.edu V.Srikanth Asst.Professor-MCA dept PESIT‚Bangalore-560085. Email:srikanth.v@pes.edu Santosh Katti Lecturer‚dept of MCA PESIT‚Bangalore-560085 Emailid:santosh_katti@pes
Premium Construction
Footprint Calculation CO2 Emission‚ Energy Consumption and Water Consumption due to Pavement Construction and Usage Darío Enrique Romero Santana Department of Civil and Construction Engineering‚ Western Michigan University 4601 Campus Drive‚ Room G-249 Kalamazoo‚ MI 49008 United States Introduction Footprint is defined as the “measurement of how much land‚ water and natural resources a person‚ city‚ country or humanity as a whole requires to produce the resource it consumes”‚ (Edelman Darym)
Premium Energy Transport Carbon dioxide
Executive Summary Happyland Construction‚ an engineering firm engaged in the design and construction of oil shale plants‚ is building a new plant in Blissful Valley that requires the use of a new piece of equipment‚ a new crane. The GargantuLift 6000 crane model produced by Mega Corporation is the recommended crane by engineering‚ maintenance‚ finance‚ purchasing‚ and management staff. Senior management needs to decide whether it is more beneficial for Happyland Construction to purchase the crane outright
Premium Costs Construction Total cost of ownership