Bonds LaShundra Hines Indiana Wesleyan University Personal Finance BUS 150 Keith Smith July 22‚ 2009 Construction Management The function of a construction manager is to advise and consult a client or owner concerning the programming and design of a project. This would include cost estimation‚ coordination of the work schedule ‚ equipment and material deliveries. A concern in the managers advisement and consultation is trade jurisdiction of the various contractors and the activity
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static. Organizational relationships are subject to stress and strains all the time. People’s attitudes and feelings keep fluctuating depending upon the socio-political changes in the community. Also in any organization‚ the primary responsibility of management is to ensure the viability & continuity of the enterprise. It involves financial liquidity‚ quality products that are both reasonably priced and in demand‚ and assured market for the products. Sick units‚ outdated technology and unstable markets
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Brandon Leung CAE 460 – KL February 2‚ 2015 Assignment #1 2.1: What are the three major types of construction bonds? Why are they required? Name three items that affect bonding capacity. Three major types of construction bonds are: Performance Bonds‚ Payment Bonds‚ and Securing Bonds. They are required because a bond allows one party (Obligee) to protect itself against default in a relationship with a second party (Principal). A third party (Surety) provides this protection. Three items that
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Sub: Construction Management 1. Explain the dealing with owners’ supplies. 2. Write short notes in the following. a. b. c. d. Guarantee Tests Demobilization Environmental case Testing commissioning and Trial Run. 3. Describe the purchase procedure in a construction organization . 4. Explain ABC analysis for a construction organization 5. What is Risk Identification Analysis and Classification? List out the Risk avoidance and Reduction measures. 6. Illustrate the financial model for a construction
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SUB: Construction Management Total Marks: 80 1. Explain the dealing with owners’ supplies. (5 marks) 2. Write short notes in the following. (20 marks) a. Guarantee Tests b. Demobilization c. Environmental case d. Testing commissioning and Trial Run. 3. Describe the purchase
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Construction Management and Economics (July 2005) 23‚ 595–607 Architects and contractors: a comparative study of organizational cultures N. A. ANKRAH1 and D. A. LANGFORD2* 1 2 Research Institute in Advanced Technologies‚ University of Wolverhampton‚ UK Department of Architecture and Building Science‚ Strathclyde University‚ UK Received 9 February 2004; accepted 26 January 2005 Conflicts between project participants have been identified in various construction industry reports as being
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same page the work will come to a crawl. Me and my team as well as project manager will set the bar‚ leading by example setting the standard at the 1st phase to final phase through time‚ quality‚ and safety. Time * We will implement lean construction working efficient maximize our value bringing in materials‚ as need to minimize our waste. For us to do this me some of my team and project manager will meet with my subcontractors once a week where we will coordinate key items and we look into
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ANTWAN HATCHETT INTRO TO CONSTRUCTION MANGEMENT CORNELIUS D. GRIGGS 1 page paper on why I choose construction manaement Construction has been in my background since 1988‚ when my father purchased his first piece of property. My brother and I wanted our room designed a certain way so we begged our father to fulfill our wants. In my father words‚ he said if you and your brother want your room other then the way im designing it‚ then you two have to help build it. And that started
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current BCA‚ all new homes in Australia (except New South Wales) are to be designed to be rated at 6 stars for thermal efficiency. A BCA Section J Report is required by local councils and building authorities when applying for a building permit or Construction Certificate (CC). The
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Challenges Facing Today’s Construction Manager Supplemental Reading for CIEG 486-010 Construction Methods & Management Bob Muir‚ PE Fall 2005 Challenges Facing Today’s Construction Manager By Bob Muir‚ PE Introduction There are numerous challenges facing today’s construction manager. Some are new to the industry‚ and some are centuries old. Many of these challenges are a direct result of construction operations‚ while others a result of indirect‚ peripheral activities. A surprising
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