stage. This involves preparing a cost plan and doing cost checks. COST CONTROL Seeley (1993) defines Cost Control as “all methods of controlling the cost of building projects within the limits of a Predetermined Sum throughout the design and Construction stages. NB: “Cost” as used here refers to the cost to the client not the contractor. IMPORTANCE OF COST CONTROL 1. The need to complete building projects is becoming increasingly important to clients. Very few clients will tolerate
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“Safety in Building Construction and Construction Site” by Ke Geok Chuan‚ Director‚ Policy and Research Division‚ DOSH Malaysia There are two (2) acts in Malaysia that govern the building construction activities‚ that is The Factories and Machinery Act 1967 and The Occupational Safety and Health Act 1994. However‚ the Department of Occupational Safety and Health (DOSH) which is under the Ministry of Human Resources is the lead authority in the enforcement of such law
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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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Volume 3‚ Special Issue 1‚ 2010 Evaluating Research Methodology in Construction Productivity Studies Panas‚ A. and Pantouvakis‚ J. P. cvapanas@mail.ntua.gr and jpp@central.ntua.gr Centre for Construction Innovation‚ Department of Construction Engineering and Management‚ Faculty of Civil Engineering‚ National Technical University of Athens‚ Greece Abstract Despite the large number of published papers in the area of construction productivity‚ a critical review of contemporary thinking with a
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Turner Construction Company: Indicated Outcome Report System Turner is one of the largest building services and construction contractor companies in the United States. It presents “a network of offices in North America and around the globe‚ with a staff of 5‚000 employees‚ and as a North America-based‚ Turner´s operation was divided into territories where each one is headed by a territory general manager (TGM)‚ who are able to offer clients accessibility and support.” Turner being such a large
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PORTFOLIO CONSTRUCTION USING SHARPE METHOD A PROJECT REPORT Table of Contents Executive Summary 3 Introduction 4 The traditional Approach 4 The Modern Approach 4 Need for Study 5 Objective 5 Limitations 5 Literature Review 6 Research Methodology 8 Analysis and Interpretation 10 Findings 13 Recommendations 13 Conclusions 13 Bibliography 14 Executive Summary An equity portfolio consists of two or more securities. Individual securities have risk and return characteristics
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REPORT ON E-PROCUREMENT Case on General Motors • What business is the organization in? General Motors‚ as a representative U.S.–based automobile manufacturer‚ has several characteristics that make it a perfect fit for e-procurement and a great example of how e-procurement is reshaping U.S. Manufacturing. First‚ GM is the major part of a large supply chain. The scope of this supply chain and the role of GM in it is reflected in its annual $63 billion procurement expense. The cost
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The Call for Sustainable Construction The construction of buildings in the United States accounts for thirty percent of waste output annually. The construction of these buildings also consume seventy-one percent of the total electrical energy in the U.S. Due to the diminishing health of our planet‚ it is evident that sustainability in construction is a necessity. Sustainable‚ or green‚ buildings are not only beneficial to the planet‚ but also to the owner‚ the designer‚ and the builder. Sustainable
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Name: Abubakr Mohammed Assessor Name: Paul Mohammed Sustainable Construction Learner Name: Abubakr Table of Contents Task 1 (P1) Six features of the natural environment that suffer as a result of bad practice………..…. 3 Task 2 (P2) 4 different forms of global pollution arising from construction projects ……………….....5 Task 3 (P3) 4 different forms of global pollution arising from construction projects....‚‚‚‚‚‚‚‚‚‚‚‚‚‚‚‚. 7 Task 4 (M1) pote
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Construction Methods and Building Materials Introduction Building design Plans and models 1 Arnold 1991: 7-10 Construction Methods and Building Materials A scene from the Hypostyle Hall showing the “stretching of the cord” ceremony for Karnak. Proportions The Akhmenu festival hall. 2 3 4 5 6 7 Sullivan 2008‚ Construction methods. Digital Karnak. 2 Arnold 1991: 7-10‚ 251 Robins 1997: 107-109‚ 141-142 Arnold 1991: 252-253; Clarke and Engelbach 1990: 64-65 Golvin
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