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
Premium Construction Project management Risk
Construction Contract Assignment A normal contract is an agreement with specific terms to do something in return for something and follows the procedure of offer‚ acceptance‚ consideration‚ contractual intention and form of contract. A standard building contract in essence has a lot of similarities however there are four main differences making it ‘special’. A normal sale of good contract has a visible end product‚ in construction on the other hand it’s a concept to start with; this creates a large
Premium Contract Contractual term
barriers to entry may affect market structure In some market it is easier to enter than in others due to the barriers to enter. Those barriers determine how many producers there will be in a market and therefore its structure. If there are lot of barriers to entry there will be market structure such as monopoly or oligopoly; if there are no barriers to entry‚ or just few of them‚ there will be market structure such as perfect competition or monopolistic competition. When the barriers to entry are lots
Free Economics Perfect competition Monopoly
economic boom and liberalization in China provides a great opportunity for the foreign companies who want to shift the competition from individual countries to a global level. However‚ enter this huge market with what kind of entry mode‚ remain inconclusive. The choice of entry mode into the Chinese market for Icebreaker has a major impact on the success of a firm’s international operations. Not only the company will explore a huge potential in China‚ but also require a big input from Icebreaker
Premium Hong Kong Investment Han Chinese
Barriers to market entry include a number of different factors that restrict the ability of new competitors to enter and begin operating in a given industry. For example‚ an industry may require new entrants to make large investments in capital equipment‚ or existing firms may have earned strong customer loyalties that may be difficult for new entrants to overcome. The ease of entry into an industry in just one aspect of an industry analysis; the others include the power held by suppliers and buyers
Premium Barriers to entry Switching barriers
equipped with berths‚ pier‚ warehouses and other facilities. Besides that‚ E&O has introduced water limousine as a unique attraction as well as to connect Straits Quay‚ the Eastern & Oriental Hotel and Lone Pine Hotel which are all owned by the company. Its 12.4 acres of festival retail centre comprises a 3 storey building with a net lettable area 270000 sq feet and hosts about 100 tenants. It has a centre boulevard with north and south corridor. The retail mall at Straits Quay is opened since end
Premium Penang
dictionary. If one compares the general number of meanings of a word in different dictionaries even those of the same type‚ one will easily see that their number varies considerably. Compare‚ for example‚ the number and choice of meanings in the entries for arrive taken from COD and WCD given below1. As we see‚ COD records only the meanings current at the present moment‚ whereas WCD also lists those that are now obsolete. The number of meanings a word is given and their choice in this or that
Premium Synonym Meaning of life Dictionary
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
Premium Leadership in Energy and Environmental Design Construction Building
STATUTORY CONSTRUCTION PRELIMINARY CONSIDERATIONS 1. Statutory Construction - is the art or process of discovering and expounding meaning and intention of the authors of the law‚ where that intention is rendered doubtful by reason of the ambiguity in its language or of the fact that the given case is not explicitly provided for in the law - is the drawing of warranted conclusions respecting subjects that lie beyond the direct expression of the text‚ conclusions which are in the spirit‚ though not
Premium Law Statutory law
legally responsible for the events leading up to this negotiation. If we continued debating the merits of one another’s positions‚ we would have ended up in court‚ I would have declared bankrupt and Pat would have ended up receiving a much lower percentage of the owed amount. Fortunately‚ both sides realized this and the negotiation went smoothly. I know a deal would get done once we both agreed that it was important to talk about a solution not about blame. Both Pat and I focused on the numbers
Premium Contract Gentlemen's agreement Negotiation