University Modular Framework Construction Economics [pic] Module Guide 2011/12 Module Tutor: Dr. Turker Bayrak Module Title: Construction Economics‚ LEM2030 Module Value: 1 (20 credits) at level 4 Rationale: This module aims to develop decision making skills by introducing economic principles that underpin construction industry. This module provides an insight into the ways in which the economic environment affects the construction industry. The module has been designed
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construct. For instance‚ If you believe social constructions aren’t real‚ then please take out all the bills in your wallet and pass them up to me. Money is an example of a social construction that plays an extremely important role in our everyday lives. All those paper bills and coins are "just" paper and metal‚ and all that money in your bank account is "just" some numbers in a computer. Think about that for a moment. You may ruin the economy construction‚ which is assumptions on based on reality‚
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critically analyse the social construction of poverty by underlining the issues. In this essay I will attempt to explore how a social problem is ‘constructed’ and how poverty has been constructed into such a problem. It will explore how poverty is defined and how it has been considered as a deviation from the norm by discussing the distribution of power and how it influences the construction of a social problem‚ how cultural values play a part in the social construction process and finally I will look
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References: Cheung‚ S.O. 1999. Critical Factors Affecting the Use of Alternative Dispute Resolution Processes in Construction. International Journal of Project Management‚ 17‚ (3). pp 189-194. Acharya‚ N.K‚ Lee‚Y.D.‚ Kim‚ J.K. 2006. Critical construction conflicting factors identification using analytical hierarchy process. Volume 10‚ Issue 3‚ pp 165-174. http://link.springer.com/article/10.1007%2FBF02824057?LI=true. (accessed Dec
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TASK 1 1.1 Explain the economic principles related to construction industry‚ taking the following in to consideration; Scarcity‚ Specialization‚ Division of Labour Scarcity This is the basic economic problem. Mainly Scarcity means that the resources are not enough to satisfy human wants fully or completely. In other words the resources are insufficient to produce all the goods and services humans might desire as the resources are limited and the human wants are unlimited. Here the resources
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Quality Management in Construction Firms Low Sui Pheng1 and Jasmine Ann Teo2 Abstract: As building projects get larger and more complex‚ clients are also increasingly demanding higher standards for their delivery. Total quality management TQM has been recognized as a successful management philosophy in the manufacturing and service industries. TQM can likewise be embraced in the construction industry to help raise quality and productivity. Two case studies of construction companies showed how TQM
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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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1: P 1.1 Discussing the use of approved codes of practice to ensure compliance with health and safety legislation. PAGE 2 P 1.2 Explaining the responsibilities for providing welfare facilities on-site. PAGE 4 P 1.3 Explaining the Construction (Design and Management) Regulations 2007. Evaluate the penalties for non-compliance with current health and safety at work legislation. Give at least two examples for easy understanding. PAGE 7 P 2.1 Analyse organizational health and safety
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Industry analysis The construction industry of Bangladesh has improved substantially during the last twenty years. About 10% of GDP of the country comes from this sector alone. It absorbs a very big labor force as well as enhances big job opportunities for engineers‚ architects‚ managers‚ foremen‚ supervisors‚ technicians‚ electricians‚ machine operators‚ drivers etc. At present this is a booming industry and people engaged in this sector are earning a reasonable salary and other benefits. And this
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ASSIGNMENT TABLE OF CONTENTS | | PAGE | 1.0 | Is it possible for one standard form of construction contract to meet the need of every project? Discuss by reference to at least two forms in common use in industry. | 2 | 1.0 | What is a Construction Contract? | 2 | 1.1 | Why use a standard form of contract? | 3 | 2.0 | Different forms of contract | 3 | | 2.1 PWD (Public Works Department) FORM OF AGREEMENT | 4 | | 2.2 FIDIC | 4 | 3.0 | Main differences between both forms of contract
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