...# C-39, Road # 6, Niketan, Gulshan-1, Dhaka-1212 | |Adel Mostaque Ahmed |House # 37, Road # 1, Block– A, Banasree, East Rampura, Dhaka – 1219 | |Ahnaf Zabee |House # 3/6, Block- A, Lalmatia, Mohammadpur, Dhaka | | | | | | | The Business: ঠিকানা™ is a partnership enterprise that converts waste materials into construction products. It will undertake two projects: ঠিকানা™ Concrete: ready-mix concrete using stone powder from stone crushing zones as fine aggregate and ঠিকানা™ Glass Tiles: handmade glass tiles from 100% locally sourced recycled glass. ঠিকানা™ will target small, medium and large...
Words: 10245 - Pages: 41
...housing. Banking regulations limit lending to specific types of housing, these regulations limit the ability to construct affordable and, greener types of construction, causing negative effects on the free market. An acceptable level of comfort in for life requires a small number of necessities: housing, sanitary facilities, education, employment, and food and water. Without these, life becomes miserable in a very short amount of time. For a vast amount of people around the world, home ownership is a dream, an ambition for life, that thing we’ve wanted since being a child. The security of having something that you can call your own and do what you want with, when you want with it appeals to most people. For many this dream will never become a reality, and for many others even once having it doesn’t mean they can keep it. The problem is todays housing is just not affordable. With all of the other demands that expense a person’s income it’s difficult to make this dream a reality. Financial policy drives the lack of affordable housing. Due primarily to the types of construction that can are fundable through the current financial system of lending the options are limited to less quality and space for more money. The Largest obstacle instituted by the financial industry that limits affordable housing and green construction is the basis for the required appraisal. The primary components of the appraisal come from two things, a square foot measurement, and a comparable of market...
Words: 2139 - Pages: 9
...Compensation and Benefits Plan Our team has been asked to develop some compensation and benefit recommendations for our client based on their planned expansion to Arizona. The expansion in Arizona will increase the number of employees to 130. Annual revenue is expected to increase the first year to $10,300,000. Currently, there are 41 commercial construction projects in Arizona, and it is recommended the company pursue commercial retail. (Commercial Construction Projects in Arizona, 2013) . The team’s recommendation is based on; market evaluations of similar companies, Arizona pay and benefits laws, and a company structure to create a compensation and benefits strategy. Sundt Construction, a medium sized construction company headquartered in Tempe Arizona, was founded in 1890 by Mauritz Martinsen Sundt. Sundt offers their employees a somewhat generous compensation package which includes not only the basics of retirement and health care, but also added perks such as continuing education (The Sundt Exprience, 2013). Sundt offers a generous health care plan which includes vision care and prescription benefits. Sundt offers several different medical plans to include one plan that has no monthly premium charge (because of employee ownership) for employees and their dependents which is a Preferred Provider Organization (PPO) network. Sundt maintains a wellness where employees receive a $350 credit for health expenses related to improving or maintaining health. Sundt...
Words: 1997 - Pages: 8
...In order to successfully implement a new IT system, there are certain questions that the company has to ask before making a decision on whether or not to commence renovation. The array of question does not only include such issues as whether it is worthwhile for a company to invest its resources (staff and finance), the short-term and long-term benefits of the new IT system, better reach for the customers, lesser uncertainty etc. but also the risks that the company opens itself to with the introduction of new systems and the ways to eliminate most of it so as to ensure that the introduction of the new IT system does not go over the budget. The biggest issues I can identify are as follows: * Compliance with the overall business strategy * Compatibility with the existing systems * Staff expertise and their attitude to the proposed changes * Staff training * Day-to-day controls, function controls, etc. The main idea behind implementing a major new IT system is to facilitate better communication of information amongst all the parties involved in the value chain, including the customers. The more relevant data is collected and analyzed the more efficient and responsive the value chain is. The question is what information to regard relevant and useful and the other way round. In my understanding, the main thing is to remember that optimization should not be limited to a certain function and/or department but on the contrary, it should be inclusive of all operations...
Words: 599 - Pages: 3
...----------------------------------------AUTHORIZED TRANSLATION ------------------------------------------ PRESIDENT OF THE REPUBLIC OF INDONESIA REGULATION OF PRESIDENT OF THE REPUBLIC OF INDONESIA NUMBER : 111 of 2007 CONCERNING AMENDMENT TO REGULATION OF PRESIDENT OF THE REPUBLIC OF INDONESIA NUMBER: 77 of 2007 CONCERNING THE LIST OF BUSINESSES CLOSED AND LIST OF BUSINESSES OPENED WITH RESERVATION IN THE INVESTMENT SECTOR WITH THE MERCY OF THE GOD ALMIGHTY THE PRESIDENT OF THE REPUBLIC OF INDONESIA, Considering: a. That, with the issuance of the Presidential Regulation Number 77 of 2007 concerning the List of Businesses closed and the List of Businesses opened to Investment, constituting the implementation of paragraph (4) of Article 12 and paragraph (1) of Article 13 of the Law Number: 25 of 2007 concerning business Investment, sectors the arrangement opened of closed and with reservation in such Presidential Regulation shall be made clearer in order to prevent -1- any possible misinterpretation from happening; b. that, with respect to point a above, in is necessary Regulation to stipulate an a Presidential to of the 2007 concerning amendment Number 77 Presidential Regulation concerning the List of Businesses Closed and the List of Businesses Opened to Investment; In view of: 1. Paragraph (1) of Article 4 of the Constitution of the Republic of Indonesia of 1945; 2. The Law Number: 25 of 1992 concerning Cooperatives...
Words: 10479 - Pages: 42
...Course Evaluation & Exams | Msc Construction Project Management | Admission into the Masters of Science programme can be obtained through: (a) Candidates with B. Sc or B. Tech. (Building) with a minimum of second class lower or GPA not less than 2.50 (on a 5-point scale) (b) HND Building plus PGD (with upper credit) from any recognized university Duration and Mode of Study. The programme is a full time programme which runs for a minimum of 18 months. The mode of study for the programme is through a comprehensive course work to be examined in both oral and written papers, seminars and other necessary work to be contained in a submitted thesis. Employment Opportunities Graduate of the programme will have further relevance in the following areas: (a) Public sector, government ministries, parastatals and research institutes (b) Private sector employments and related industries, oil and gas, power and steel, telecommunications. COURSE CODE | COURSE TITLE | UNIT | BD 701 | Construction Plants and Equipments | 2 | BD 703 | Construction Planning and Contract Practice | 2 | BD 705 | Construction Finance | 2 | BD 707 | Research Methodology | 2 | BD 709 | Project Feasibility Analysis/Studies | 2 | BD 711 | Construction Management Process | 2 | BD 797 | Research Project I | 2 | | Plus One Elective | 2 | | Total | 16 | BD 701 Construction Plants and Equipment (2 units) Selection of plant and equipment for construction work. Factors affecting the selection...
Words: 1384 - Pages: 6
...Score 6% A Review of Risks Associated With Estimating a Home Building Project Introduction In building and construction, there are risks associated with estimating a home building project. These risks in construction are all the same across the board regardless the construction. Therefore, a home building projects is confronted with the same risks as any other project in the construction industry. The risks involved are such as; project management risks. The project management risks are mainly because of improper schedule. The improper schedule may be caused by poor allocation of time in various projects that may be involved in a home building project. Poor resource planning is another management risk. This is because due to poor allocation of resources often lead to misuse and many unaccounted losses. In addition, improper and poor management of disciplines or methodologies result into management risks in a home building project. Disciplines and methodologies are tricky and need a lot of experience to manage. Therefore, a minor mistake in management of discipline and methodology is a risk that can cause a huge negative impact in a home building project. Such risks are better identified with scheduled risks. Organizational risk is a major risk that most building and construction projects have to face, Most organizational risks in home building projects results from issues such as; resource conflicts. Such conflicts are brought...
Words: 1501 - Pages: 7
...University of Phoenix Material Thomas Money Service Inc. Scenario Thomas Money Service Inc. has been in business since 1940. It started out as a consumer finance company granting small loans for household needs. Over the following 5 years, the company expanded its services by issuing business loans, business acquisition financing, and commercial real estate loans. In 1946, the decision was made to branch out into equipment financing. A subsidiary named Future Growth Inc. (FGI) was established. This decision turned out to be very lucrative. Because of the end of World War II, society had a huge demand for construction and forestry equipment. Because of increasing demand for this type of equipment, FGI decided to make a very daring move in 1951 and purchased an equipment manufacturing company. Now they could build, sell, and finance their own brand of building and forestry equipment. FGI discontinued financing other brands of equipment. For 67 years, FGI had been able to truthfully state that they have continuously increased profits year after year, even during economic downturns, and have never laid off workers. This track record has allowed their stock to grow from $5.00 to $85.60 with six stock splits from 1975 to 1998. FGI has never issued bonds, and the present stock value is $35 The current global downturn has caused the American economy to suffer. Oregon, Washington, and several other forestry states have encountered flooding, massive fires, and protest...
Words: 808 - Pages: 4
...CONSTRUCTION In the fields of architecture and civil engineering, construction is a process that consists of the building or assembling of infrastructure. Far from being a single activity, large scale construction is a feat of human multitasking. Normally, the job is managed by a project manager, and supervised by a construction manager, design engineer, construction engineer or project architect. For the successful execution of a project, effective planning is essential. Involved with the design and execution of the infrastructure in question must consider the environmental impact of the job, the successful scheduling, budgeting, construction site safety, availability ofbuilding materials, logistics, inconvenience to the public caused by construction delays and bidding, etc. Types of construction projects In general, there are four types of construction: 1. Residential Building construction 2. Industrial construction 3. Commercial Building construction 4. Heavy Civil construction Each type of construction project requires a unique team to plan, design, construct and maintain the project. Building construction Building construction is the process of adding structure to real property. The vast majority of building construction jobs are small renovations, such as addition of a room, or renovation of a bathroom. Often, the owner of the property acts as laborer, paymaster, and design team for the entire project. However, all building construction projects include some...
Words: 3036 - Pages: 13
...commercial manager has to understand how to make profit and how the profit is reflected in its operations. In a construction site, commercial management deals with outlining the beginning of a project i.e. the negotiations and analyzing of the cost of the whole construction project and the long term profit to be yielded by the project. It is said that every construction is unique, and the unique aspect demands a high level of commercial and technical expertise. As a commercial manager, I will provide a management system that ensures proper documentation. This entails that all the documents of the contract follow a full legal procedure that is the land on which the construction is taking place and is acquired legally. The tender details are all available and the contract details of the contractor and his team are all available and ensure clarity to reduce future conflicts between the client and the contractor as Lowe and Leiringer (2006) argue. System devised Programme The system will also define a well defined target. When referring to target we can consider two cases that is the time the construction will take from inception to completion and the financial target. When dealing with the time target we ensure that the construction program is available to all team members to avoid delays since the more delay we have the more the construction is delayed the more finances consumed. When considering the financial target, the system will provide a well outlined budget that will control...
Words: 1247 - Pages: 5
...Land use is one of the major issues we are facing in our time today, not only is it an issue of using lands to the advantage of building roads and highways, it is also the cause of global warming, the danger to environmental life and the cost of building the Intercounty Connector, known as the ICC. This issue is what may be called a problem by the residents of the counties of Maryland. The project of building the Intercounty Connector “ICC”, includes building a highway throughout a couple of the counties in Maryland to have a faster and more efficient flow of traffic, which could also endanger the environment, and cause global warming. Also it is going to delay traffic while the project is under construction. There are many reasons why this ICC project caught my attention. First, the use of land. Second, the environmental issues that we are facing today. And finally, the budget was used to build the project. But as always there is an opposing view to every project. Some who were supporting the idea of the ICC gave their lands to the county to build this project, which was not a good plan. Although they do not see the problems of giving away their lands right now, but they are coming. The loss of land will affect people in the future. The ICC project got a final approval from the Gov. of Maryland, and it has won its case against any opposing views. Still the ICC should not have been approved. In the case of the ICC project, there were many views concerning the environmental side...
Words: 1532 - Pages: 7
...Perception of various performance criteria by stakeholders in the construction section in Hong Kong. Construction management and economics, Vol.28, pp. 377-391. Article of the Lai and Lam analyzed the construction projects in Hong Kong through collecting data from 324 practitioners who in the past participated in such projects. A research model is developed upon nine performance criteria and their respective performances. The relative importance of nine performance criteria and their performances are measured. Timely completion of the project is the key in performance criterion, preceding by profit, environmental protection and quality, job satisfaction, and effectiveness. Lai and Lam research identified difference in the perceptions of performance in the following order: 1) difference among practitioners in a construction project; 2) different project types; and 3) difference among functional roles in the organizations. The order of importance of the performance criteria is: (1) time; (2) profit; 3) environment; 4) quality; 5) safety; 6) effectiveness; 7) no claims or contractual disputes; 8) job satisfaction; and 9) generation of innovative ideas. Timely completion of the project is the most important performance criterion, but it displays the highest deviation of the performance when compared with its importance. It implies that time management is the most critical factor for the performance in the construction project. Mainly, most respondents are not pleased with job satisfaction...
Words: 809 - Pages: 4
...[pic] PROJECT MANAGEMENT BUSINESS CASE: MOLADI HOUSING | NAME: | |KEFAYAT SAYED ALLY | |STUDENT NO: 206507344 | |WORD COUNT = 5129, EXCLUDING TABLES, | |BIBLIOGRAPHY & APPENDECIES | | | | | CONTENTS SECTION 1: 1.1. INTRODUCTION 3. SECTION 2: 2.1. BACKGROUND 3. SECTION 3: 3.1. PROJECT DESCRIPTION 4. 3.2. OBJECTIVES 5. 3.3. SCOPE 6. 3.4. VIABILITY 8. SECTION 4: 4.1 FINANCIAL COSTS AND FORECASTS 9. 4.1 STAGE 1 COSTING TABLE 10. 4.2 STAGE 2 COSTING TABLE 10. 4.3 STAGE 3 COSTING TABLE 12. SECTION 5: 5.1. INTERPRETATION OF FINANCIAL TABLES 13. SECTION 6: 6.1. CONCLUSION 13. 6.2. BIBLIOGRAPHY 15. 6.3 APPENDICIES 16-24. 1.1 INTRODUCTION This business case has been presented to provide a solution...
Words: 5643 - Pages: 23
...Critically comment on the transaction cost based theory of Construction procurement and evaluate its potential as a practical tool in the Selection of procurement systems Abstract This term paper will provide comprehensive reviews on the entire literature involving transaction cost economics (TCE) in construction procurement. It will also critically describe the transaction cost based theory of construction procurement and also give an evaluation of its potential as a critical tool in the selection of procurement systems. The paper will also explore how TCE has emerged from most economic roots to examine empirical phenomena in construction procurement. TCE has been increasingly applied not only to business-related fields such as finance, accounting, organizational theory and marketing but also to the construction industry. Most construction industries have recently moved to practice innovative working techniques that will involve great collaboration and interrelationships that has been in the past. While these benefits such as collaborative and improved ways of working are discussed, but so little is evident about their cost. Hence there proves to be a diverse evidence showing the cost of procurement and more competitive and traditional practices. The purpose of this term paper is to try and examine the transaction based theory of procurement that is used in construction industry. Introduction Ever since it emerged in the early 1970s (Williamson 1971) the new...
Words: 3143 - Pages: 13
...MARKETING PLAN Speedy Hire Plc Executive Summary: After becoming the premier hiring company in tools and equipment in UK Speedy Hire Plc is looking to diversify its business for the growth and future presence in the competitive business environment. This report is about to research the global marketplace for the business sector and develop a revised strategic and tactical marketing plan. I define our marketing goal as “the diversification of the business” by entering into the market as a construction contractor in both target markets 1 and 2 i.e. House building and Infrastructure. The marketing objective focuses on the efficient service and quality by keeping the market’s demand into consideration. To fulfil our objectives company will follow different strategic approaches like cost-leadership, mixed strategy depending upon the target market demand and strengths of the company. The reason for selecting House building and Infrastructure construction as the target market is the past and forecasted growth and the growing demand in these sectors in coming years which provides ample opportunity to do business and gain profit and market share. Situational Analysis: Company profile: Speedy Hire PLC (www.speedyhire.plc.uk and www.speedyhire.co.uk) is the UK’s number one provider of tools and equipment for hire. The company operates from more than 350 depots in the UK and the Republic of Ireland. Speedy was traditionally focused on tool hire, but now also has complementary...
Words: 6288 - Pages: 26
