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Construction Management Articles

Tuesday, September 2, 2014

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1. Construction Estimating


1.1 Approximate Estimates

When accurate cost of construction is not yet required and a rough idea is sought at some stage to help decision makers decide whether to proceed or not, approximate estimates of construction cost are used..Full Article

1.2 Construction estimating

An introduction to the estimation process in construction projects..Full Article

1.3 Construction Cost Control

Recent developments in construction management techniques that would help achieving a better control of costs of construction.
Full Article


2. Construction Scheduling

2.1 Construction Scheduling techniques

A brief on available scheduling techniques for construction management with a focus on Q scheduling
Full Article

2.2 Failure of C P M and PERT in Construction Management

It is suggested that the basic critical path network technique is neither a true model nor the best approximate model of the construction process.
Full Article


3. Construction Finance

3.1 Construction Loans and Alternative finance sources

Construction Loans and Alternative Finance sources
One of the major problems facing any business enterprise is that of obtaining finance. This is a problem not merely of quantity but also of type. Full Article

3.2 Construction Plant Acquisition and Finance

Contractors have two options in acquiring plant: They may either own their machinery and equipment or hire it.
Full Article

3.3 Investment Appraisal

In an investment appraisal only the incremental expenditure and receipts directly attributable to the project under scrutiny should be included.
Investment Appraisal Article


4. Construction Contracts

4.1 Construction Contract Law

An introduction to essentials for validity of a contract, its breach and termination consequences. Full Article

4.2 Liquidated damages in brief

Liquidated damages are: [ a sum which a party to a contract agrees to pay or a deposit which he agrees to forfeit if he breaks some promise and which, having been arrived at by a good faith effort to estimate in advance the actual damage which would probably ensue the breach, are legally recoverable as agreed damages if the breach occurs.], what is the difference between liquidated damages and penalties? Full Article

4.3 Target Cost Contracts in Construction

As an alternative to conventional contracts. The risks are taken out and dealt with separately. A better solution for both Contractors and Employers. In giving a firm price, the Contractor enters into obligations to perform the work for that price. These are his obligations but his motivation is to maximize his profit. This is why he is in business. From the moment the contract is signed the Employer and the Contractor are, to a degree, adversaries. The common purpose is completion of the contract but the Contractor, healthily pursuing his own interests, must do so at the best possible return to himself.
Full Article

4.4 Construction Projects Durations and Delays

Find out how much will it cost you as contractor to build faster and is it worth. Also you may read about our Delay Analyzer Program CM reporter software which explores the responsibility for the delay
Full Article

4.5 Construction Bidding procedures in practice

Bidding Procedures and recommendation for preparing bids
Full Article


5. Management

5.1 Evolution of Construction management

Construction management has encountered a number of schools of thought. Succeeding schools of thought about management modify and extend existing ones but not supersede them as they still continue to exercise sway over ways in which organizations operate.
Full Article

5.2 Strategic Management in Construction

Strategic Management in Construction
Strategic management is a systematic approach to major and increasingly important responsibility of general management to position and relate the firm to its environment in a way which will ensure its continued success and make it secure from surprises.
Full Article

5.3 Construction Risks

The risks in connection with the construction industry, broadly grouped under technical risks, logistical risks, construction process risks, financial risks, and political risks.
Full Article

5.4 Value Engineering

An introduction to essentials for validity of a contract, its breach and termination consequences
Full Article

5.5 The action plan for a prosperous building industry.

Single point responsibility issue: Clients want completion on budget, on time, and value for money but above all they rightly expect their buildings to work when they are delivered. There is a need for single point responsibility where the risks and responsibilities for the finished building are clearly defined and controlled by the party best suited to carry the responsibility with a fair return.
Education, and Training issue: There is too little shared knowledge of the design and building process. The architect understands design but often lacks detailed knowledge of the nuts and bolts (of building assembly, while the contractor understands the problems of forming day joints in the concrete but not necessarily the engineering design principles.
Full Article

5.6 Quality management in Construction

Quality management is concerned with getting a product or service right first time and this implies that a firm undertakes its business in a systematic way
Full Article

5.7 Construction safety

Construction safety needs to be given a prime concern in view of the recorded fatalities in this industry
Full Article

5.8 Linear Programming in Construction Management

Use of linear programming to solve frequently encountered problems in construction management.
Full Article

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