Construction Scope: Quality, Budget and Timeline ‘Small’ Endeavours, Portuguese Context

2017 ◽  
Vol 864 ◽  
pp. 369-377
Author(s):  
Nuno Dinis Costa Areias Cortiços

The trinomial of the scope, quality, budget and timeline, is an objective by excellence, pursued by those with an active role in the production process, to which the construction sector is no stranger. The ideal is to ensure the satisfaction of the three parameters/variables, by those who seek construction services: Project Owner. Why the Scope is not reached?! The causes are divided in two levels: insufficient training, rooted in the Sector, that favours informality; and, lack of data to understand the causes, resulting in no definition or application of corrective measures (good practices guides). The focus of this article is the 'small endeavours', managed by: (1) Real Estate Developer, in control of the different phases, from municipal licensing, through the project and construction license, the remaining will be undertaken by a Builder or Investor, for subsequent sale; or (future) Owner without control of the initial decisions; the concerns of the latter are bound by the binomial Timeline and Budget; or, (2) P.O., from the outset, take control of all phases, always faithful to his idea of the Scope; introduces adjustments and changes defending his point of view or interest without the perception of the real impact of those on the overall satisfaction, focused on the fulfilment of quality achieved.

1987 ◽  
Vol 15 ◽  
pp. 151-160 ◽  
Author(s):  
Betty S. Flowers

Most of “Pan and Luna” is addressed not to an internal auditor but to what Gerald Prince calls the “virtual reader,” the reader the author imagines himself or herself to be writing to – in the case of “Pan and Luna,” the Victorian reading public. Prince observes:Every author, provided he is writing for someone other than himself, develops his narrative as a function of a certain type of reader whom he bestows with certain qualities, faculties, and inclinations according to his opinion of men in general (or in particular) and according to the obligations he feels should be respected. This virtual reader is different from the real reader: writers frequently have a public they don't deserve. (9)In addition to the distinction between the virtual reader and the real reader, Prince makes a further distinction between the real reader and the ideal reader. From the writer's point of view, “an ideal reader would be one who would understand perfectly and would approve entirely the least of his words, the most subtle of his intentions” (9).


2014 ◽  
Vol 52 (3) ◽  
pp. 839-857 ◽  
Author(s):  
Honghao Ren ◽  
Henk Folmer ◽  
Arno J. Van der Vlist

2020 ◽  
Author(s):  
Yulia Orlovska ◽  
◽  
Daria Havrylenko ◽  

The main international trends in the world market of construction materials and services have been analyzed. The dynamics of world GDP and exports of construction services for the period 2000-2019 has been studied and a conclusion is made on the impact of economic crises on their growth rates. It has been determined that the dynamics of world exports of construction services is characterized by high instability with peaks of growth and decline, and is more sensitive than GDP growth. It has been noted that overcoming the crisis in the export sector of construction services takes more time and occurs with an approximate two-year time lag compared to GDP dynamics. The share of the construction industry in the world GDP by the degree of development has been analyzed. The reasons for the decline in the share of the construction industry in countries with economies in transition have been substantiated. It has been noted that in the developed countries the share of the construction sector is accounted for by real estate management activities related to maintenance, rent, purchase and sale and other transactions with land and real estate. The forecast values of growth of the market of building materials and services till 2030 have been given. The essence of the term «wide construction» has been revealed and the structure of this sector in different countries of the world is shown. The main exporters in the world construction market have been given and the structural distribution of the largest construction companies in the world ranking by country of origin has been analyzed. The dynamics of income level in the construction industry market for the period 2011-2018 has been studied. It has been noted that an important area of the construction sector is the market of roofing and facade materials and the world's largest companies for the production of this type of construction materials have been revealed. Conclusions on the essence of global transformations of the market of building materials and services have been made, and also it has been defined that they are caused by transnationalization of corporate structure of the market, influence of scientific and technical progress and information and communication technologies on world centers as well as the emergence of the concept of «sustainable construction» in the course of humanity for sustainable development.


2014 ◽  
Vol 13 (2) ◽  
pp. 109-119
Author(s):  
Katarzyna Wawrzyniak

Abstract In the paper the author makes a classification of the Construction Sector companies that are listed on the Warsaw Stock Exchange. The classification is made with a view to identify those companies whose financial standing in the years of study (2007, 2009 and 2011) was good or bad from the point of view of several selected ratios. The classification is based on the inquiry into the stability of final diagnoses of the companies’ financial standing. The final diagnoses were founded on the median from partial diagnoses which had been created in the course of a two-element diagnostic process where the real values of the companies’ financial indices were compared with theoretical and empirical norms.


2022 ◽  
Vol 19 ◽  
pp. 292-303
Author(s):  
Paweł Dec ◽  
Gabriel Główka ◽  
Piotr Masiukiewicz

The article concerns the issue of price bubbles on the markets, with particular emphasis on the specificity of the real estate market. Up till now, more than a decade after the subprime crisis, there is no accurate enough method to predict price movements, their culmination and, eventually, the burst of price and speculative bubbles on the markets. Hence, the main goal of the article is to present the possibility of early detection of price bubbles and their consequences from the point of view of the surveyed managers. The following research hypothesis was verified: price bubbles on the real estate market cannot be excluded, therefore constant monitoring and predictive analytics of this market are needed. In addition to standard research methods (desk research or statistical analysis), the authors conducted their own survey on a group of randomly selected managers from Portugal and Poland in the context of their attitude to crises and price bubbles. The obtained results allowed us to conclude that managers in both analysed countries are different relating the effects of price bubbles to the activities of their own companies but are similar (about 40% of respondents) expecting quick detection and deactivation of emerging bubbles by the government or by central bank. Nearly 40% of Polish and Portuguese managers claimed that the consequences of crises must include an increased responsibility of managers for their decisions, especially those leading to failures.


2016 ◽  
Vol 10 (2) ◽  
pp. 21 ◽  
Author(s):  
Ademir Araújo da Costa ◽  
Eduardo Alexandre do Nascimento

Resumo As ações das forças políticas e do capital, em território mossoroense, têm engendrado a reunião de um conjunto de condições favoráveis ao expressivo desenvolvimento do mercado imobiliário na cidade. Tal desenvolvimento se evidencia pela significativa quantidade de investimentos aplicados na produção de condomínios residenciais fechados, destinados às classes, média e alta, e na construção de conjuntos habitacionais “populares” dentro do Programa Minha Casa Minha Vida (PMCMV). Diante dos impactos da dinâmica do setor imobiliário sobre a economia e sobre a reconfiguração do espaço urbano local, é preciso indagar: quais fatores têm impulsionado o mercado de imóveis residenciais em Mossoró a partir dos primeiros anos de 2000 até o presente momento? Partindo dessa questão, define-se como objetivo central deste trabalho a análise das principais condições e fatores responsáveis pelo processo de expansão do mercado imobiliário em Mossoró a partir dos primeiros anos de 2000. Palavras-chave: Mossoró-RN; Mercado Imobiliário; Espaço Urbano; PMCMV AbstractThe actions of political and capital forces, in the territory of Mossoró, have generated the reunion of a set of favorable conditions to the significant development of the real estate market in the city. Such development is evidenced by the significant amount of investments applied in the production of residential gated condominiums, for the classes medium and high, and the construction of “popular” housing complexes within the Programa Minha Casa Minha Vida (PMCMV). Given the dynamics of the real estate sector impacts on the economy and about the reconfiguration of the local urban space, it must be asked: what factors have boosted the housing market in Mossoró from the early 2000s to the present time? From this point of view, the main goal of this paper consists of analyzing the main conditions and factors that lead to the expansion of Mossoró real estate market in the first years of 2000.Keywords: Mossoró-RN; Real Estate Market; Urban Space; PMCMV ResumenLas acciones de las fuerzas políticas y el territorio capital mossoroense, han diseñado la reunión de un conjunto de condiciones favorables para el desarrollo el expresiva del mercado de vivienda en la ciudad. Dicho desarrollo se manifiesta por el importante monto de inversiones aplicadas en la producción de condominios residenciales cerrada para clases, media y alta y la construcción de viviendas "popular" dentro del programa mi casa mi vida (PMCMV). Sobre los impactos de la dinámica del sector inmobiliario en la economía y en la reconfiguración de la ubicación del espacio urbano, tienes que preguntar: ¿Qué factores han impulsado el mercado de viviendas en Mossoró desde los primeros años del 2000 hasta la actualidad? Basado en esto, se define como objetivo central de este trabajo el análisis de las principales condiciones y factores responsables por el proceso de expansión del mercado inmobiliario en Mossoró desde los primeros años de 2000.Palabras clave: Mossoró-RN; Mercado Inmobiliario; Espacio Urbano; PMCMV


2011 ◽  
Vol 5 (5) ◽  
pp. 99
Author(s):  
Ross A. Malaga ◽  
Ram Subramanian

Peter Moss, a business school professor, and his wife, Elaine, a corporate executive, bought a Hair Shear franchise in the suburban Maryland area in July 2007. Hair Shear was a national chain of over 2,000 stores, all of which were franchisee owned. Peter and Elaine Moss contracted with Philip Levinson, a commercial real estate agent authorized by Hair Shear, to obtain a suitable location for their franchise. During her training session at Hair Shear headquarters in Kansas City, Missouri, Elaine learned of the importance of a good location for the success of the franchise. The first location identified by the real estate agent did not work out because the strip malls main tenant, a day spa, vetoed the entry of a hair dressing salon, considering the salon to be a competitor. Elaine Moss identified a second location only to be told much later by the real estate agent that the location was taken by a barber friend of the landlord. Disappointed by their inability to find a suitable location, the Moss met a couple who owned multiple Hair Shear stores in Maryland who suggested that they typically negotiated directly with landlords. This couple suggested a third location for the Moss to consider. The dilemma facing Peter and Elaine Moss is two fold: which of the two was the ideal location for their store? The larger question was, should they bypass the authorized real estate agent and negotiate directly with the landlord?


2017 ◽  
Vol 18 (1) ◽  
pp. 0-0
Author(s):  
Marcin Sitek

The aim of this study is to demonstrate that innovativeness in the real estate market represents a means to improve competitiveness of business entities present in this market. The study discusses determinants of innovativeness were presented with division into technical, technological, organizational, process, marketing and financial innovations in the real estate market. Analysis of the types of innovations in the real estate showed that major innovations in the real estate market that employed innovative solutions in the construction sector are oriented particularly at energy efficiency and ecology. Furthermore, the results of the studies that demonstrated a reduction in costs of operation in sustainable buildings lead to the conclusion that the thesis concerning innovativeness as a means to stimulate competitiveness was supported.


2016 ◽  
Vol 102 (1) ◽  
pp. 67-77 ◽  
Author(s):  
Monika Mika

Abstract The aim of this paper is to present the need for changes of geodetic-legal procedures for the cadastre and real estate management. This problem was analyzed both in theoretical and practical terms. In order to better present the analyzed technical and legal procedures, a study of several cases of surveying documentation was made. On their example the problems associated with the surveying services were shows and the formal and legal procedures, on the basis of which described surveying works were done were verified. The problem presented is current and valid not only for the comfort of the surveyor's work, but also from the point of view of the structure and modernization of the real estate cadastre, constituting the backbone of the real estate management. The article emphasized the need to unify the databases of state registers and the digitization of the National Geodetic and Cartographic Resources (PZDGiK). Research has shown that despite the continuous changes of legislation, there are still many shortcomings and gaps, which often complicate the surveying works. The surveyor must analyze and verify all materials he uses, including those obtained from the Centre of Geodetic and Cartographic Documentation (ODGiK). The quality of the geodetic and cartographic elaboration depends largely on the work of the Centre of Geodetic and Cartographic Documentation. The need of modernization of the Land and Buildings Registry, which acts as a cadastre in Poland, has been demonstrated. Furthermore, the unification of data used as reference systems both for plane coordinates and elevation has been proposed.


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