CMGT EXAM 1 Flashcards
Who do we construction manager work with
General contractors, specialty trade contractors, construction management contractors
How to do we categorize construction companies
By size: local company or international construction company
what are the 4 main types of construction companies
residential, comercial, industrial, infrastructure
what does residential construction focus on?
they build and/or renovate single and multifamily residential properties
list 3 construction projects that are classified under residential properties
single-family homes, small condominiums, and apartments
Which type of construction accounts for approximately 40% of the annual construction market value?
Residential
which is more complicated: small-scale residential projects or commercial projects
commercial projects
what are commerical projects and give some examples
Buildings used for commerce such as offices, large apartment complexes, theaters, shopping malls.
what are institutional projects and give some examples
churches, schools, hospitals, museum.
what are industrial projects ?
these are refineries, electrical stations, chemical processing plants and factories
are industrial private or public owned and financed? why?
they are privately owned and financed because of their complexity
What is once key difference between industrial construction and other construction?
industrial construction requires close cooperation betwwen designes and builders.
who design industrial porjects?
typically engineers
what are Infrastructure projects ?
these are projects that deal with transportation and service projects such as roads, tunnels, bridges, ferries and subways.
what are the other 2 names for Infrastructure construction?
heavy construction and horizontal construction
who own Infrastructure project?
these are publicly owned
what are the 3 factors involved in the changing industry of construction?
an increase emphasis on sustainability, demographic shifts, new technology and materials
why is construction emphasising on sustainability?
Everything that we need for our survival and well-being depends,
either directly or indirectly, on our natural environment. the goal is o create and maintain the conditions under which humans and nature can exist in productive harmony to support present and future generations.
name one of the best plans in motion to help increase and maintain the well-being of the planet.
LEED Systems
what does LEED spell out?
Leadership in Energy and Environmental Design
what are the 3 benefits received from a LEED-Certified Home?
Health, Savings and Value
what are the 4 levels of a LEED certification, from lowest to highest?
LEED Certified, LEED Silver, LEED Gold, LEED Platinum
what is the main reason for demographic shifts ?
the main reason is because there is a workforce shortage.
How bad is the workforce shortage ?
the construction industry will need about 546,000 additional workers on top of the normal pace of hiring in 2023 to meet the demand for labor.
what is the % of cites claiming “insufficient supply of workers or subcontractors” as one of their biggest concerns for 2023.
70%
what is the % of contractors who have a hard time filling job positions?
80%
is more or less construction work opportunities available than there is qualified construction workers to fill them.
There are over 25% more construction work opportunities available than qualified construction workers to fill them.