Intro to Construction Flashcards
What are the four types of construction products?
Residential, Building (or Commercial), Engineering (Infrastructure), Industrial Construction
How much does residential construction take up in the construction industry?
40-45% of annual volume
Give me some examples of residential construction.
- Homes
- Apartments
- Condos
How much does building construction take up in the construction industry?
25-30%
Give me some building construction examples
- Office Buildings,
- Stores
- Schools
- Libraries
- Other type of buildings that aren’t homes that build up the environment
How much does engineering construction take up in the industry?
20-25%
Give me some examples of engineering construction
- Primally Horizontal Construction
- Highway
- Airfield
- Bridge
- Dam
- Canal
- Water and Wastewater treatment
- Railroad
- Tunnel
How much does industrial construction take up in the industry
5-10
Give me some examples of industrial construction
- Manufacturing Plants
- Refineries
- Pipelines
- Electricity Generating Facilities
- High Tech Facilities
What is a construction project?
A project that describes the process of planning, designing and documenting for procurement and construction as well as procuring, contracting and constructing a facility for delivery to its owner.
What are stages in the construction period?
- Project Feasibility
- Programming/Design
- Bidding/Award of Contract
- Pre-Construction/Mobilization
- Construction
- Close-out/Occupancy
What is the difference between construction and manufacturing?
Construction
- every project is unique
- many participants in the project –> contractors, EM, subcontractors, owner, etc.,
Manufacturing
- the process of repeating tasks to build something.
What are the four challenges of construction and give some reasoning/facts.
- High Failure Rate
- Little profit for firms
- High growth rate in construction
- Low capital requirement (except for large equipment)
- 19% of construction firms didn’t make profit in 2019 - Fragmentation
- Construction Industry is highly fragmented
- Construction companies are small –> not many companies have more than 100 employees.
- Labour force is highly fragmented
- 14 building trade unions perform 10-20% of work - Slow adoption of Technology
- is plagued by stagnant productivity
- very few innovations of technology - Unstructured Workspaces + Demanding tasks
- high fatalities and ergonomic risks
- construction work is dynamic, diverse and changing in nature
- each project is unique
- every location is different and have many participants
- there is time constraint and budget which leads to more risk taking
- construction workers are in many hazardous situations which can be harmful
What is construction?
The process of building something which includes the designing, purchasing, building, and giving it to the owner.
