Introduction Flashcards
The number of constructions from
approved building permits in the first
quarter of 2022 was posted at ______.
37,270
In the first quarter of 2022, the total
value of constructions was ________.
PhP 86.78 billion
___________ buildings reported the highest number of constructions of __________percent of the total number of constructions during the quarter.
Residentials
26,546 or 71.2
___________continued to register the highest number of constructions with
9,725 constructions or 26.1 percent share to the total during the quarter.
CALABARZON
The revenue of the________________________ is expected to grow steadily over the next years. In 2030, it is projected to be more than twice as big as it was in 2020. The size of the construction market amounted to 6.4 trillion U.S. dollars in 2020, and it is expected to reach 14.4 trillion in
2030.
global construction industry
The construction industry
__________ as a discipline, is a combination of art and science.
Construction
True or False
It is essential that construction professionals have knowledge of the business and management
aspects of the profession.
True
True pr false
The decreasing rate of technological development and growing international competition in the
industry are serving to accelerate the development of new construction methods, equipment,
materials, and management techniques.
False (increasing)
The companies or individuals engaged in the business of construction
Construction contractors
They Engage in wide range of construction activities and
execute most major construction projects.
General contractor
they enter into a contract
with an owner to provide complete construction services
Primary contractors
Limit their activities to one or more construction specialties. Often employed by a general contractor to accomplish some specific phase of a construction
project.
Specialty contractors
They are also known as subcontractors
Specialty contractors
It is also called as “vertical construction”
Building construction
Also known as “horizontal construction”
Heavy construction