BLDG 4006 Modern Construction Enterprises Assignment

BLDG 4006 Modern Construction Enterprises

Assessment 4 General Strategic Plan

Student Number Only

• This assessment is a summary of the class content and knowledge you are expected to generally know. We have discussed many topics already and reviewed the annual reports of the leading companies. The 9 sections below are prompts to help you write this assignment quickly and completely.


• You are creating a starting instruction for your company and crystallising the best direction you feel best. Therefore, all sections should answer, The What, When, and the How. The when is whatever timeline you feel is critical to your plan, i.e., in 30 years, when you sell the business. The How is where many lack good answers see course content for those answers.


• This is end-to-end, i.e., the process from the beginning to the end. Please include the why or the justification for your project and organisational choices.


• You can address each section generally or specifically these are to help you think through and integrate your thoughts. No one section is more important than another. Just be coherent in your choices.


• **How well you start and plan your firms journey will partially determine how difficult it will be to operate during difficult economic times and how profitable it will be during good economic time


• The minimum word count is 1,000 words, with 2,000 words maximum.

1. Company Name

Location

Type of construction firm

2. Goal(s)

State and explain your construction companys business goal(s)

How will you achieve your goal?

What is your Target Market e.g., Project-type(s), Client-type(s) and Location(s)

How will you align your management and craft skills to these choices

3. Work Acquisition

Tendering process

Interview of client before quantity take-off

Unit-count

Pricing

Overhead application

Job sizing

Bid modelling

Estimating-Project Management information turnover

Post-Tendering/Pre-Project Planning

4. Project Operations

Project Management Process

Scheduling

Short Interval Planning

Site Operations

Site material logistics

Lessons learnt meeting/post job review

5. Financial Management

Accounts Payable process

Accounts Receivable process including collection of past due and bad debt

Asset Acquisition, Depreciation, and Disposal process

Financial metrics

6. Human Resources

Recruiting & Hiring process

Your target employee type

Retaining employees
How will you retain your best talent

Employees fired and laid off

What is your exit process?

7. Technology

The general technology you will use

Latest or 1 version earlier?

Large company or small company?

Integrated overall or specific to each section above?

Apple, Microsoft or other hardware type?

8. Measuring and Tracking

Choose your qualitative and quantitative measures

What is your one (overall) measure that all outcomes will be judged?

9. Retiring from your Firm

Process of selling your firm