Kf16ce49 - Assignment #1
Kf16ce49 - Assignment #1
ASSIGNMENT#01
THE HIERARCHY CHARTS Of
Civil Department, UniverSity, Army, Contractor’S
Organizer;
Accountant
Surveying
Manager
Warehouse Department
Services Departmen t Cashier
Site Engineer Planning Engineer
Technician
When should you do a feasibility study? It should be done during that point in the
project life cycle after the business case has been completed.
So, that’s the “what” and the “when” but how about the “why?” Meaning, why do
you need a feasibility study? Well, it determines the factors that will make the
business opportunity a success, making it pretty important.
Q:NO#3:
SWOT Analysis for a Construction Company:
Where would our cities be without construction companies?
They build our homes. Smooth our streets. Fix our cracked sidewalks. In most
major cities, you can’t turn the block without seeing a construction crew working.
Clearly, the construction industry is in need right now. But the need doesn’t
guarantee financial growth.
For any business, it only takes a few poor decisions to destroy a flourishing
construction company. This SWOT analysis addresses what these poor decisions
can be, as well as the major benefits the construction industry may ignore.
After reading this, you’ll understand the key differences between a successful
construction industry and a failed one.
Clients are more likely to hire a company that’s mindful of deadlines and aims to
complete their projects in a suitable time frame. Of course, without sacrificing
the quality and safety of their employees.
Why do they do this? Because if one industry is hit, the company won’t go down
with it. Instead, they’ll have an abundance of clients who are still in need of
projects. It’s easier for a company to bounce back if they lose 25 percent of their
profits, rather than 75 percent and more.
For example, let’s say a company specializes in building new homes. Initially, the
area was booming. Families were moving in left and right for months. But now,
suddenly, no one new has come to town. Now the company’s services become
obsolete.
The company can sit, wait, and hope work picks up. They’ll be left twiddling their
thumbs while funds drain from the company account. No business can survive
while waiting for clients.Especially if their target market’s industry is on the
decline.
What can the construction company do? Diversify their workload (as mentioned
in the strengths section above).
Keep an eye out for developing trends. This is one of the easiest ways to create
more sustainable work. If you’re noticing public transportation options are
expanding in a region, it may mean more people are moving. And where are those
people going to move?In the homes built by construction companies, of course.
Successful companies keep an eye on the news in the locations they offer services.
Not only to take advantage of growth .But also to see when things are beginning
to decline. This gives them the opportunity to shift their business before financial
ruin.
This is the situation when the economy declines. Or when people aren’t able to
make the same purchases they once did. Changes in buying behaviors can happen
quickly, especially if the economy or politics are involved. A budding industry can
be made obsolete in only a few years time. Without proper differentiation of
clients and services, construction companies can be made just as dead.