Friday, February 28, 2020

Construction Term Paper Example | Topics and Well Written Essays - 1000 words

Construction - Term Paper Example The aim of this paper includes giving the information about the idea of what is Building Information Modeling and the benefits that it could offer on the part of the construction industry, to the people, and the government as well. This offers advantages of learning to anyone being interested about IBM and how it could be utilize from construction neophytes to architecture firms who has the desire of learning the subject. Strategies that leads to benefits Best strategies require flexibility in course between the inevitable internal problems to be able to proceed with the continuity and face the demands in the present changing world. There is a clear distinction between the difference of strategic action and strategic plans. Strategy should not just be like a statement of intent; benefit centered to the company but must be based on the needs, benefits, and enjoyment of the public as well as the government Legal Regulatory, Ethical and Customary Constraints As the Section 103 of the Ge neral Municipal Law defines, competitive bidding is required in all the public work construction and must settle all the permits as it is required by all the government agencies. Competitive bidding is also required to hold legal, regulatory, ethical and customary constraints, public report every five years and is expected to detail the projects with the application for exception if there is, the method of procurement, the procurement it self and the outcome or the result in the duration and costs. Traditional method of procurement as has been accepted by the public, as the general rule, was preserved by these amendments but extends the flexibility by some agencies in trying other methods if determined to be appropriate based on certain criteria that prevents favoritism and promote competitive competition. Regarding the method of procurement, requirements in the reporting gives way to the Legislature and the governor the evaluation with regard to the experiences of the agencies inli ne with the use of the alternate procurement methods. Benefits Offer Respective local government where the project is located often times is the stakeholder of most of the city projects. Although the success like in the use of the BIM are made by the interaction exchanges between the Engineers and the Architects, the final outcome of the project is always considered an asset value on the part of the Local Government being considered the biggest real state owners. Some of the benefits include the following. †¢ Facilitates the visualization of the entire Building Life Cycle Management †¢ High Accuracy †¢ Save Time and Money †¢ Risk Mitigation by timely conflict detection †¢ Ease in producing of high quality, accurate and precise construction documents †¢ Construction planning and Management by combination of design and construction I. Proposed Project BIM work Plan Requirement shall be asked to be submitted for approval f the project. Proposed project BIM Work Plans shall include the demonstration regarding the strategy using the Building Information Modeling in materializing project deliverables. 1. BIM Work Plan Design – The Design team, as a part of the proposal, will be designated to submit the BIM Work Plan that includes the Following: a. Proposed BIM Software that will be used in the project b. Proposed Trainings and Workshops regarding the BIM c. Compliance with the requirements of the project d. Integration on the BIM as per Design Document Submission Standards e. Filing of the formats that

Wednesday, February 12, 2020

The strategic plan for your organization Assignment

The strategic plan for your organization - Assignment Example An appropriate implementation plan of Davivienda bank will help it to transform the developed planned projects into actual service provision (Jeffes, 2008). Figure 1: Implementation and Planning (Source: Standard bank, 2011). The above chart shows the various activities that encompass the planning and implementation of an organization. Thus, it becomes highly rational to analyze and set an efficient implementation plan for the Davivienda bank of Columbia. Objectives The recessionary trails in the contemporary world have reduced velocity of circulation of money in many economies. It has been estimated that the scope of banking activities have reduced in Sri Lanka and that has not only affected the economy of the nation, but has also negatively influenced the neighboring economies. The essay has previously incorporated certain growth strategies that would help to reduce the economic crisis in Sri Lank by expanding the scale of banking business. This part of the essay will frame the imp lementation plan with the help of these strategies (DPMC, 2012). The primary objectives to be studied in the implementation plan of Davivienda bank are:- Allocate substantial finances to incorporate the growth strategies. Reduce crisis in the economy by offering varied financial products in different regions of the economy. Introducing financial products that focus on investment banking. Increase the speculative transactions in the economy. Reducing the risks in the transactions of the bank. Facilitating the growth of other banking institutions. Incorporating a strong organizational structure and hierarchy in the bank. Focusing in financial products differentiation. Functional Tactics The functional tactics adopted by the officials of the Davivienda bank are all the small tasks that must be accomplished to implement the desired growth strategies. The functional tactics that are to be executed in the implementation plan are:- Time Horizon: the bank must set an appropriate time span w ithin which it would target to achieve its desired goals and objectives. Resources: only evaluating the required time is not enough, the bank must try to estimate the required resources that would be necessary to execute the implementation plan. Money: the most important resource that is required for completion of any task is money, the Davivienda bank must analyze the gross liquidity required to execute the desired objectives. Strategies: finally the bank must be clear about the core competences and strategies to be incorporated in the implementation plan (Pinson, 2008). Action items The following table explains the action items of the Davivienda bank that are requisites for launching the implementation program. Activities Objectives Implementation Allocate sufficient finance to incorporate the growth strategies. To increase the scale and scope of banking operations and consequently reduce the crisis in the economy. Mobilize maximum possible funds that may be allocated in the expan sionary policies. Offering varied and differentiated financial products. Encouraging individuals to participate in the banking activities. Set