Civil Engineering Management Portfolio Assignment

Civil Engineering Management Portfolio - Assignment Example Construction has a long history, almost parallel to the development of civilization. Across the globe, construction is the biggest industry which is churning billions of dollars every year and providing employment to a large workforce - skilled as well as unskilled. As far as the UK is concerned, its output is worth over 100bn a year. It accounts for 8% of Gross Domestic Product (GDP) and provides employment for around 3 million workers (Vadera, Shriti and Woolas, Phil et al. 2008). Civil Engineering and the associated sub-disciplines are changing rapidly as a result of technology enhancements, growing concerns on local & global environment problems & commitment required to the ecosystem and the overall management system & quality control procedures that collectively comprise of the management portfolio of the profession. The job of a Civil Engineering Project Manager is no longer planning & execution of construction projects but is also linked with commitment to local & global envir onment, the local ecosystem, the society and the overall safety of the infrastructure from the perspective of the workers and the end users. The Management Portfolio thus needs to include all these responsibilities and organized to form an organization structure that can effectively deliver as per all such requirements. The local special interest groups and the legal & statutory system of the nation carry lot of influence on the projects and hence they need to be satisfied effectively by sending to them regular updates & reports and allowing them to audit the proceedings as and when demanded. Hence, every project is expected to comprise of the following management challenges: (a) Health & Safety

Assignment Case Study Example | Topics and Well Written Essays - 250 words - 2

Assignment - Case Study Example already established is growing as the rate of competition goes high with the example of Mini-mills taking over and setting a price war in the industry. There is also an increase of foreign companies taking the market shares. The third force is the bargaining power that suppliers have. The suppliers are decreasing due to bankruptcy thus; the number of suppliers is low. Few suppliers makes the services that the industry offers to be the same and not unique in any way (Steel Industry Profile, 2013). The fourth force is the buyer’s bargaining power and the number of customers is high. When the number of customers is high then the supply price becomes sensitive. The costs that customers have to go through to switch to a differential product are relatively low. The fifth force is a threat to the substitutes where the prices of switching to substitutes is high and thus the companies must adjust their prices so that they are able to compete with plastics, composites, and aluminum which are