University | Singapore University of Social Science (SUSS) |
Subject | BPM201 Construction Economics Assignment, SUSS, Singapore |
BPM201 Construction Economics Assignment, SUSS, Singapore: Sometime in 2015 the public sector overtook the private sector in the construction contract value awarded.
Question 1
Refer to Table 1.1 and answer the following questions:
(a) Sometime in 2015 the public sector overtook the private sector in the construction contract value awarded. Identify and explain the sub-sector(s) that have driven these two sectors over the last ten years. Discuss why these drivers could have changed from 2015.
(b) The Building Construction Authority (BCA) suggested that the construction contract value awarded remains healthy. Identify some of the pump priming construction projects injected by the Singapore government since 2012. Evaluate if they are for pump priming and how they helped the construction industry survive.
Question 2
(a) As construction is labor intensive, contractors need to hire migrant workers yet maintain cost. Discuss which two theories of wages are applicable to construction migrant workers and the weakness of your selected theories.
(b) Explain how the ‘winner’s curse’ theory is a lose-lose for constructors.
cta_question_
Question 3
The Singapore Contractor Association Ltd published a 2015 survey as shown in Figure 3.1. In relation to the construction industry structure, evaluate what are the competitive strategies suitable for:
(a) Small construction companies.
(b) Large construction companies.
Question 4
Quote from BCA.
“BCA is championing the refreshed Built Environment (BE) Industry Transformation Map (ITM) which amalgamates the previous Construction and Real Estate (Facilities Management) ITMs into a single ITM, focusing on a value-chain approach to seize opportunities for the Built Environment sector. Our vision for the Facilities Management (FM) sector is to transform the industry from a labor-intensive to productive one, towards an Integrated and Aggregated FM service model that is driven by technology adoption.”
(a) Discuss the shift in focus by BCA to incorporate Facilities Management in the transformation of the construction industry.
(b) Explain the possible hurdles to digitalizing construction
Buy Custom Answer of This Assessment & Raise Your Grades
For Singapore University of Social Science (SUSS) students, we offer a comprehensive range of academic support services, including TMA assistance, individual assignments, top-notch Assignment Writing Service Singapore, and meticulous Report Writing Services. When faced with the challenging BPM201 Construction Economics Assignment, which explores the shift in construction contract values between the public and private sectors, our experts are here to help. Focus on your studies and trust us to ensure your academic success.
- Business Accounting & Finance – (VM) – A3 Assignment, UOM, Singapore
- HRM3010S: Managing People At Work, Assignment, UCD, Singapore
- HFS351: Safety Management and Audit, End-of-Course Assessment, SUSS, Singapore
- HFSY217: Emergency Preparedness and Response Planning, TMA (Tutor-Marked Assignment), SUSS
- CMM315: TMA (Tutor-Marked Assignment) – Peacebuilding and Security, SUSS, Singapore
- Harley Davidson utilized different entry mode strategies in pursuit of internationalization: Sustainable, Assignment, UoN, Singapore
- Nursing Patients With Chronic Illness, Assignment 3, LTU, Singapore: Jason Bundhoo is a 42-year-old car driver from Triolet
- DSM: R for Data Science, Coursework 2, UOL, Singapore: In this coursework assignment you should return to this dataset and perform an appropriate investigation into building a statistical model
- DSM120: Financial Data Modelling, Coursework 1, UOL, Singapore
- Data Science Final Project, Coursework 1, UOL, Singapore: Your first formal coursework submission is your full project proposal, This sets out very clearly what your Data Science Project will be, and also how you will conduct the project
UP TO 15 % DISCOUNT