Innovation Strategy And Risk In Construction

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Innovation, Strategy and Risk in Construction

Martin Loosemore
Innovation Strategy and Risk in Construction Book PDF

Author : Martin Loosemore
Publisher : Routledge
Page : 307 pages
File Size : 44,9 Mb
Release : 2013-12-04
Category : Business & Economics
ISBN : 9781136673542

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Innovation, Strategy and Risk in Construction by Martin Loosemore Pdf

Innovation, Strategy and Risk in Construction integrates insights from business and government leaders with contemporary research, to help built environment professionals turn serendipity to their own advantage by building greater innovative and adaptive capacity into their operations. Accessible and full of practical examples, the book argues that traditional business strategies which seek to systematise innovation and eliminate uncertainty need to be balanced with more flexible approaches which acknowledge and harness uncertainty. The missing key to innovation, it is argued, is to turn serendipity into capability. The author proposes a simple model which allows managers to tap into the increasingly dynamic and interconnected nature of the construction industry. Innovation does not occur in isolation within individual firms, but through collaboration. Each stakeholder in the construction industry has a responsibility to drive innovation, and this book will be key reading for consultants, contractors, subcontractors, suppliers and clients, as well as policy makers and all serious students of construction management.

Construction Innovation and Process Improvement

Akintola Akintoye,Jack Goulding,Girma Zawdie
Construction Innovation and Process Improvement Book PDF

Author : Akintola Akintoye,Jack Goulding,Girma Zawdie
Publisher : John Wiley & Sons
Page : 457 pages
File Size : 47,6 Mb
Release : 2012-04-30
Category : Technology & Engineering
ISBN : 9781405156486

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Construction Innovation and Process Improvement by Akintola Akintoye,Jack Goulding,Girma Zawdie Pdf

Innovation in construction is essential for growth. The industry strives to remain competitive using a variety of approaches and needs to engage structured initiatives linked to proven innovation concepts, techniques and applications. Even in mature markets like the Architecture, Engineering and Construction (AEC) sector, where business behaviour is generally considered as being risk averse, it is increasingly important to embed innovation into mainstream business practices. In Construction Innovation and Process Improvement a number of wide ranging issues from construction practice in different countries with different contexts are presented to provide a rich collection of literature embracing theory and practice. Chapters are divided into three broad themes of construction innovation relating to: Theory and Practice; Process Drivers; and Future Technologies. Several questions are posed, including for example: What is particularly unique about construction innovation in theory and practice? What are the major drivers of construction innovation? What factors are needed to support and deliver future construction technologies? In attempting to respond to such questions, the book sheds new light on these challenges, and provides readers with a number of ways forward, especially cognisant of the increased role of globalisation, the enhanced impact of knowledge, and importance of innovation. All these can have a significant impact on strategic decision-making, competitive advantage, and sustainable policies and practices. Part One deals with change management, technology, sustainable construction, and supply chain management; Part Two addresses innovation and process improvement drivers, including strategic management, concurrent engineering, risk management, innovative procurement, knowledge management; Part Three explores future technologies in construction – and particularly, how these can be harnessed and leveraged to help procure innovation and process improvement.

Building Tomorrow: Innovation in Construction and Engineering

André Manseau
Building Tomorrow Innovation in Construction and Engineering Book PDF

Author : André Manseau
Publisher : Routledge
Page : 184 pages
File Size : 41,7 Mb
Release : 2019-09-17
Category : Architecture
ISBN : 9781351954136

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Building Tomorrow: Innovation in Construction and Engineering by André Manseau Pdf

In the past decade construction and engineering have changed dramatically, with an explosion of innovative new approaches to construction and new methodologies. By bringing together economic, social and construction/engineering management perspectives, this book offers a unique and comprehensive survey of these approaches and techniques. It presents a history of studies in innovation in construction and engineering, and then presents the most recent models of innovation brokering and risk-management, based on complex project-based industries. Innovation is defined and competing theories are discussed in the light of operational issues. The book covers all aspects, including the importance of construction and engineering 'cultures' in the trades for successful project innovation. It also discusses the role of government and policy makers, the implications of rapid change for the building trades and skilled labour, and the difficulty of measuring innovation quantitatively.

Innovation in Small Construction Firms

Peter Barrett,Martin Sexton,Angela Lee
Innovation in Small Construction Firms Book PDF

Author : Peter Barrett,Martin Sexton,Angela Lee
Publisher : Routledge
Page : 10 pages
File Size : 48,9 Mb
Release : 2008-01-11
Category : Technology & Engineering
ISBN : 9781134161737

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Innovation in Small Construction Firms by Peter Barrett,Martin Sexton,Angela Lee Pdf

Innovation in Small Construction Firms promotes the benefits of innovation, and stimulate innovation capability within and between small and medium sized (SMEs) construction firms in an effort to bring in a new 'can innovate, should innovate, want to innovate' culture to the construction industry. Presenting new theoretical and practical insights and models grounded in descriptive case studies, the issues addressed include: what is the motivation to innovate? what is appropriate innovation? how can small construction firms create, manage and exploit innovation? what practice-based models, tools and techniques support the capability of small construction firms to innovate well? how does this fit in the context of leading international work in construction innovation? Findings are contextualised in the broader literature to make them of relevance to policy makers, practitioners and researchers interested in small, project-based firms in general.

Construction Innovation

Finn Orstavik,Andrew R. J. Dainty,Carl Abbott
Construction Innovation Book PDF

Author : Finn Orstavik,Andrew R. J. Dainty,Carl Abbott
Publisher : John Wiley & Sons
Page : 224 pages
File Size : 54,9 Mb
Release : 2015-03-02
Category : Technology & Engineering
ISBN : 9781118655559

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Construction Innovation by Finn Orstavik,Andrew R. J. Dainty,Carl Abbott Pdf

Construction innovation is an important but contested concept, both in industry practice and academic reflection and research. A fundamental reason for this is the nature of the construction industry itself: the industry and the value creation activities taking place there are multi-disciplinary, heterogeneous, distributed and often fragmented. This book takes a new approach to construction innovation, revealing different perspectives, set in a broader context. It coalesces multiple theoretical and practice-based views in order to stimulate reflection and to prepare the ground for further synthesis. By being clear, cogent and unambiguous on the most basic definitions, it can mobilise a plurality of perspectives on innovation to promote fresh thinking on how it can be studied, enabled, measured, and propagated across the industry. This book does not gloss over the real-life complexity of construction innovation. Instead, its authors look explicitly at the challenges that conceptual issues entail and by making their own position clear, they open up fresh intellectual space for reflection. Construction Innovation examines innovation from different positions and through different conceptual lenses to reveal the richness that the theoretical perspectives offer to our understanding of the way that the construction sector actors innovate at both project and organizational levels. The editors have brought together here leading scholars to deconstruct the concept of innovation and to discuss the merits of different perspectives, their commonalities and their diversity. The result is an invaluable sourcebook for those studying and leading innovation in the design, the building and the maintenance of our built environment.

Clients and Users in Construction

Kim Haugbølle,David Boyd
Clients and Users in Construction Book PDF

Author : Kim Haugbølle,David Boyd
Publisher : Taylor & Francis
Page : 266 pages
File Size : 55,9 Mb
Release : 2017-06-14
Category : Technology & Engineering
ISBN : 9781317290056

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Clients and Users in Construction by Kim Haugbølle,David Boyd Pdf

Clients have been identified as critical for building delivery but have been under-researched with only a few studies about them. This book seeks to address this gap. A deeper look into the nature of construction clients and their relation to building users exposes more fundamental questions related to the activity of building and the activity in the building. These fundamental questions include 'How do clients get what they want?', 'How do clients cope with the building process?', and 'How are clients being shaped by building(s)?'. This book on clients and users is structured around three main themes: Agency is concerned with the classical agency/structure dichotomy on actions, roles and responsibilities or, put differently, whether actors can act freely or are bound by structural constraints. Governance is related to the interplay between clients and the supply system: clients govern the supply system but are at the same time governed by the supply system through different processes and mechanisms. Innovation deals with construction innovation and what part clients and users play in this struggle between change and stability. The book includes theoretical and conceptual frameworks on what constitutes clients and users as well as case studies on R&D themes of relevance to practice.

Advanced Construction Project Management

Christian Brockmann
Advanced Construction Project Management Book PDF

Author : Christian Brockmann
Publisher : John Wiley & Sons
Page : 304 pages
File Size : 52,5 Mb
Release : 2020-12-31
Category : Technology & Engineering
ISBN : 9781119554752

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Advanced Construction Project Management by Christian Brockmann Pdf

An essential guide to the structure, dynamics, and management of construction megaprojects Advanced Construction Project Management is a comprehensive resource that covers the myriad aspects of implementing a megaproject from a contractor’s perspective. With many years’ experience of managing construction megaprojects, the author provides an in-depth exploration of the structure, dynamics and management of these demanding projects. In addition, the book gives all stakeholders a clear understanding of the complexity of megaprojects and offers contractors the insight and essential tools needed for achieving results. As the trend to plan and implement ever-larger projects looks likely to continue into the future, the need for a guide to understand the challenges of managing a megaproject couldn’t be greater. Comprehensive in scope, the book explores the theoretical background, economics, complexity, phases, strategic planning, engineering, coordination, and common challenges of megaprojects. The book also provides the tools for managing stakeholder integration. This important book: Describes the structure, dynamics and management of megaprojects Explores the management activities required and examines the appropriate tools for the management of megaprojects Includes tools for stakeholder integration Provides an advanced understanding of construction management concepts Written for managers, project managers and engineers, and cost consultants, Advanced Construction Project Management covers, in one complete volume, the information needed to lead a successful project.

Risk Pricing Strategies for Public-Private Partnership Projects

Abdelhalim Boussabaine
Risk Pricing Strategies for Public Private Partnership Projects Book PDF

Author : Abdelhalim Boussabaine
Publisher : John Wiley & Sons
Page : 293 pages
File Size : 41,6 Mb
Release : 2013-10-10
Category : Technology & Engineering
ISBN : 9781118785768

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Risk Pricing Strategies for Public-Private Partnership Projects by Abdelhalim Boussabaine Pdf

Risk Pricing Strategies for Public-Private Partnership Projects Innovation in the Built Environment The complexity of public–private partnership (PPP) project procurement requires an effective process for pricing, managing and appropriate allocation of risks. The level at which risk is priced and the magnitude of risks transferred to the private sector will have a significant impact on the cost of the PPP deals as well as on the value for money analysis and on the selection of the optimum investment options. The construction industry tends to concentrate on the effectiveness of risk management strategies and to some extent ignores the price of risk and its impact on whole life cost of building assets. There is a pressing need for a universal framework for the determination of fair value of risks throughout the PPP procurement processes. Risk Pricing Strategies for Public–Private Partnership Projects addresses the issues of risk pricing and demonstrates the use of a coherent strategy to arrive at a fair risk price. The focus of the book is on providing risk pricing strategies to maximise return on risk retention and allocation in the procurement of PPP projects. With its up-to-date coverage of the latest developments in risk pricing, and comprehensive treatment of the methodologies involved in designing and building risk pricing strategies, the book offers a simple model for pricing risks. The book follows a thematic structure: PPP processes map; risk, uncertainty and bias; risk pricing management strategies; risk pricing measurement and modelling; risk pricing at each of the project life-cycle stages – and deals with all the important risk pricing issues, using relevant real-world situations through case study examples. It explains how the theory and strategies of risk pricing can be successfully applied to real PPP projects and reflects the broad understanding required by today’s project risk analysts, in their new and important role in PPP contract management. Also in the IBE series Managing Change in Construction Projects Senaratne & Sexton 978 14443 3515 6 Innovation in Small Professional Practices in the Built Environment Lu & Sexton 978 14051 9140 1 Other books of interest Urban Infrastructure: Finance and Management Wellman & Spiller 978 0 470 65635 8 Project Finance for Construction and Infrastructure Pretorius, Chung-Hsu, McInnes, Lejot & Arner Construction Supply Chain Management Pryke 978 14051 5844 2 Policy, Finance & Management for Public-Private Partnerships Edited by Akintoye & Beck 978 14051 7791 7 Strategic Issues in Public-Private Partnerships, 2nd Edition Dewulf, Blanken & Bult-Spiering 978 0 470 65635 8

Offsite Production and Manufacturing for Innovative Construction

Jack S. Goulding,Farzad Pour Rahimian
Offsite Production and Manufacturing for Innovative Construction Book PDF

Author : Jack S. Goulding,Farzad Pour Rahimian
Publisher : Routledge
Page : 524 pages
File Size : 55,7 Mb
Release : 2019-06-19
Category : Architecture
ISBN : 9781351376891

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Offsite Production and Manufacturing for Innovative Construction by Jack S. Goulding,Farzad Pour Rahimian Pdf

The offsite and modular market is continuing to grow. This book builds on the success of a number of initiatives, including formative findings from literature, research and development and practice-based evidence (success stories). It presents new thinking and direction from leading experts in the fields of: design, process, construction, engineering, manufacturing, logistics, robotics, delivery platforms, business and transformational strategies, change management, legislation, organisational learning, software design, innovation and biomimetics. This book is particularly novel and timely, as it brings together a number of cogent subjects under one collective ‘umbrella’. Each of these chapters contain original findings, all of which culminate in three 'Key Learning Points' which provide new insight into the cross-cutting themes, interrelationships and symbiotic forces that exist between each of these chapters. This approach also provides readers with new contextualised understanding of the wider issues affecting the offsite market, from the need to embrace societal challenges, through to the development of rich value-laden solutions required for creating sector resilience. Content includes a balance between case studies and practice-based work, through to technical topics, theoretical propositions, pioneering research and future offsite opportunities ready for exploitation. This work includes: stakeholder integration, skills acquisition, new business models and processes, circularity and sustainable business strategies, robotics and automation, innovation and change, lean production methodologies and new construction methods, Design for Manufacturing and Assembly, scaled portfolio platforms and customisability, new legal regulatory standards and conformance issues and offsite feasibility scenario development/integration.

Sustainable Construction Technologies

Vivian Y. Tam,Khoa N. Le
Sustainable Construction Technologies Book PDF

Author : Vivian Y. Tam,Khoa N. Le
Publisher : Butterworth-Heinemann
Page : 490 pages
File Size : 42,8 Mb
Release : 2019-01-03
Category : Technology & Engineering
ISBN : 9780128117507

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Sustainable Construction Technologies by Vivian Y. Tam,Khoa N. Le Pdf

Sustainable Construction Technologies: Life-Cycle Assessment provides practitioners with a tool to help them select technologies that are financially advantageous even though they have a higher initial cost. Chapters provide an overview of LCA and how it can be used in conjunction with other indicators to manage construction. Topics covered include indoor environment quality, energy efficiency, transport, water reuse, materials, land use and ecology, and more. The book presents a valuable tool for construction professionals and researchers that want to apply sustainable construction techniques to their projects. Practitioners will find the international case studies and discussions of worldwide regulation and standards particularly useful. Provides a framework for analyzing sustainable construction technologies and economic viability Introduces key credit criteria for different sustainable construction technologies Covers the most relevant construction areas Includes technologies that can be employed during the process of construction, or to the product of the construction process, i.e. buildings Analyzes international rating systems and provides supporting case studies

Social Enterprise in the Construction Industry

Martin Loosemore,Dave Higgon
Social Enterprise in the Construction Industry Book PDF

Author : Martin Loosemore,Dave Higgon
Publisher : Routledge
Page : 275 pages
File Size : 54,8 Mb
Release : 2015-08-27
Category : Technology & Engineering
ISBN : 9781317583929

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Social Enterprise in the Construction Industry by Martin Loosemore,Dave Higgon Pdf

Through the emerging lens of social enterprise, this book examines how the global construction industry can engage more effectively with the communities in which it builds, addressing disadvantage and environmental degradation to leave a positive legacy for future generations. Combining insights from leading research and real-life case studies of social enterprise in the construction sector, the result is a practical framework which will help social enterprises, clients, consultants and construction firms work collectively to build a thriving social enterprise sector. Readers of this timely book will learn to embrace social enterprise and an important new sector in the global construction industry. They will learn to see community involvement as an opportunity rather than a risk, and fully understand the broader role they can play in building a fairer and more sustainable society.

Risk Management in Engineering and Construction

Stephen Ogunlana,Prasanta Kumar Dey
Risk Management in Engineering and Construction Book PDF

Author : Stephen Ogunlana,Prasanta Kumar Dey
Publisher : Routledge
Page : 458 pages
File Size : 51,5 Mb
Release : 2019-09-09
Category : Technology & Engineering
ISBN : 9781134019298

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Risk Management in Engineering and Construction by Stephen Ogunlana,Prasanta Kumar Dey Pdf

Today’s businesses are driven by customer ‘pull’ and technological ‘push’. To remain competitive in this dynamic business world, engineering and construction organizations are constantly innovating with new technology tools and techniques to improve process performance in their projects. Their management challenge is to save time, reduce cost and increase quality and operational efficiency. Risk management has recently evolved as an effective method of managing both projects and operations. Risk is inherent in any project, as managers need to plan projects with minimal knowledge and information, but its management helps managers to become proactive rather than reactive. Hence, it not only increases the chance of project achievement, but also helps ensure better performance throughout its operations phase. Various qualitative and quantitative tools are researched extensively by academics and routinely deployed by practitioners for managing risk. These have tremendous potential for wider applications. Yet the current literature on both the theory and practice of risk management is widely scattered. Most of the books emphasize risk management theory but lack practical demonstrations and give little guidance on the application of those theories. This book showcases a number of effective applications of risk management tools and techniques across product and service life in a way useful for practitioners, graduate students and researchers. It also provides an in-depth understanding of the principles of risk management in engineering and construction.

Corporate and Innovation Strategy in Construction

Martin Sexton,Lu Shu-Ling
Corporate and Innovation Strategy in Construction Book PDF

Author : Martin Sexton,Lu Shu-Ling
Publisher : Spon Press
Page : 256 pages
File Size : 46,8 Mb
Release : 2012-01-11
Category : Technology & Engineering
ISBN : 0415473896

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Corporate and Innovation Strategy in Construction by Martin Sexton,Lu Shu-Ling Pdf

Corporate strategies and innovation strategies can be viewed separately but their inter-relations and interdependence provide a good reason for approaching them jointly as key themes in the development of a successful, sustainable and responsible business. This is true in the construction industry. Indeed the need to develop corporate and innovation competency in construction professionals as part of their acquisition of strategic management knowledge and skills, and so to satisfy society and clients’ needs, is increasingly being appreciated and prioritised. Few textbooks provide students with the required frameworks, concepts and practical examples to develop their corporate and innovation strategic understanding and thinking. Existing books tend to concentrate on one or the other, and to generally focus on different levels of analysis such as at the policy level or in international business. This new textbook offers new theoretical and practical insights and models grounded in descriptive case studies and action research, focused on corporate and innovation strategy across a number of different construction firm types. It provides essential reading for a wide range of built environment undergraduate and postgraduate taught programmes, and is an invaluable resource for academic researchers. It should also be of interest to senior managers who want guidance and real world examples for designing and implementing more successful corporate and innovation strategies in their construction firms.

Innovation in Construction

Seyed Hamidreza Ghaffar,Paul Mullett,Eujin Pei,John Roberts
Innovation in Construction Book PDF

Author : Seyed Hamidreza Ghaffar,Paul Mullett,Eujin Pei,John Roberts
Publisher : Springer Nature
Page : 466 pages
File Size : 53,6 Mb
Release : 2022-03-23
Category : Technology & Engineering
ISBN : 9783030957988

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Innovation in Construction by Seyed Hamidreza Ghaffar,Paul Mullett,Eujin Pei,John Roberts Pdf

This book tackles the complex topic of implementing innovation and the successful application of advanced technology in the construction industry. It provides a practical guide for the transformation of the industry by detailing appropriate and effective implementation methods, required skill sets and structural changes necessary to facilitate the practical and innovative application of technology. The construction industry is behind other industries in its level of innovation and adoption of technology, and is of critical importance to many of today’s global challenges, such as climate change, global warming and resource scarcity. There is therefore a need for smarter and more efficient ways of managing available resources. This book elaborates on how the innovative application of technology could offer hope for the construction industry in it’s imperative to rise to current and future global challenges. It includes the real-world case studies of innovative projects that go beyond the current state-of-the-art academic research, and have improved productivity, quality and performance in the construction sector. This book provides readers from both industrial and academic backgrounds with a comprehensive guide on transforming the construction industry with the efficient and effective implementation of technologies and modern methods of construction.

The Role of Public Agencies in Fostering New Technology and Innovation in Building

National Research Council,Division on Engineering and Physical Sciences,Commission on Engineering and Technical Systems,Committee on New TechnologyInnovation in Building
The Role of Public Agencies in Fostering New Technology and Innovation in Building Book PDF

Author : National Research Council,Division on Engineering and Physical Sciences,Commission on Engineering and Technical Systems,Committee on New TechnologyInnovation in Building
Publisher : National Academies Press
Page : 142 pages
File Size : 51,6 Mb
Release : 1992-02-01
Category : Technology & Engineering
ISBN : 9780309047838

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The Role of Public Agencies in Fostering New Technology and Innovation in Building by National Research Council,Division on Engineering and Physical Sciences,Commission on Engineering and Technical Systems,Committee on New TechnologyInnovation in Building Pdf

This book explores innovation in the U.S. construction-related industries (i.e., design services, construction, building materials and products manufacture, and facilities operation and maintenance) and recommends a strategy for fostering new technology. These industries account for about ten percent of the U.S. economy; federal agencies themselves spend some $15 billion annually on construction. A government strategy based on federal agencies that encourage applications of new technology for their own projects, activities to enhance the pursuit and effective transfer of new technology to the U.S. private sector, and increased support for targeted efforts to develop new technologies in specific areas will yield many benefits. These include better cost, quality, and performance in government facilities, generally improved quality of life, and enhanced U.S. industrial competitiveness in international markets.