Causes of Failures of Construction Essay Example | Topics and Well Written Essays - 2250 words

Causes of Failures of Construction - Essay Example As the paper discusses  the difference between procedural failures and technical failures is that the former happen because of human errors while the latter occur because of physical proximate causes. In a vast majority of cases, technical failures are an outcome of the procedural failures. Procedural failures include but are not limited to the problems of communication between the parties involved in the project, and lack of resources. On the other hand, technical failures include such circumstances as settlement of the structure because of inadequate soil compaction.   This paper discusses the administrative causes of failure in the construction projects. Administrative causes of failure of a construction project are fundamentally controlled by the project management. Management’s ability to cope with both the internal and external factors of risk for a certain construction project plays a decisive role in determining the success of a project. Causes of failure of construction projects discussed in this paper include human and organizational aspects and change management with referral to certain case studies.  Canyon Views Project is a project of construction of villas in DHA Phase II Extension, Islamabad, Pakistan. Bridgestone Construction Company has served as the general contractor on this project.  One reason for the delay of accomplishment of milestones is the frequency of change of project managers of the general contractor.  ... Management’s ability to cope with both the internal and external factors of risk for a certain construction project plays a decisive role in determining the success of a project. Causes of failure of construction projects discussed in this paper include human and organizational aspects and change management with referral to certain case studies. Case Study: Canyon Views Project Canyon Views Project is a project of construction of villas in DHA Phase II Extension, Islamabad, Pakistan. Bridgestone Construction Company has served as the general contractor on this project. Although the project is in progress and cannot be considered as a failure altogether, yet the individual milestones in the way of execution of the project were not timely accomplished due to which the customers of villas had to wait for considerable time to enter their villas after making the payment. One reason for the delay of accomplishment of milestones is the frequency of change of project managers of the g eneral contractor. Bridgestone Construction Company saw many changes of project manager. Within just the first two years of the start of project’s execution, at least three project managers had been changed. Some left the company on their own after working in it for some while while the others were terminated b the general manager (GM). The reason project managers could not stay for long on the project was not quite hidden from the workforce. The GM had had so much influence and control on the project, that he would not let the project managers exercise their rights as a project manager on the construction site. Any decision taken by the project managers seeked approval of GM before

NIKE Stock Analysis Research Paper Example | Topics and Well Written Essays - 3750 words

NIKE Stock Analysis - Research Paper Example The paper presents SWOT analysis that helps the company identify various parameters for strengths and weaknesses in a business scenario. Diversification procedure requires an established in the most viable way. This will make sure that the risk attribute is no longer a problem in any undertakings. The analysis of the company and its business depicts a variety of shoes products that displays at the company’s platform. Footwear and other athletic products and accessories make up a large part of the company’s priority areas. Other key products line includes the athletic apparel, sporting equipments, athletic shoes and other internationally recognized sports gear. The strategic analysis of Nike revolves around the strong point derived by the quality products offered by the company. In the footwear products and the apparel, a lot of innovation encompasses such moves and the final products of such innovation are a high quality tailor product that engages the user. The marketi ng inclination of Nike products reaches a substantial market segment. The advertising procedure employed by the company reveal many product features that correspond to the actual product components. A hugely weighty issue to put in to consideration is the quality of Nike's products. The quality achievement by Nike involved a lot of market research at the inception stage. This created a stable market grounds that has continued to ensure a high demand in the mainstream products. There is a revealed competitive strategy enjoyed on a exceptionally strong point.The concentration of the company in to a large product offering is indifference. Differentiated strategy works well with Nike. The company encounters a lot of competition. Companies like Abercrombie & Fitch offers to compete products in the same field of business. Nike engages in product variation. This aims to see to it that its products meet every day specific needs of its customers. The long-standing culture of the company requ ires a through products review so that a high and top priority is concentrated to the home products.A high corporate culture strengthens the company’s long-term existence in its business industry. Employee loyalty and product branding necessitated a need for company branding. The achievement of such a task had an overhaul in the overall marketing strategy of the firm. Coffee cups branding and engrossing â€Å"Nike† influenced the product line of products. This further increases a high sense of promotion to the corporate company image. Nike’s headquarters does not appear like a normal office. It is branded the name â€Å"campus† to create a positive sense to the employee’s welfare. The players in the industry cohabitate in an extraordinarily way Growth Strategy of the Firm Nike’s strategy of growth focuses on the sale increment by â€Å"40% by 2015†. The demands for the products produced by Nike are attributable to technological advanc ement. An example can be the Nikeplus.com that has about three million followers or members. There is still a focus to concentrate much on women’s product since there is an emerging demand in today’s world. This is because of women involvement in major sporting activities than ever before.