Podcast
Questions and Answers
Which sector of the construction industry primarily focuses on public works like roads and bridges?
Which sector of the construction industry primarily focuses on public works like roads and bridges?
What is the largest product producing industry in the United States?
What is the largest product producing industry in the United States?
Which of the following is NOT a type of Residential construction mentioned?
Which of the following is NOT a type of Residential construction mentioned?
Which component is included in the Industrial construction sector?
Which component is included in the Industrial construction sector?
Signup and view all the answers
Institutional and Commercial construction caters mainly to what kind of purposes?
Institutional and Commercial construction caters mainly to what kind of purposes?
Signup and view all the answers
Which of the following construction sectors involves constructing roads, aqueducts, and power lines?
Which of the following construction sectors involves constructing roads, aqueducts, and power lines?
Signup and view all the answers
What type of facility is primarily associated with the Industrial construction sector?
What type of facility is primarily associated with the Industrial construction sector?
Signup and view all the answers
Which of the following is a specific example of Heavy/Civil Engineering construction?
Which of the following is a specific example of Heavy/Civil Engineering construction?
Signup and view all the answers
Which of the following roles is primarily associated with Construction Contractors?
Which of the following roles is primarily associated with Construction Contractors?
Signup and view all the answers
What is a key feature of industrial buildings constructed between the 1920s and onward?
What is a key feature of industrial buildings constructed between the 1920s and onward?
Signup and view all the answers
During which period were significant advances made in construction methods for industrial buildings?
During which period were significant advances made in construction methods for industrial buildings?
Signup and view all the answers
What role did railroads play in the development of the United States?
What role did railroads play in the development of the United States?
Signup and view all the answers
Which of the following man-made canals was completed first?
Which of the following man-made canals was completed first?
Signup and view all the answers
Which construction feature became prevalent in industrial buildings during the 1920s?
Which construction feature became prevalent in industrial buildings during the 1920s?
Signup and view all the answers
What was significant about early canals in relation to civilization?
What was significant about early canals in relation to civilization?
Signup and view all the answers
What development occurred in industrial building construction methods after 1904?
What development occurred in industrial building construction methods after 1904?
Signup and view all the answers
What was a significant limitation of buildings in the 1800s regarding their height?
What was a significant limitation of buildings in the 1800s regarding their height?
Signup and view all the answers
Which engineering innovation was NOT essential for the development of skyscrapers?
Which engineering innovation was NOT essential for the development of skyscrapers?
Signup and view all the answers
What does the caisson method refer to in the context of construction?
What does the caisson method refer to in the context of construction?
Signup and view all the answers
How did the management of construction change from ancient times to modern practices?
How did the management of construction change from ancient times to modern practices?
Signup and view all the answers
What primarily determines the demand for different types of construction products?
What primarily determines the demand for different types of construction products?
Signup and view all the answers
Which construction type is NOT mentioned as a traditional material compared to modern materials?
Which construction type is NOT mentioned as a traditional material compared to modern materials?
Signup and view all the answers
What is a characteristic aspect of construction projects in terms of pricing?
What is a characteristic aspect of construction projects in terms of pricing?
Signup and view all the answers
Which statement best characterizes modern construction practices?
Which statement best characterizes modern construction practices?
Signup and view all the answers
What is the main concern management addresses in construction projects?
What is the main concern management addresses in construction projects?
Signup and view all the answers
Which of the following is NOT one of the 4 M’s that drive construction projects?
Which of the following is NOT one of the 4 M’s that drive construction projects?
Signup and view all the answers
What percentage of national GDP is attributed to the construction industry?
What percentage of national GDP is attributed to the construction industry?
Signup and view all the answers
Which management level focuses on project attributes and physical components?
Which management level focuses on project attributes and physical components?
Signup and view all the answers
What is the average size of a construction company?
What is the average size of a construction company?
Signup and view all the answers
Which stage comes first in the linear project life cycle?
Which stage comes first in the linear project life cycle?
Signup and view all the answers
What is the failure rate of construction businesses?
What is the failure rate of construction businesses?
Signup and view all the answers
How much of the overall construction work is performed by the top 40 companies?
How much of the overall construction work is performed by the top 40 companies?
Signup and view all the answers
Study Notes
Construction Industry Overview
- The construction industry is the second largest industry in the United States, behind health services, and the largest product-producing industry.
- The industry is comprised of four sectors: residential, heavy/civil engineering, industrial, and institutional and commercial.
Residential Construction
- Residential construction includes single-family homes, condominiums, townhouses, and multi-family homes.
Heavy/Civil Engineering
- Heavy/civil engineering includes the construction of public and private works, such as roads, aqueducts, sewers, bridges, dams, power lines, and natural gas pipelines.
Industrial Construction
- Industrial construction includes facilities used for mineral resource exploitation, raw materials transformation, and goods production.
- Examples include manufacturing facilities, warehouses, construction equipment storage, and machinery storage.
Institutional and Commercial Construction
- Institutional and commercial construction includes structures used for institutional and commercial purposes.
- Examples include educational centers, entertainment facilities, financial institutions, hotels, libraries, religious centers, restaurants, and tenant improvements.
Construction Industry Importance
- The construction industry generates over $1 trillion in annual volume.
- The top 40 companies perform between 25-35% of the construction work.
- It contributes between 8-13% of the national GDP.
- The industry employs over 10 million people.
- The construction industry has a low investment in research and development (R&D), at approximately 0.4% of sales.
- It is considered an "easy entry" industry, with businesses failing at a rate of 20%, with an average company size of less than 10 employees.
Construction Projects
- Projects are resource driven, requiring manpower, machines, materials, and money.
- Management concerns include time, cost, quality, safety, and environmental impact.
Project Development
- The project life cycle follows a linear process, starting with the owner's need and ending with the disposal process.
- Key stages include feasibility assessment, preliminary and final engineering and design, bidding and contract award, construction activities and management, facility use and management.
- Success requires effective collaboration and good relations between the owner, engineer, and contractor.
Management in Construction
- Construction management is divided into organizational, project, operational (and process), and task levels.
- Organizational level - focuses on project attributes and physical components.
- Project level - focuses on project activities and management.
- Operational and process level - focuses on field actions and technological processes.
- Task Level - focuses on individual work tasks.
Construction Industry Differences
- The modern construction industry differs from ancient construction in several ways:
- Increased mechanization
- Specialized management compared to master builders
- Use of steel and concrete frames, compared to wood and stone.
- Larger project scales
- Use of improved and new building materials.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Related Documents
Description
This quiz explores the key sectors of the construction industry, including residential, heavy/civil engineering, industrial, and institutional and commercial construction. Understanding these areas is essential for anyone interested in the dynamics of the largest product-producing industry in the U.S.
