Innovation Strategy And Risk In Construction

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Innovation, Strategy and Risk in Construction

Author : Martin Loosemore
Publisher : Routledge
ISBN 13 : 1136673555
Total Pages : 286 pages
Book Rating : 4.1/5 (366 download)

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Book Synopsis Innovation, Strategy and Risk in Construction by : Martin Loosemore

Download or read book Innovation, Strategy and Risk in Construction written by Martin Loosemore and published by Routledge. This book was released on 2013-12-04 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Innovation, Strategy and Risk in Construction

Author : Martin Loosemore
Publisher : Routledge
ISBN 13 : 1136673547
Total Pages : 307 pages
Book Rating : 4.1/5 (366 download)

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Book Synopsis Innovation, Strategy and Risk in Construction by : Martin Loosemore

Download or read book Innovation, Strategy and Risk in Construction written by Martin Loosemore and published by Routledge. This book was released on 2013-12-04 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : Akintola Akintoye
Publisher : John Wiley & Sons
ISBN 13 : 1405156481
Total Pages : 457 pages
Book Rating : 4.4/5 (51 download)

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Book Synopsis Construction Innovation and Process Improvement by : Akintola Akintoye

Download or read book Construction Innovation and Process Improvement written by Akintola Akintoye and published by John Wiley & Sons. This book was released on 2012-04-30 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : André Manseau
Publisher : Routledge
ISBN 13 : 135195413X
Total Pages : 184 pages
Book Rating : 4.3/5 (519 download)

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Book Synopsis Building Tomorrow: Innovation in Construction and Engineering by : André Manseau

Download or read book Building Tomorrow: Innovation in Construction and Engineering written by André Manseau and published by Routledge. This book was released on 2019-09-17 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Clients and Users in Construction

Author : Kim Haugbølle
Publisher : Taylor & Francis
ISBN 13 : 1317290054
Total Pages : 266 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis Clients and Users in Construction by : Kim Haugbølle

Download or read book Clients and Users in Construction written by Kim Haugbølle and published by Taylor & Francis. This book was released on 2017-06-14 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : Christian Brockmann
Publisher : John Wiley & Sons
ISBN 13 : 1119554756
Total Pages : 304 pages
Book Rating : 4.1/5 (195 download)

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Book Synopsis Advanced Construction Project Management by : Christian Brockmann

Download or read book Advanced Construction Project Management written by Christian Brockmann and published by John Wiley & Sons. This book was released on 2020-12-31 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : Abdelhalim Boussabaine
Publisher : John Wiley & Sons
ISBN 13 : 1405177926
Total Pages : 293 pages
Book Rating : 4.4/5 (51 download)

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Book Synopsis Risk Pricing Strategies for Public-Private Partnership Projects by : Abdelhalim Boussabaine

Download or read book Risk Pricing Strategies for Public-Private Partnership Projects written by Abdelhalim Boussabaine and published by John Wiley & Sons. This book was released on 2013-12-16 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Construction Innovation

Author : Finn Orstavik
Publisher : John Wiley & Sons
ISBN 13 : 1118655591
Total Pages : 224 pages
Book Rating : 4.1/5 (186 download)

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Book Synopsis Construction Innovation by : Finn Orstavik

Download or read book Construction Innovation written by Finn Orstavik and published by John Wiley & Sons. This book was released on 2015-01-20 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Offsite Production and Manufacturing for Innovative Construction

Author : Jack S. Goulding
Publisher : Routledge
ISBN 13 : 1351376896
Total Pages : 524 pages
Book Rating : 4.3/5 (513 download)

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Book Synopsis Offsite Production and Manufacturing for Innovative Construction by : Jack S. Goulding

Download or read book Offsite Production and Manufacturing for Innovative Construction written by Jack S. Goulding and published by Routledge. This book was released on 2019-06-19 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : Vivian Y. Tam
Publisher : Butterworth-Heinemann
ISBN 13 : 0128117508
Total Pages : 490 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Sustainable Construction Technologies by : Vivian Y. Tam

Download or read book Sustainable Construction Technologies written by Vivian Y. Tam and published by Butterworth-Heinemann. This book was released on 2019-01-03 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Innovation in Small Construction Firms

Author : Peter Barrett
Publisher : Routledge
ISBN 13 : 1134161735
Total Pages : 10 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis Innovation in Small Construction Firms by : Peter Barrett

Download or read book Innovation in Small Construction Firms written by Peter Barrett and published by Routledge. This book was released on 2008-01-11 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Social Enterprise in the Construction Industry

Author : Martin Loosemore
Publisher : Routledge
ISBN 13 : 1317583922
Total Pages : 275 pages
Book Rating : 4.3/5 (175 download)

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Book Synopsis Social Enterprise in the Construction Industry by : Martin Loosemore

Download or read book Social Enterprise in the Construction Industry written by Martin Loosemore and published by Routledge. This book was released on 2015-08-27 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Creative Construction

Author : Gary P. Pisano
Publisher : PublicAffairs
ISBN 13 : 1610398769
Total Pages : 288 pages
Book Rating : 4.6/5 (13 download)

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Book Synopsis Creative Construction by : Gary P. Pisano

Download or read book Creative Construction written by Gary P. Pisano and published by PublicAffairs. This book was released on 2019-01-15 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This myth-busting book shows large companies can construct a strategy, system, and culture of innovation that creates sustained growth. Every company wants to grow, and the most proven way is through innovation. The conventional wisdom is that only disruptive, nimble startups can innovate; once a business gets bigger and more complex corporate arteriosclerosis sets in. Gary Pisano's remarkable research conducted over three decades, and his extraordinary on-the ground experience with big companies and fast-growing ones that have moved beyond the start-up stage, provides new thinking about how the scale of bigger companies can be leveraged for advantage in innovation. He begins with the simply reality that bigger companies are, well, different. Demanding that they "be like Uber" is no more realistic than commanding your dog to speak French. Bigger companies are complex. They need to sustain revenue streams from existing businesses, and deal with Wall Street's demands. These organizations require a different set of management practices and approaches--a discipline focused on the strategies, systems and culture for taking their companies to the next level. Big can be beautiful, but it requires creative construction by leaders to avoid the creative destruction that is all-too-often the fate of too many.

ECIE 2017 12th European Conference on Innovation and Entrepreneurship

Author : Christophe Loué
Publisher : Academic Conferences and publishing limited
ISBN 13 : 1911218557
Total Pages : pages
Book Rating : 4.9/5 (112 download)

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Book Synopsis ECIE 2017 12th European Conference on Innovation and Entrepreneurship by : Christophe Loué

Download or read book ECIE 2017 12th European Conference on Innovation and Entrepreneurship written by Christophe Loué and published by Academic Conferences and publishing limited. This book was released on 2017-09-21 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Key Issues for Management of Innovative Projects

Author : Bernardo Llamas
Publisher : BoD – Books on Demand
ISBN 13 : 9535134671
Total Pages : 196 pages
Book Rating : 4.5/5 (351 download)

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Book Synopsis Key Issues for Management of Innovative Projects by : Bernardo Llamas

Download or read book Key Issues for Management of Innovative Projects written by Bernardo Llamas and published by BoD – Books on Demand. This book was released on 2017-08-30 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers pioneering experiences based on the same concept: innovation. According to Schumpeter's research, there would be four types of innovations: product or service innovation (market introduction of a new type of good), process innovation (introduction of a new type of production), market innovation (introduction of a new market in a country or a new market structure), and innovation of matter (introduction of a new raw material). This book contains ten chapters organized in four main sections: (a) "Strategic Issues," (b) "Risk Management in Innovative Projects," (c) "Economic Issues and Financing Innovation," and (d) "Leadership and Teamwork."

Towards a Sustainable Construction Industry: The Role of Innovation and Digitalisation

Author : Clinton Aigbavboa
Publisher : Springer Nature
ISBN 13 : 3031224345
Total Pages : 817 pages
Book Rating : 4.0/5 (312 download)

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Book Synopsis Towards a Sustainable Construction Industry: The Role of Innovation and Digitalisation by : Clinton Aigbavboa

Download or read book Towards a Sustainable Construction Industry: The Role of Innovation and Digitalisation written by Clinton Aigbavboa and published by Springer Nature. This book was released on 2023-04-23 with total page 817 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gathers papers from the 12th Construction Industry Development Board (CIDB) Postgraduate Research Conference, which was held at the International Convention Centre, East London, Eastern Cape, South Africa, from July 10 to 12, 2022. The conference directly addresses the objectives of SDG9: “Building resilient infrastructure, promoting inclusive and sustainable industrialization and fostering innovation”. Moreover, the conference is designed to promote capacity development and transformation within the built-environment space by providing an all-inclusive platform to established and emerging researchers to discuss the recent advancements needed to move the industry forward.

Building Better Homes

Author : Scott Hassell
Publisher : Rand Corporation
ISBN 13 : 083303409X
Total Pages : 131 pages
Book Rating : 4.8/5 (33 download)

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Book Synopsis Building Better Homes by : Scott Hassell

Download or read book Building Better Homes written by Scott Hassell and published by Rand Corporation. This book was released on 2003-02-26 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the structure, characteristics, and motivations of major participants in the housing industry to explore how innovation might be accelerated. It identifies options and strategies for the federal government to consider as it attempts to further advance innovation in housing to make homes more affordable, durable, and safe. Innovation in housing would provide benefits to a broad range of participants, including homebuilders, manufacturers, insurers, regulators, and homeowners.