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Thus, construction safety is intended to ensure a safe environment for workers, who are required to be educated on safety at each site. [12] Construction workers must remain vigilant by keeping work areas clear, learning safe lifting techniques, being aware of seasonal hazards, and regularly inspecting all equipment, among other preventive ...
Construction site and equipment prepared for start of work in Cologne, Germany (2017) Construction is a general term meaning the art and science of forming objects, systems, or organizations. [1] It comes from the Latin word constructio (from com-"together" and struere "to pile up") and Old French construction. [2]
In any technical subject, words commonly used in everyday life acquire very specific technical meanings, and confusion can arise when someone is uncertain of the intended meaning of a word. This article explains the differences in meaning between some technical terms used in economics and the corresponding terms in everyday usage.
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
Among the construction trades, in most industrialized countries, each has a distinct 2-5 year craft apprenticeship education and usually once started a worker remains in a single craft and progresses through ranks of skill for the duration of their career (pre-apprentice, apprentice, and journeyman; some countries include a post-journeyman ...
A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...
A general contractor is a construction manager employed by a client, usually upon the advice of the project's architect or engineer. [7] General Contractors are mainly responsible for the overall coordination of a project and may also act as building designer and construction foreman (a tradesman in charge of a crew).
Union, heavy construction and highway construction laborers earn on average (2008 US) $25.47/h compared to 13.72/h for non-union laborers. [5] In addition to paid earnings, union laborers enjoy the benefits of medical insurance, vacation pay, pension plans, representation and vocational schools; totaling $45/hr (2012 US) and some with special ...