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It was not an entirely original concept. There had been a few previous examples of similar processes—Tishman Construction (now part of AECOM) provided Construction Management services for the World Trade Center that was built with phased construction (construction begin in 1966, the building was destroyed September 11, 2001).
Some argue that Quick Response Manufacturing differs from Quick Response (QR) methods used in the apparel industry and the fast fashion market. QRM is a companywide management strategy applicable to a wide variety of businesses, whereas QR primarily stands for a specific business model in a particular industry. [ 3 ]
Capital program management software (CPMS) refers to the systems that are currently available that help building owner/operators, program managers, and construction managers, control and manage the vast amount of information that capital construction projects create. A collection, or portfolio of projects only makes this a bigger challenge.
In an effort to assist industry professionals with the selection of appropriate project delivery systems, construction management researchers have prepared a Procurement Method and Contract Selection Model, which can be used for high level decision making for construction projects on a case-by-case basis. [3]
Turnaround is a blanket term that encompasses more specific terms such as I&Ts (inspection and testing), and maintenance. Turnaround can also be used as a synonym of downtime . Related terms are shutdowns, and outages [ 1 ] sometimes written as Turnarounds, Shutdowns, and Outages (TSO).
Program management is used in many business sectors such as business transformation, change management, construction, engineering, event planning, health care and information technology. In the defense sector, it is the preferred approach to managing large scale projects.
Turnaround management does not only apply to distressed companies, it, in fact, can help in any situation where direction, strategy or a general change of the ways of working needs to be implemented. Therefore, turnaround management is closely related to change management, transformation management and post-merger-integration management.
Construction Management education comes in a variety of formats: formal degree programs (two-year associate degree; four-year baccalaureate degree, master's degree, project management, operations management engineer degree, doctor of philosophy degree, postdoctoral researcher); on-the-job-training; and continuing education and professional ...
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