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With the traditional design–bid–build process, a complete set of construction documents and specifications describes what the builder agrees to build and serves as the heart of the contract. On Fast-track projects, the design, construction documents and specifications are incomplete, so setting the final cost presents problems.
The facility was built by a public–private partnership known as LAX ConRAC Partners, a consortium of 11 companies led by PCL Construction. [3] Los Angeles World Airports (LAWA), the operator of LAX, awarded the consortium a $2 billion contract, with the construction and operations phases of the facility each costing about $1 billion. [4]
An industrial video is a video that targets industry as its primary audience. An industrial video is a type of sponsored film (such as an educational film) which prioritizes pragmatism over artistic value. While the primary purpose of an educational film is to inform an audience, the purpose of an industrial video can vary depending on the client.
The following video is part of our "Motley Fool Conversations" series, in which technology editor/analyst Andrew Tonner and consumer goods editor/analyst Austin Smith discuss topics across the ...
The AOL.com video experience serves up the best video content from AOL and around the web, curating informative and entertaining snackable videos.
Construction robots are a subset of industrial robots used for building and infrastructure construction at site. [ 1 ] [ 2 ] Despite being traditionally slow to adopt new technologies, 55% of construction companies in the United States, Europe, and China now say they use robots on job sites. [ 3 ]
It fits with the bullish tone of Intel CEO Pat Gelsinger when we talked a few weeks back (video above) ... Expect to learn more on Dickson's turnaround plan by mid 2024, likely at an investor day.
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.