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Site selection was formalized in the 1940s and 1950s through a number of important U.S. government projects. Determining the correct location for projects important to national security, including Los Alamos National Laboratory, the Hanford Site, and the United States Air Force Academy, required a thorough evaluation process.
An architectural decision captures the result of a conscious, often collaborative option selection process and provides design rationale for the decision making outcome, e.g., by referencing one or more of the quality attributes addressed by the architectural decision and answering "why" questions about the design and option selection ...
The primary lessons learned on this scan tour relate to the types of projects using design–build, the use of best-value selection, percentage of design in the solicitation, design and construction administration, third-party risks, the use of warranties, and the addition of maintenance and operation to design–build contracts." [21]
Continue reading → The post Asset Allocation vs. Security Selection appeared first on SmartAsset Blog. Diversification is critical to a strong portfolio over the long term. Every now and again ...
Security selection within asset classes will not necessarily produce a risk profile equal to the asset class. The long-run behavior of asset classes does not guarantee their shorter-term behavior. Different assets are subject to distinct tax treatments and regulatory considerations, which can make asset allocation decisions more complex.
Construction cost management is a fee-based service in which the construction manager (CM) is responsible exclusively to the owner, acting in the owner's interests at every stage of the project. The construction manager offers impartial advice on matters such as: Optimum use of available funds; Control of the scope of the work; Project scheduling
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]
Security management includes the theories, concepts, ideas, methods, procedures, and practices that are used to manage and control organizational resources in order to accomplish security goals. Policies, procedures, administration, operations, training, awareness campaigns, financial management, contracting, resource allocation, and dealing ...