1 / 16

What’s Going on in the Construction Arena?

What’s Going on in the Construction Arena?. Overview & Review. Challenges Improving our product Trends - 2000. Top 5 Challenges in Next 5 Years*. Shortage of trained field hands - 2nd year Shortage of trained PM’s Sources of future work Litigation - 2nd year Changing technology.

hester
Download Presentation

What’s Going on in the Construction Arena?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. What’s Going on in the Construction Arena?

  2. Overview & Review • Challenges • Improving our product • Trends - 2000

  3. Top 5 Challenges in Next 5 Years* • Shortage of trained field hands - 2nd year • Shortage of trained PM’s • Sources of future work • Litigation - 2nd year • Changing technology *1999 CFMA survey results

  4. Labor Shortage • Adopt computer & communication technologies to improve management capacity, planning & coordination in field • Establish partnerships with trades • more stable employment • quick payment to subs • improve working conditions

  5. Labor Shortage • Work with trade contractors in teams - partnerships • Treat subs as professionals • Adopt innovative, prefab's products • Fund apprenticeship programs • Join trade associations • Volunteer - private & public

  6. Labor Shortage • Federal Reserve Board raised federal funds rate to 5.5% because construction industry drawing down the pool of available workers* *Nov 29 ENR

  7. Improving our product though* ... • 17% use TQM • 14% use CQI • 2% ISO 9000 certified *1999 CFMA survey results

  8. Improving our product through ... • Training • Safety • Information technology • Design/build • Offering related services

  9. Changes in corporate leadership • Style changes • Project Managers & Superintendents better educated

  10. Trends - 2000 - Increases • Hotels/motels • Religious market • Private Offices • Healthcare

  11. Trends - 2000 - Increases • Highways • Cement • Airports • Military • Prisons

  12. Trends - 2000 - Increases • Governmental • environmental • Brown Field cleanup • water/wastewater • design-build-operate

  13. Trends - 2000 - Increases • Power - • 500% over last year • Merchant Plants • Natural gas & pipelines • “Smart” environments

  14. Trends - 2000 - Concerns • Lead times for • Material • Insulation • Cement • Equipment • Gas turbines

  15. General Motors 4,397 Ford Motor 2,774 EI duPont 2,066 Merck 1,782 Southern Co. 1,782 Intel Corp 1,622 Sprint PCS 1,607 Nextel 1,220 Panamsat 1,089 Johnson & Johnson 1,068 Dow Chemical 1,010 Boeing 977 Pfizer 956 Unicom 858 Monsanto 819 Top Owners - 1999 (in $ millions of construction spending)

  16. QUESTIONS?

More Related