Construction Site koodam homwalker
Construction is a general term meaning the art and science to form objects, systems, or organizations, and comes from Latin constructio and Old French construction. To construct is the verb: the act of building and the noun is construction: how something is built, the nature of its structure.
In its most widely used context, construction covers the processes involved in delivering buildings, infrastructure and industrial facilities, and associated activities through to the end of their life.
It typically starts with planning, financing, and design, and continues until the asset is built and ready for use; construction also covers repairs and maintenance work, and works to expand, extend and improve the asset, and its eventual demolition, dismantling, or decommissioning.
As an industry sector, construction accounts for more than 10% of global GDP (6-9% in developed countries) and employs around 7% of the global workforce - over 273m people. The output of the global construction industry was worth an estimated $10.8 trillion in 2017.
Some construction projects are small renovations or repair jobs, where the owner may act as designer, paymaster and laborer for the entire project.
However, more complex or ambitious projects usually require additional multi-disciplinary expertise and manpower, so the owner may commission one or more specialist businesses to undertake detailed planning, design, construction and handover of the work.
Often the owner will appoint one business to oversee the project (this may be a designer, a contractor, a construction manager, or another advisor); such specialists are normally appointed for their expertise in project delivery and will help the owner define the project brief, agree on a budget and schedule, liaise with relevant public authorities, and procure the services of other specialists (the supply chain, comprising subcontractors). Contracts are agreed for the delivery of services by all businesses, alongside other detailed plans aimed at ensuring legal, timely, on-budget, and safe delivery of the specified works.
Design, finance, and legal aspects overlap and interrelate. The design must be not only structurally sound and appropriate for the use and location, but must also be financially possible to build, and legal to use.
The financial structure must be adequate to build the design provided and must pay amounts that are legally owed. Legal structures integrate design with other activities and enforce financial and other construction processes.
These processes also affect procurement strategies. Clients may, for example, appoint a business to design the project after which a competitive process is undertaken to appoint a lead contractor to construct the asset they may appoint a business to lead both design and construction or they may directly appoint a designer, contractor, and specialist subcontractors
Some forms of procurement emphasize collaborative relationships (partnering, alliancing) between the client, the contractor, and other stakeholders within a construction project, seeking to ameliorate often highly competitive and adversarial industry practices.
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