Commercial management - Assignment Example

Comments (0) Cite this document
Summary
The report presents a case study of a Medium sized construction company in North West England with the objective of developing a competitive strategy to improve profitability for the company. Through the analysis of the UK’s construction industry, the report indicates…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.6% of users find it useful
Commercial management
Read TextPreview

Extract of sample "Commercial management"

Download file to see previous pages The report also underscores the importance of strategic bidding process by highlighting on models of bidding process and their strengths.
In addition, the report also identifies predominant factors impacting on the mark –up optimization and strategies that could be employed by the construction company to enhance their bidding process. Additionally, the study examines the critical issues relating to cash flow and recommends strategies that could be employed by firms to ensure effective management of cash flow. The report will also expound on the strategic construction management claims in the event of changes on the contract, as a result of unprecedented risk occurrence. In conclusion, through the synthesis of the identified factors, the report recommends the strategies that the company should adapt with regards to environmental factors, strategic bidding practices and cash flow management in order to improve its profit and operations
The main focus of this report is to provide strategic management plan for a medium sized construction company operating in UK in light of UK’s economic recovery from recession (BBC News, 2014). In outlining the company’s strategy, the report will be divided into three sections. The first section will entail an examination of the companys environment by use SWOT and PESTLE analytical tools. The second section will expound on quantity surveyors practices and principles in relation to the operations of a contractor and their implications to strategic alignment of the construction company. The subsequent section will examine new developments in the industry and their implications to the subject company. In conclusion, the report will provide recommendations deemed pertinent to the successful implementation of identified company strategy.
UK’s construct industry is directly impacted by political factors through economic policies, deregulation policies and EU directives (British Chambers, 2014). Under ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Commercial management Assignment Example | Topics and Well Written Essays - 3000 words”, n.d.)
Retrieved from https://studentshare.org/engineering-and-construction/1669143-commercial-management
(Commercial Management Assignment Example | Topics and Well Written Essays - 3000 Words)
https://studentshare.org/engineering-and-construction/1669143-commercial-management.
“Commercial Management Assignment Example | Topics and Well Written Essays - 3000 Words”, n.d. https://studentshare.org/engineering-and-construction/1669143-commercial-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Commercial management

Commercial Realities in Project Management

...?Presented by (Your school) Table of content Introduction ...........................................................................................................................3 Law of contract and disputes .................................................................................................4 Supply chain management .....................................................................................................5 Project evaluation ....................................................................................................................6 Swot analysis ...........................................................................................................................9 Conclusion... ...
15 Pages(3750 words)Coursework

Commercial Management

...to this project amounted to ?22,700,279 and the total cost incurred in this project has been ?45,221,155. Aims and Objectives: The primary objective of the project was to help the city of Sheffield regain its status as one of the top localities in Europe by making it more attractive to residents, outside investors and visitors. The aim was to do this by creating a lively, high quality, safe and sustainable city centre lively city centre for living, leisure, learning and retail. This was a key site which had been under-utilized in terms of commercial and public usage. The project was also aimed at expanding the Economy of the City in order to create new jobs and allow growth. High quality offices were to be designed in...
6 Pages(1500 words)Essay

Credit risk management in commercial banks (First Bank Nigeria Plc)

...? A critical study of credit risk management in commercial banks (a case study of First Bank Nigeria Plc) INTRODUCTION Credit Risk Management is one of the most crucial operations for any financial company including the commercial banks and investment banks. The financial crises occurred in USA, the Euro zone countries and in other parts of the world. It made the global economy fragile and susceptible to any kind of shocks. One of the major reasons behind the global meltdown was the lack of proper finance management practices including a poor credit risk management system by many of the top global financial corporations (George, Sinha and...
26 Pages(6500 words)Dissertation

Commercial Management

...will be operating (Kwon, 2008). The joint venture between Inter-Optics plc and Singh Optical Industries (SOI) was established as a means for the international expansion of Inter-Optics plc in India. However the first stage of the project brought certain problems in the competition and thus before beginning of the second phase of the project it is important to address these for successful execution of the project. The lessons learned include: 1. Project Management The management of a project requires discrete attention to the managers i.e. the actions at an individual level. Spekman, Theodore, Lynn, & Thomas, (1998) claim that “little is known about the managerial requirements of the...
10 Pages(2500 words)Essay

Commercial Aviation Management Functions

...?Commercial Aviation Management Functions Introduction When deregulation of the US and EU airline industries began in the 70’s and 90’s respectively,competition increased with many airlines jumping into the fray and started to offer customized services to improve performance and revenue for which they started to use yield management systems for inventory control (Rose, 2012; Knorr and Zigova, 2004). As the airline industry is characterized by high investments and fixed costs and considered to be a low frill economics (Homa, 2012), effective strategies for managing supply-demand determines the profits to a large extent as well as the competitive advantage (Knorr and...
6 Pages(1500 words)Essay

Commercial Project Management

...………………………………………………………………………..xxxxxx ………………………………………………………………….xxxxx ………………………………………………………………….xxxxx ……………………………………………………………………xxxxx @2013 Commercial Project Management Introduction An OGC offer information on community investments, which include trade case growth. One of the most important information is the recognition of the assessment points best known as gateways. There are six of them, and they are used to determine whether to continue with the project or not (Robinson 2010). OGC helps in determining the projects that are beneficial to the community and approving them. Introduction of the Biometric Data Capture Facility in the renewal of driving licenses is a big move. The process need to be taken...
7 Pages(1750 words)Essay

Commercial and financial management

...09 November 2006 Finance Discuss the relationship between business finance and accounting. Financialmanagement is very much essential in ensuring the health and well being of a business organization. Business finance, in the simplest sense, is concerned with the goal of a firm to maximize shareholder value (Keown, et. al. 2004). It should be noted that finance is all about managing the financial resources of a business entity into those opportunities which will yield maximum value for stockholder's wealth. This involves generating cash in order to support the operations of the company and choosing among competing ends of investment opportunities present in the market. Horngren, et al. (2002, pp. 6) defines accounting...
9 Pages(2250 words)Essay

Commercial Property Management in Australia

...Commercial Property Management in Australia Executive Summary One of the most important areas of commercial activity is the property market. The regulation of this area has been a challenge for the legislators in every country around the world. In this context, the reason for the difficulties appeared during the creation of appropriate legal rules can be justified by the existence of many issues in the specific area that cannot be located with accuracy and as a result their regulation is also a very difficult task to perform. Current paper examines specifically the commercial property management in Australia and its interaction with the legal rules of the...
10 Pages(2500 words)Essay

Commercial Management

...in the completion of Didcot railways center 2011 project. For the more professional approach for the project it was ruled by a local enterprise partnership. Moreover, it is mentioned that a project team was hired by the Great Western Society and the team was headed by specialized skills in the area of project management, procurement and infrastructure engineering. Clearly, the technical and engineering side of the project, that was quite huge, was done under the supervision of a technical expert. Similarly, there was a project manager, leading the project and giving the timelines, cost and quality indications to its team with its complete consultation. The project management outlined a...
4 Pages(1000 words)Essay

Commercial aviation management functions

...Commercial Aviation Management Functions: Yield Management Insert s Insert of 10th March Outline I. Introduction a. Definition of Yield Management II. Advantages of using yield management III. Use of yield management to gain competitive advantages IV. The future of yield management V. Commercial Aviation Management Functions: Yield Management The airline industry is a very volatile field of business because of the high level of competition. In order to deal with competition, airlines came up with the concept of yield management principally to maximize...
6 Pages(1500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic Commercial management for FREE!

Contact Us