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Construction and Real Estate Management

Category: Business & Management Paper Type: Dissertation & Thesis Writing Reference: APA Words: 2350

            The construction and development firms are undergoing through a number of problems and considering reorganization for the identification of a profitable structure. Construction and real estate management enable the students to learn about the flow in sustainable construction projects and social network analysis in the construction industry by comparative delay analysis techniques (Anikeeff & Sriram, 2013).

            The subject area of construction and real estate management covers management, financial and legal issues related to the property management, development and construction processes. The specific outcomes of the program can be achieved by considering educational goals. The individual study plan enables to achieve educational goals through the support of supervisors (Euroeducation. net, 2019). The program includes attending the seminar, participation in international and national conferences, and taking courses related to construction management. The international, as well as the national master’s degree program of construction and real estate management, is designed for professionals who work to manage the international construction projects (Anikeeff & Sriram, 2013). The present work is related to analyses the relationship between the subject and advantages of the subject for the students learning about construction management Strategies and performance.

            The construction management course provides practical understanding for processes of construction, planning, and design. The applied processes of construction work under limited budgets, schedules, resources, and environmental risk. The fundamental construction process involves construction phases, documentation, and management. In the courses, different topics are explored such as delivery methods, contracts, project management, safety, cost management, scheduling, and commissioning. The students get strengths through applied skills and the increase in the value of development and team leading abilities. The construction and real estate management programs address the professionals the state of art technology in the field of civil engineering and architecture. The course facilitates the learners to have applicable knowledge about the combination of Engineering, economics, communication, and Management (Fsd. rtu. lv, 2019).  In order to get a leading position in the global market understanding of cultures is essentially required. The program teaches students about the ways to adopt new foreign environment and how to adopt different habits and mentalities of the clients in construction projects. Because it is included in Applied Sciences in different International and national universities, therefore, it requires no additional language skills (Ucem. ac. uk, 2015).  According to the requirement of the technological era, specified and non-specified content such as General subjects, international business, leadership, and soft skills, new technologies in the construction and development programs are included in the courses. Construction and real estate management programs enable to have cooperation with different people having a different professional, cultural, and social background.  By adopting a foreign environment according to change in international condition adaptability and abilities of the management increases (Euroeducation. net, 2019).  Consequently, at the National and international level the cooperation and teamwork increase. The student’s selection and study courses selection is based upon the application point of view, work experience related to construction and management processes in real estate, and an educational background of the applicant (Conrem. how-berlin. de, 2015). Program structure and courses included in the construction and real estate Management courses are listed below,

1. Life Cycle Analysis and Facility Management

2. Case Studies 1: Building and Refurbishment

3.  Business English

4.   Renovation and Reconstruction

5.   International Site Management

6.   Applied Product Modelling

7.    Master's Thesis

                The program of construction and real estate management was designed by professional and civil engineers. This program strives from educated entrepreneurs and management programs for the building of the real estate. In international academic courses respond to the program development is provided by international real estate federation, building industry associations, and local real estate. The standards of development programs are designed by international project management association (Conrem. htw-berlin. de, 2015). Construction and real estate management programs are well organized at the international level for the business and management courses. The students after having graduation and master's degree in construction and real estate management programs are able to work in house management companies, building projects, governmental institutions, civil construction, and local governments (Mastersportal. com, 2018). Qualified learners have a wide range of opportunities and positions such as project manager, construction manager, and manager in the construction projects. Level 5 professional qualification is provided in construction and real estate management programs that include qualification in banking, finance department, urban planning and architecture, civil engineering and additive programs of building, insurance, accounting, and taxes (Anikeeff & Sriram, 2013). The professional degree provides an overview of social sciences in economics management, building sciences and building construction plans and how to make the building stronger, management and construction laws (Conrem. htw-berlin. de, 2015).

Methodology of Construction and Real Estate Management

            In the recommended and compulsory courses, the different methodologies are applied according to the scope and oblique entry content of courses. Theory of science and research methodology used while considering construction and real estate management as a social science. In the case of real estate application, quantitative analysis can be used to determine core analysis and statistical hypothesis testing (Mastersportal. com, 2018). The areas of real estate application include the quantitative methodology for the construction program and economic translations. In a scientific dissertation, qualitative research methods are used in which case studies, questionnaire, and interviews are conducted to determine construction programs and improvement in the construction programs. In the scientific dissertation qualitative research area to enable the students to learn about facts beyond quantities and values. In the qualitative research methodology, different courses are considered such as industrial development, Organisation, and economics (Anikeeff & Sriram, 2013). The qualitative analysis deals with what the company purchased from the market for construction and infrastructure development. In the project management issues of incentives and information are crucially considered. The name of the courses to determine in theory for the establishment of economic programs and to replace the current courses with the initiative courses of Economics organization. Different models related to the construction management programs deal with managers about the understanding of the working procedure and what sort of initiatives are required to integrate the issues. Construction and real estate development courses include judgment theories and leadership programs for major studies related to effective leadership and competitive advantages (Fsd. rtu. lv, 2019). The aim of the module is to address the workers about the aims of the organization and how to compromise with the state it is in case of attempting an understanding of the customer. In the effective leadership program development procedures, action and financial crisis are the different methods used to module the fine brand of real estate development project with the construction projects (Anikeeff & Sriram, 2013). The module improves the research skills and provides students with self-directed set products. The national of the module is an integrated approach to Corporate strategy and management for the change of the complex business environment. The long-term strategic considerations in the organization are settled by previously design real estate organization framework (Conrem. htw-berlin. de, 2015). The policies and strategies of the stakeholders during the construction programs are benefited by the cultural context of the workers are from International universities. Before having the face project completed the risk allocation for the procurement processes are required to be considered. Considerations have a wide range of economic and generate higher outcomes. In the case of international project development methodology, the first step is to define target standards and goals. And the next steps of international project development there comes programming and Organisation, name selection of Strategies and milestones for selected positions, collection as well as evaluation of the collected data. Site survey location has relatively higher information about the first place and time schedule for the project. Conversion of site officers and management staff technical staff and contract administration staff for the installation instructions. Different elements of project management in the organization includes navigation to the contract administration (Anikeeff & Sriram, 2013). The alternative method is comprised of solution related to legal and environmental concerns. The information about the construction process can be stored in relational database structures. The conceptual description is provided in the course about the management. The financial situation are considered in the relational models of construction process.

There is a wide range of methods and procedures to be used in project development and project management processes of construction. And these projects are listed be below,

1. Development of understanding for the methods application and instruments tools and international settlement projects (Anikeeff & Sriram, 2013).

2. Understanding the effect of modification and adoption of new technologies in the project management process of construction (Anikeeff & Sriram, 2013).

 Hypothetical results of Construction and Real Estate Management

            The hypothetical results of fact-oriented research about construction and development programmed of real state are to improve management behavior and self-organization to reach a higher level. The concept of staff management and principles of leadership are included in administration reading skills (Fsd. rtu. lv, 2019). The important fact is the abilities and learning skills of the workers. The appropriate method will be applied to understand the procedure and system of the construction company (Euro education. net, 2019).

Scope of academic thesis of Construction and Real Estate Management

                The construction and real estate management programs and courses have changed the world over last few years because the students are highly committed with the reforms of technology and passionate to have experience in outstanding building the structure projects. Some international university provides facilities of online courses without having an interruption in your career and learning objectives (Conrem. how-berlin. de, 2015). The balanced study at home and work increases career goals. In the past few years,, construction programs are getting more feedback and outstanding achievements. The state of art virtual learning environment provided the students by some international networks and deliberated current issues. The facility is combined with the practice of knowledge and understand academic strength. After having a profound academic background in construction and real estate management program student can become a member of the royal institution of chartered surveyors and chartered institute of builders (Mastersportal. com, 2018; Daad. de, 2019). Opportunity is still there to have strong earning, excellent value of money, and experience to have worked in the highly respected sector of construction programs. The courses have a positive impact on the professional life and develop academic knowledge in professional bodies. In the sector of real estate and construction, there are diverse career opportunities for learners to have worked in different areas (Anikeeff & Sriram, 2013).

The possible areas are listed below,

  1. Appraisal
  2. Sustainability
  3. Finance, investment, and development
  4. Agency and building management
  5. Building construction and surveying.
  6. Rural practice
  7. Estate and property management
  8. Construction management
  9. Planning
  10. Quantity surveying and cost management

Personal experience and expectation regarding the role of science

                I have completed a master's degree from the college of estate management after diploma in surveying practices. Obviously, my next logical step to have an understanding of Chartered status and construction management processes. The construction and real estate management program enable a student to have qualified courses in construction management processes and flexible new technology Paramount in the technical skills and professional expertise to have Constructions in a more innovative way (Anikeeff & Sriram, 2013). The prime importance of construction and real estate management program is to develop a logical relation between experience and academic relationships. Some student may identify it as business nature of course but that course creative and fantastic ideology for development programs. The material taught in the course is best upon exceptional technical practices and experiences for professionalism (Anikeeff & Sriram, 2013). The option of distance learning programs requires Preservation and dedication to have work. After having information about the course, I realized that course open construction and real estate management enhances the level of self-discipline and attitude towards professionalism. The course is highly recommendable to boost up the construction process with new and innovative ideas. In my personal vision about the course it can be concluded that construction and real estate management programs are empowering the new technology in the construction process (Kth. se, 2018; Ucem. ac. uk, 2015). The efficiency of these course outlines can be determined by taking consideration of the learning outcomes of students. The students are capable to learn the more advanced system of construction and state of the art technology that can be used in the construction programs (Anikeeff & Sriram, 2013).

Conclusion on Construction and Real Estate Management

            the prime objective of the present work was to investigate the role of construction and real estate development strategies and courses. The analysis determined the scope of the courses and what sort of students are produced by these courses. The learning process for the construction and development programs is to improve the construction process and to implement the state of the art technology in these processes. According to present work, different types of strategies are devised to improve the learning outcomes of students. The course improves the decision-making skills of students.

References of Construction and Real Estate Management

Anikeeff, M. A., & Sriram, V. (2013). Construction management strategy and developer performance. ENGINEERING, CONSTRUCTION, AND ARCHITECTURAL MANAGEMENT, 15(06), 504-513.

Conrem. htw-berlin. de. (2015). Construction and Real Estate Management. Retrieved from conrem.htw-berlin.de: https://conrem.htw-berlin.de/fileadmin/HTW/Zentral/Rechtsstelle/Amtliche_Mitteilungsblaetter/Modulbeschreibungen/CONREM_M_Modulhandbuch.pdf

Daad. de. (2019). Master of Construction and Real Estate Management (ConREM). Retrieved from www.daad.de: https://www.daad.de/deutschland/studienangebote/international-programmes/en/detail/3814/

Euroeducation. net. (2019). A Career in Real Estate and Construction. Retrieved from www.euroeducation.net: http://www.euroeducation.net/articles/real-estate-and-construction.htm

Fsd. rtu. lv. (2019). Master Study Programmes in English. Retrieved from fsd.rtu.lv: http://fsd.rtu.lv/masters-studies/civil-construction-and-real-estate-management/

Kth. se. (2018). Real Estate and Construction Management. Retrieved from www.kth.se: https://www.kth.se/student/kurser/dr/subj-FASTBYGG-en.pdf

Mastersportal. com. (2018). Construction and Real Estate Management, M.Eng. Retrieved from www.mastersportal.com: https://www.mastersportal.com/studies/151597/construction-and-real-estate-management.html#content:work_permit

Ucem. ac. uk. (2015). MBA Construction and Real Estate. Retrieved from www.ucem.ac.uk: https://www.ucem.ac.uk/wp-content/uploads/2015/10/CEM-Programme-Specification-MBA-Construction-Real-Estate.pdf

 

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