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,
Life
Cycle Analysis and Facility Management
Building and Refurbishment
Business
English
Renovation
and Reconstruction
International
Site Management
Applied
Product Modelling
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,
Development of understanding for the
methods application and instruments tools and international settlement projects
(Anikeeff & Sriram, 2013).
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,
Appraisal
Sustainability
Finance, investment, and development
Agency and building management
Building construction and surveying.
Rural practice
Estate and property management
Construction management
Planning
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
