Friday, August 9, 2019
Factors Impacting the Quality of Construction in the United Arab Assignment
Factors Impacting the Quality of Construction in the United Arab Emirates - Assignment Example nd high level of competition in the commercial marketplace, the contractors are required to enhance their ability in order to develop their performance based on these aspects. Accumulatively, the aforementioned factors tend to have a significant influence over the quality delivered by the construction industry. Furthermore, there are other factors which also impose a certain degree of impact on the quality of construction industry can be identified as construction materials, management and training of employees, and capability of contractors. In the UAE, government tends to provide significant consideration towards the construction industry. Governmental reports, in this regards reveal that the construction segment in the UAE has seen an era of remarkable boom, especially prior to 2007-2008 financial downturn when the industry was negatively impacted by the consequent debt crisis. During the economic failure of 2007, several construction projects in UAE were postponed or cancelled. Furthermore, the intense changes in micro-environmental factors such as markets, customers and competitors along with the confidence of construction organizations in the UAE was observed to reduce considerably where the market players started reconsidering their business strategies. Contextually, several organizations had experienced problems for adjusting with the changes occurring in the international business environment. Due to lack of readiness to adjust with the changing business circumstances, most of the construction organizations were forced to adopt survival strategies rather than growth strategies during the past few years which imposed a considerable impact on the quality assurance rendered by the company (Oryx Middle East, n.d.). Despite of the above circumstances, UAE has high probability of growth in its construction segment. The rise of oil price in Gulf Cooperation Council (GCC) region initiates several big construction projects in the UAE. The growth in construction
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.