Knowledge managementl Essay Example | Topics and Well Written Essays - 3000 words

Knowledge managementl - Essay fountConstruction Industry has begun to realize that it makes sense to find sub-contractors for parts of their invent and leverage on their work to roll out a finally bundled up product. Outsourcing of manufacturing can help companies concentrate of areas of competence whilst a the same time ensuring that the other related tasks are being attended to with necessary know how and skills. A lot of innovative skills are required in order to achieve successful networks of competence that pull through a high cost and long duration construction project. The innovation is almost needed at each point a problem is encountered in a complex construction project. Knowledge and its discriminate management contributes to the cause of innovation on the simple logic that a better knowledge brings forward better solutions. This paper examines these both aspects in UK construction industry milieu at some length. ... In order to serve as an illustration a large sized s tate construction motion in US can be cited as below In most cases, the Department of finance and Administrations breast of Building serves as the construction computer program manager for state construction projects in Mississippi. The chest of Building represents the interests of the entity and exercises independent oversight of the professional contractor and constructor team (i.e., general contractor and sub-contractors). The Bureau of Building, professional team, constructor team, and a building commissioning agent, when applicable, enter a contractual relationship for a project. The Bureau of Building exercises direct oversight of architects, engineers, building commissioning agents and other contract professionals, while it performs verifying supervision of the construction contractors through the primary professional contractor and the building commissioning agent. Because the breast does not have the in-house capability to perform some of the design and construction t asks that some private construction program managers can provide, it may employ engineers, contract analysts, architects, or construction project administrators to manage and monitor projects. The bureau has authority to compel adherence to contract specifications and schedules, applying sanctions to firms or individuals within the constructor team that do not fulfill their responsibilities(Joint,2005). The above is a typical example of a construction management situation in rather sedate and structured governmental situation whereas the US construction industrys private sector was faraway more dynamic and innovative. Construction management had a real early start in the US. In the system of procurement under