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In the Gulf there are some companies in civil and building industries they make losses. How far you think that is a mismanagement or other reasons?

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Question ajoutée par Panicos Nicolaides , Store Manager , Conspel Qatar
Date de publication: 2016/02/03
emad abou tahoun
par emad abou tahoun , CONTRACT AND CLAIM MANAGER , THE ASSOCIATED ENGINEERING PARTNERSHIP (DAR TAEP)

it is true that lot  of companies face lose in this area.....the proof for that is just few company are lasting for long time....in my opinion a big part of the reasons go back to the policy of rewarding the contracts to the lowest prices....this policy's result is the bad quality in lot of things  (bad quality of consulting staff , bad quality of executing staff , bad quality materials.....etc) in the end you can really say it is bad management.....but it is starting from the top management's policy....and going down to all the lower levels.

 

Farhad Tajir
par Farhad Tajir , SENIOR FINANCE EXECUTIVE , AZMEEL CONTRACTING CO

There are plenty of reasons for a construction industry to face lose, some of them are as below

1. Bidding least to hold the project.

2. Mismanagement of Human Resources, Material, and time as well.

3. Lacking in right man for the right job.

4. Expending business more than the tolerant. 

purushothaman karunamoorthy
par purushothaman karunamoorthy , PROJECT ENGINEER , BOUYGUES BATIMENT INTARNATIONAL

first reason is material wastage.

second reason is lack of coordination

Yaqoub Alomar
par Yaqoub Alomar , Civil Engineer , Al-Zubeir municipality

In fact I never work in GCC, and I have no view in their construction policy ,So I cannot give you a precise answer

Panicos Nicolaides
par Panicos Nicolaides , Store Manager , Conspel Qatar

I agree totally with Mr. Tahoun 

Ahmed Khater
par Ahmed Khater , ID& Fit- Out Construction Manager , Harmony Atelier Interior Design& Decoration

GCC is a booming market for construction industry ( no taxes or inflation ), its so hard for any company working in construction to make loses(almost impossible), some times companies don't achieve target profit due to the instability of materials prices or shortage in skilled workers.   

Utilisateur supprimé
par Utilisateur supprimé

Most common reason of failure is lankness in planning to cater with Risks in project, this lead towards loss of time and push the company towards Financial loss.

Implementation of GOOD planning in most efficient way by keeping all stake holders in team Synchronized is the main Key point of Good Management.

Quality issues in implementation will hit company's credibility and leads towards loss of customer's Trust and business.

 

 

sadat saeed
par sadat saeed , Sr. Project Manager , Fine Construction Pv

1.Lowest price of Contract.

2. Most of the Companies  Hr office and Project  management Team hiring own Country fellows.

3. Which direct reflect on the Projects

4. They also hiring Low standard  Engineers

 

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