ADCO Construction Report: Market, Client Relations, Supply Chain, Risk

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Added on  2022/08/16

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This report provides a comprehensive case study of ADCO Construction, an Australian construction enterprise. It analyzes how ADCO identifies its market, focusing on diverse projects across education, healthcare, and commercial sectors, and leveraging market research to target customer demands. The report details ADCO's client contact methods, emphasizing email communication and the use of RocketReach for efficient interaction. It examines the company's supply chain integration, highlighting the importance of logistics and value creation for successful project delivery. Furthermore, the report explores ADCO's risk management strategies, including risk identification, analysis, transference, evaluation, and mitigation. It also outlines how ADCO measures project success through client satisfaction, site efficiency, and project milestone achievement. Finally, the report addresses how ADCO handles construction issues, focusing on communication, cash flow, labor skills, and project structure improvements. The analysis is supported by references to relevant academic sources.
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Running head: ADCO CONSTRUCTION
ADCO Construction
Name of the Student
Name of the University
Author Note
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Table of Contents
Response to question 1:...................................................................................................................2
Response to question 2:...................................................................................................................2
Response to question 3:...................................................................................................................3
Response to question 4:...................................................................................................................4
Response to question 5:...................................................................................................................4
Response to question 6:...................................................................................................................5
References........................................................................................................................................6
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ADCO CONSTRUCTION
Response to question 1:
ADCO construction is based out in Australia which mainly focuses on the construction as
well as building services. This particular organization basically operates in several parts of
Australia like that of Victoria, Queensland, Western Australia, New South Wales and ACT. It
majorly focuses on the delivering projects of higher quality along with the construction of
numerous sites with several uses involving education, aged and healthcare, retail, commercial,
government, general, aquatic, community and leisure.
In this manner, this particular construction organization of Australia identifies its market
where their projects are demanded a lot by the customers. The other advantages which makes it
one of the most referred companies is that it forms one of the most oldest as well as established
construction companies. In addition to this, this particular organization focuses on constructing
numerous sites which would be helpful in the sector of healthcare as well as education to name a
few (Detsimas et al. 2016). Apart from this, several kinds of market research are held which in
turn helps the organization in the identification of their respective target markets.
Response to question 2:
This organization believes that occurrence as well as maintenance of contacts with all
their clients helps them in understanding the requirements as well as their expected outcomes in
a much better manner. This particular construction organization establishes the contact with their
respective clients over emails. The clients could easily send their essential requirements to this
particular organization with the help of email in accordance with their respective projects (Wu et
al. 2017). In addition to this, ADCO Construction utilizes six different types of formats of emails
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ADCO CONSTRUCTION
for understanding the demands along with the queries of their respective clients who have mailed
them in a better manner.
Apart from this, RocketReach help in the validation of the emails which are received by
this particular organization on a daily basis. These particular emails helps this specific
organization in paying more attention towards pursuit, business as well as the requests and the
demands made by their clients. In addition to this, the organization of contacts with their
respective clients on turn comprises of the several kinds of lists which are highly customizable in
nature along with the integration of the higher standards of this organization.
Response to question 3:
This company focuses on the integration of the supply chain for solving each and every
problem which is linked with the traditional approaches of construction of any kind of site be it
education or be it healthcare (Behera, Mohanty and Prakash 2015). The supply chain of these
kinds of organizations comprises of main contractors, clients, surveyor, and designer, supplier or
the sub-contractor who possesses essential contribution towards the accomplishment of any
particular project in a very successful procedure.
The supply chain gets integrated with the introduction of the logistics which basically
involves the efficient procedure of managing the flow of the supply of all the necessary raw
materials which are very important for the commencement of the construction of any particular
site (Papadopoulos et al. 2016). The other factor forms the creation of the values within the
construction supply chain for the successful delivery of any sort of project. The integration of
supply chain in the context of this particular construction organization leads to the reduction in
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ADCO CONSTRUCTION
the margin of the maintenance along with better coordination in planning procedures of the
project.
Response to question 4:
Several kinds of risks get associated with numerous construction projects. These typical
risks are managed by this particular organization by first identifying the risks which could be
management of the changed orders, poor definition of the scopes, incomplete drawings,
shortages of labor and increment in the costs of the materials. Next comes the analysis of the
risks as to how could hamper the development of any particular project. Next essential step
forms the transference of the risk (Gładysz et al. 2015). Then it becomes very important for the
organization to evaluate all the risk and rank them in order on the basis of which could harm the
process of development more.
This is followed by opting of various kinds of procedures by the utilization of which
these kinds of risks could be mitigated and last is the acceptance of the risk (Hazır 2015). The
risks linked with the project are monitored by holding regular inspections for ensuring the
procedures of the development of the project is consistent according to what was planned and
involves the verification of the completion of every activities within time without the increment
in the cost of the materials.
Response to question 5:
The success of the project gets measured by the quality of the project which is reviewed
by the clients along with the higher levels of satisfaction of each and every stakeholder who are
associated with any particular project (Mallawaarachchi and Senaratne, 2015). In addition to this,
the efficiency as well as the location of the site which has been constructed also helps in the
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ADCO CONSTRUCTION
measurement of the rates of success of any particular project (Alias et al. 2014). The
achievement of all the objectives of the projects also helps the organization in measuring the
success rates of the sites which are constructed by them be it for education or be it for the
healthcare. The completion of the project with the achievement of all its milestones within a
given amount of time too indicated towards the success of the project.
Response to question 6:
Several kinds of issues occurs during the construction of any particular site. This specific
construction organization focuses on the causes of the occurrence of the issues which are linked
with the construction of the projects. These issues could occur due to poor levels of
communication, delay in the flow of the cash, less skilled labors and lack of structuring of the
project. This organization in turn focuses on the improvement in the levels of communication
among the people who are accountable for the development of the project along with opting for
several measures which could make the cash flow consistent (Gładysz et al. 2015). Up gradation
of the skills of the labors are focused on along with structuring the plan of the construction of the
project in a systematic manner are some of the initiatives taken by the company.
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References
Alias, Z., Zawawi, E.M.A., Yusof, K. and Aris, N.M., 2014. Determining critical success factors
of project management practice: A conceptual framework. Procedia-Social and Behavioral
Sciences, 153, pp.61-69.
Behera, P., Mohanty, R.P. and Prakash, A., 2015. Understanding construction supply chain
management. Production Planning & Control, 26(16), pp.1332-1350.
Detsimas, N., Coffey, V., Sadiqi, Z. and Li, M., 2016. Workplace training and generic and
technical skill development in the Australian construction industry. Journal of Management
Development.
Gładysz, B., Skorupka, D., Kuchta, D. and Duchaczek, A., 2015. Project risk time management–
a proposed model and a case study in the construction industry. Procedia computer science, 64,
pp.24-31.
Hazır, Ö., 2015. A review of analytical models, approaches and decision support tools in project
monitoring and control. International Journal of Project Management, 33(4), pp.808-815.
Mallawaarachchi, H. and Senaratne, S., 2015, December. Importance of quality for construction
project success. In 6th Internafional conference on structural engineering and construcfion
management 2015 (pp. 11-13).
Papadopoulos, G.A., Zamer, N., Gayialis, S.P. and Tatsiopoulos, I.P., 2016. Supply chain
improvement in construction industry. Universal Journal of Management, 4(10), pp.528-534.
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Wu, G., Liu, C., Zhao, X. and Zuo, J., 2017. Investigating the relationship between
communication-conflict interaction and project success among construction project teams.
International Journal of Project Management, 35(8), pp.1466-1482.
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