Undergraduate students from the School of the Built Environment are taking part in their own internal Enginuity Competition as part of their modules Enterprise Management in Construction and Development (BSc Construction Project Management) and Financial Appraisal and Commercial Management (BSc Quantity Surveying and Commercial Management).
There are 10 teams competing over 8 rounds, or three simulated years, between October and November 2019.
The league table at the end of period 5
The story, period by period
|PERIOD 5: "'Constructex' are the early pacesetters!"|
After a period of intensive trialling the Oxford Brooke University Enginuity 2019 Competition is underway, with a competitive field of 10 teams all battling for supremacy against their peers. And so to the early action, and the pacesetters after impressive 37% growth are "Constructex" with 1,369 pts. However, the early leaders cannot rest on their laurels with "Novus" only 9 points behind in second place, and "Eclipse Construction" just a further 4 points back, and less than 70 points separating all the teams. It is early days, and there are sure to be plenty of twists in the weeks ahead as the journey through the Early Years unfolds.
The early signs are that the competition will be very competitive, with all the teams improving their overall position in period 5. However, this was not unexpected. After being formed at the beginning of period 1, overhead costs were incurred whilst the companies were being established, without any profits being generated. The companies were now in a position to generate profits against a more stable overhead base, and this was reflected in improved operating profits. Of course, growth will be impossible without an effective strategy, and all the management teams have had time to think about this carefully, and come up with a set of objectives to deliver business success for their stakeholders.