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 12 teams competing over 8 rounds, or three simulated years, between October and November 2020.
The league table at the end of period 6
The story, period by period
|PERIOD 6: "A turbulent quarter sees new leaders, and a lot of changes"|
After the impressive growth figures posted in period 5, not unexpectedly period 6 proved to be a much tougher quarter. This was largely driven by the companies being unable to win as much work as they had previously, with the corresponding reduction in forward workload and margin KPIs. The result was that growth figures were down almost across the board. However, those that were able to post positive growth figures made substantial gains.
Most notably "Buildability" stunned their rivals as they posted the best performance in the quarter, 10% growth that enabled them to storm through the field with an incredible 10-place gain that enabled them to open up a 33-point lead at the top of the table with 1,405 pts. "Forefront Construction" moved up on place to 2nd as previous leaders "Clatt Construct UK" dropped back one place to 3rd. At the wrong end of the table the shareholders of "Meow Meow" will not be purring after labour scheduling problems on the completion of a key transport contract in South Africa saw their profitability take a major hit, and they will be working hard not to repeat the error in future periods. Business is often a roller coaster ride, learning from both successes and failures, and every management team will be looking closely at the decisions made in period 6 to make effective ones in the next round.