The construction industry is leveraging technology to make processes more efficient. Construction companies are investing a lot of their capital in R&D to incorporate this technology into their business practices. Explore one technology (existing or future) and provide a summary of the impacts it will have on the construction industry. Below are examples you may choose from but preferably you can find a different technology if you can find one.

Examples of technology (application, software, programs):

• Navisworks
• Structuresite
• Openspace
• Bluebeam
• Revit
• Docusign

Please write a summary of the technology and should answer the following questions:

1) Company name and how long has this application/program been around?

2) What impacts does it have on the construction process (good and bad)

3) What the future looks like for these type of technology

4) your opinion on how you would implement or what improvement you see in this type of technology.

Refer to the article “Successfully Transitioning to a Virtual Organization: Challenges, Impact and Technology,” where the author presents factors that can enhance or derail success in a virtual organization. Imagine that you are a certified project manager at Arup. Arup conducts robust post-project peer reviews. You are assigned to assess the Water Cube team’s performance managing a global, virtual, and diverse project team. Prepare a 2- to 3-page paper that addresses these items: Select two enhancers from the model in Figure 1 below. Assess whether or not the Water Cube project management team achieved the selected enhancers. Identify specific examples to justify your assessment. Select two derailers from the model in Figure 1 below. Assess whether or not the Water Cube project management team successfully avoided the selected derailers. Identify specific examples to justify your assessment. Figure 1: A Model to Enhance Leadership Skills for Success in a Multicultural Virtual Organization Enhancers Derailers Promote trust and maintain effective working relationships with virtual workers. Inability to establish the additional levels of trust required with remote workers Establish virtual guiding principles and organization charters to ensure the organization is in alignment. Inadequate communications skills required for virtual network effectiveness Identify and define virtual worker roles, responsibilities, and accountability. Lack of comfort and expertise with technologies required for success in the virtual organization Establish a reward and recognition process commensurate with the virtual organization characteristics while maintaining consistency with traditional organization structure. Inability to address conflict resolution within the group Demonstrate cultural competency when interacting globally. Lack of sensitivity toward different styles of communication Source: Successfully transitioning to a virtual organization: Challenges, impact and technology. (2010, April). HR Magazine, 55(4), 1–9.

King Fisher Aviation is considering an investment in a new technology for a drone project with a price of $16 million. Their current technology has a book value of $5 million and a market value of $5 million. The new technology is expected to have a five (5) year life, and the old technology has three (3) years left in which it can be expected to be used. If the firm replaces the old technology with the new technology it expects to save $5.7 million in operating costs each year over the next four years. If the firm purchases the new technology, it will also need an investment of $300,000 in net working capital. The required return on the investment is 12 percent, and the tax rate is 39 percent.

What are your recommendations on the investment project? Explain your reasoning.

Critical Thinking

The scientific community agrees that major outbreaks of communicable diseases, like COVID-19 will be highly likely in the future, according to the World Health Organisation (WHO). Furthermore, we are also likely to experience additional disruptions to supply chains that result from climate change and political instability.

This outbreak played a serious role in Kingdom of Saudi Arabia and also reduced workforces to complete shutdowns, many industries and sectors are suffering due to the COVID-19 outbreak, and manufacturing is taking one of the largest hits.

According to the General Authority for Statistics ,Saudi Arabia’s index for industrial production dropped 3.29 percent in March 2020 when compared to the same month last year due to the coronavirus pandemic.

“The decrease in industrial production resulted mainly from lower production in non-oil manufacturing activities (down by 11.46 percent), as the COVID-19 pandemic led some factories to reduce the production operations late in the month” .

As a Project manager what measures are you going to take for your organization under below mentioned issues:

Critical Question(s)-1: (2.5- Marks)

How will you measure supply chain and production risks and what you could do to mitigate those risks?

Critical Question(s)-2: (2.5- Marks)

Also, when a crisis like rapidly changing prices on consumable items (Ex. face masks).

what steps will you consider to reduce costs, both in the short and medium term?

Critical Question(s)-3: (2.5- Marks)

Discuss the role technology and its importance during Covid time. Also discuss solutions which provided by the organisations.

Critical Question(s)-4: (2.5- Marks)

Discuss the role of Lean manufacturing in the post Covid.

what is the impact that the technology did?

the technology is the auto focus cameras on the phone or cameras which is a mechatronics system

(can you type it please it is hard to read the handwriting )

In the "technology age" how can technology generate problems for a firm?

Discuss the historical development of technology and the effect of a society’s technology in affecting the natural environment.?

Summarize the qualitative risks of on‐time project completion considering the current employment and work environment in the U.S. Several members of your programming team live and work throughout the U.S., and are subject to the laws of those states. Additionally, some of the programming tasks could be modified and possibly sub‐contracted to India, Bulgaria, China, Argentina, and Indonesia.
Discuss how the project manager should address cost/time trade‐offs associated with international outsourced completion of programming tasks. What criteria should be used to determine if a task should be outsourced internationally, or not? Which tasks for this project might be considered for outsourcing to an international programmer or programming team, and why?