A process that consists of the building or assembling of infrastructure is what construction is all about. When we speak of a construction project, materials and work necessary for the construction of the project are included. Construction projects also include site preparation, foundations, mechanical and electrical work, and other works needed to complete the project.
There are many different kinds of construction projects.
When the construction company builds houses, town houses, apartments, condos, cottages, single unit dwellings and subdivisions, we call them residential construction projects. The housing designs are done by an architect and an engineer, and it is executed by a contractor who hires subcontractor to do structural, electrical, mechanical, and other specialty work. Residential construction projects must conform to local building authority regulations and codes of practice. Residential projects are easy to enter into the real estate market and this is the reason why many builders would prefer residential projects. There is high competition in the real estate market for residential projects and although they are high in risk, they are also high in rewards.
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Building construction is the most popular type of construction project. In building construction, you add a building on a piece of property. Most of the projects are room additions and small renovations. Construction of new buildings often involved the building of sheltered enclosures with walk-in access for the purpose of housing people, equipment, machinery, or supplies. Utilities and equipment are installed.
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There are many types and sizes of projects for institutional and commercial building construction. Hospitals and clinics, schools and universities, sports facilities and stadiums, large shopping centers and retail chain stores, light manufacturing plants and warehouses, and skyscrapers for offices and hotels are some projects that are included in institutional and commercial building projects. These buildings are designed by specialty architect and engineers that are hired. The competitors in this market are few compared to residential projects because the projects are very high and cost and they are also very sophisticated.
Industrial construction makes up a small part of the construction industry. However, it is also a very important part of the industry. Large corporations for profit are the owners of these projects. Manufacturing, power generation, medicine, petroleum, and others are part of this industry.
Nuclear power plants, chemical processing plants, steel mills, and oil refineries and examples of specialized industrial construction projects and these are large scale projects that are technologically complex.
The construction , alteration, repair or roads, highways, streets, alleys, runways, paths, parking areas are included under highway construction. This includes all incidental construction in conjunction with the highway construction project.
Heavy construction projects usually involve projects that are not properly classified as either building or highway. Heavy construction includes construction of water and sewer line projects, dams, sewage treatment plants and facilities, flood control projects, dredging projects, and water treatment plants and facilities.