Construction website evaluation Essay Example | Topics and Well Written Essays - 1000 words

Construction website evaluation - Essay Example Generally speaking, each construction company has its own motto, perspective, work ethic and attitude on how and what to build. These can vary greatly, but their goal is always the same- to gain more clients, construct more buildings and become successful and acknowledges in the construction business. Once the idea or notion of what to build is created, the customer contacts his or her construction company of choice. They meet and discuss the task at hand, and if they agree on things- a contract is signed to start the construction project. The signing of the contract can be arduous and take a long time since many details have to be agreed upon, such as the cost of the project, exactly how it will be carried out, the estimated duration of constructing and many other details. But if both sides manage to reach an understanding and the company can supply what the customer is interested in, the project is launched. Once the contract is signed, the construction company begins its preparations for the project, and this involves staff members and workers of different areas and fields. One or more architects will be involved, as will construction workers, accountants, lawyers if necessary and many others. The company may have to use sub-contract companies in order to complete the project within the monetary and time frames. This means that another contract will have to be signed between the major construction company that originally took on the construction project and other smaller companies or workers that dont belong to the major company who will be contracted to work on the project. This of course depends on the scope of the project. Finally, when everything is arranged, the implementation stage begins. The materials for the construction project are brought to the location of the intended building (sometimes via other moving companies or industries) and the builders can start constructing the building under the guide of construction manager and the architect or

A New Company Valuation Model and its Application On the Royal Bank of Essay

A New Company Valuation Model and its Application On the Royal Bank of Scotland Plc - Essay Example Bank of Scotland consortium, where the transaction price was approximately â‚ ¬72billion and in the end, this investment was found to be worth nearly zero. Investors have lost billions of pounds and dollars amidst hypes of valuations in practically everything where one may look for an opportunity to invest safely and expect returns. One of the reasons for such losses is that investors are not sufficiently well informed about their investment decisions that they are making or the risks that they are taking on. Buyers tend to depend upon market information published by various organisations or rating agencies. The irony is, these agencies themselves have been inflating the values amidst their own problems. Accordingly, the valuation of companies should no longer be treated as sacrosanct. The specialised lengthy and complex process that companies carry out to make decisions pertaining to mergers and acquisitions can no longer be taken for what it is. Every investor buying shares in a listed company should have reasonable visibility into the value of the company so that he/she can judge the risks and develop balanced portfolios. This dissertation will document comprehensively the current generally accepted concepts and methodologies of company valuation techniques. In addition it will be my endeavour to propose an integrated model in which the investors can apply data and information and evaluate the company value with a reasonable level of accuracy. In this dissertation an effort has been made to address the problems related to the methodology of valuations that has been adopted recently to predict the net worth of companies. The current financial valuation techniques of a company primarily comprise of four methods (Jacob, 2004: pp1-4 and Fernandes, 2007: pp2-19); All four methods result in different ways of thinking and often in different valuations. The investors normally do not understand which method is more suitable for them to use for making the most informed