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G R O U P 1
G R O U P 1
ENGR. James Bryan S. Virola
Leader
ENGR. Xena Mhey J. MabagA
MEMBER
20222166
20221610
ENGR. CHARLENE JOYCE T. PAMOR
MEMBER
20233003
ENGR. ANGELINE B. UNARCE
MEMBER
20232997
Strategic
Strategic
Planning
Planning
Strategic planning includes
designing a company’s
response and behavior in a
competitive market, creating a
market strategy, and adapting
company resources to support
the strategy.
A strategic plan is developed to record the
company goals and outline the steps needed
to take and the milestones needed to achieve
to reach those goals.
For a construction company, here are the few
competitive goals:
Deliver high-quality projects
Keep construction projects on time and
within the budget
Be data-driven
Connect the worksite to the office in an
effective manner
Standardise construction systems and
processes
Invest in staff and team training
Customer satisfaction
Don’t stop with “we will improve productivity”.
Be more exact. “We will improve worksite
productivity by 50% by improving
communication through the implementation
of construction collaboration software.”
WHAT IS STRATEGIC PLANNING
IN CONSTRUCTION?
Strategic planning in construction usually
involves a six-step framework.
Note: This is not a one-size-fits-all model but a
recommended process that has reaped equal
benefits for a lot of construction companies.
1. Studying the company mission.
2. Examining the business environment of the
company.
3. Analyzing company resources.
4. Developing strategies.
5.Aligning and executing strategies.
6. Review, measure, modify.
IMPORTANCE OF
STRATEGIC PLANNING
IN CONSTRUCTION
Strategic planning assures that all your actions
are logical and planned to contribute to the
efficient delivery of the project and your overall
standard construction process.
Strategic planning aligns all resources for
optimal results.
Strategic planning prioritised financial needs.
Strategic planning builds your construction firm
a competitive advantage.
Strategic planning engages with your
stakeholders and project teams and
communicates effectively what needs to be
done.
Analyse potential construction and
business risks.
Implement risk control measures on a
business level and in the worksite.
Eliminate uncertainties.
Consider how to mitigate the impact of
risks, if ever they should occur.
WHAT ARE THE
OBJECTIVES OF
CONSTRUCTION PLANNING?
The objectives of construction planning revolve
around the basic management and balancing
of three aspects: scope, time and cost.
Good construction planning should be within
the boundaries of the defined scope, cost and
schedule without compromising the quality of
your construction project.
PROJECT MANAGEMENT TRIANGLE
The peripheral objectives contributing to the
balance of these three aspects include these
typical project planning objectives:
1. Your construction plan should involve the
planning of each activity in the entire
construction project process.
2. Your construction plan should define and
detail all construction methods involved.
3. construction plan should have an outline of
all construction machinery and equipment
needed to execute the project.
4. Your construction plan should include your
procurement details of all the needed
materials.
5. Your construction plan should also detail
human resources and employee skills.
6. Your construction plan should also include
all required documentation and drawings.
7. Your construction plan should also have
financial planning integrated alongside all
construction activities.
Strategic
Management
Strategic management is the
ongoing planning, monitoring,
analysis and assessment of all
necessities an organization
needs to meet its goals and
objectives.
Strategic management
strategies consist of five basic
strategies and can differ in
implementation depending on
the surrounding environment.
5 STAGES OF STRATEGIC MANAGMENT
PROCESS
assessing the organization's current
strategic direction;
identifying and analyzing internal and
external strengths and weaknesses;
1.
2.
3. formulating action plans;
4. executing action plans; and
5. evaluating to what degree action plans have
been successful and making changes when
desired results are not being produced.
TYPES OF STRATEGIC MANAGEMENT
STRATEGIES
SWOT Analysis
A SWOT analysis identifies and compares the
strengths and weaknesses of an organization
with the external opportunities and threats of
its environment.
Balance Scorecard in Strategic Management
The balanced scorecard is a management
systemthat turns strategic goals into a set of
performance objectives that are measured,
monitored and changed, if necessary, to
ensure the strategic goals are met.
Value of Organizational Culture
Organizational culture can determine the
success and failure of a business and is a key
component that strategic leaders must
consider in the strategic management process.
Reference:
Strategic.pdf

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Strategic.pdf

  • 1. G R O U P 1 G R O U P 1
  • 2. ENGR. James Bryan S. Virola Leader ENGR. Xena Mhey J. MabagA MEMBER 20222166 20221610 ENGR. CHARLENE JOYCE T. PAMOR MEMBER 20233003 ENGR. ANGELINE B. UNARCE MEMBER 20232997
  • 4. Strategic planning includes designing a company’s response and behavior in a competitive market, creating a market strategy, and adapting company resources to support the strategy.
  • 5. A strategic plan is developed to record the company goals and outline the steps needed to take and the milestones needed to achieve to reach those goals.
  • 6. For a construction company, here are the few competitive goals: Deliver high-quality projects Keep construction projects on time and within the budget Be data-driven
  • 7. Connect the worksite to the office in an effective manner Standardise construction systems and processes Invest in staff and team training Customer satisfaction
  • 8. Don’t stop with “we will improve productivity”. Be more exact. “We will improve worksite productivity by 50% by improving communication through the implementation of construction collaboration software.”
  • 9. WHAT IS STRATEGIC PLANNING IN CONSTRUCTION?
  • 10. Strategic planning in construction usually involves a six-step framework. Note: This is not a one-size-fits-all model but a recommended process that has reaped equal benefits for a lot of construction companies.
  • 11. 1. Studying the company mission. 2. Examining the business environment of the company. 3. Analyzing company resources. 4. Developing strategies. 5.Aligning and executing strategies. 6. Review, measure, modify.
  • 13. Strategic planning assures that all your actions are logical and planned to contribute to the efficient delivery of the project and your overall standard construction process. Strategic planning aligns all resources for optimal results. Strategic planning prioritised financial needs.
  • 14. Strategic planning builds your construction firm a competitive advantage. Strategic planning engages with your stakeholders and project teams and communicates effectively what needs to be done.
  • 15. Analyse potential construction and business risks. Implement risk control measures on a business level and in the worksite. Eliminate uncertainties. Consider how to mitigate the impact of risks, if ever they should occur.
  • 16. WHAT ARE THE OBJECTIVES OF CONSTRUCTION PLANNING?
  • 17. The objectives of construction planning revolve around the basic management and balancing of three aspects: scope, time and cost. Good construction planning should be within the boundaries of the defined scope, cost and schedule without compromising the quality of your construction project.
  • 19. The peripheral objectives contributing to the balance of these three aspects include these typical project planning objectives: 1. Your construction plan should involve the planning of each activity in the entire construction project process.
  • 20. 2. Your construction plan should define and detail all construction methods involved. 3. construction plan should have an outline of all construction machinery and equipment needed to execute the project. 4. Your construction plan should include your procurement details of all the needed materials.
  • 21. 5. Your construction plan should also detail human resources and employee skills. 6. Your construction plan should also include all required documentation and drawings. 7. Your construction plan should also have financial planning integrated alongside all construction activities.
  • 23. Strategic management is the ongoing planning, monitoring, analysis and assessment of all necessities an organization needs to meet its goals and objectives.
  • 24. Strategic management strategies consist of five basic strategies and can differ in implementation depending on the surrounding environment.
  • 25. 5 STAGES OF STRATEGIC MANAGMENT PROCESS assessing the organization's current strategic direction; identifying and analyzing internal and external strengths and weaknesses; 1. 2.
  • 26. 3. formulating action plans; 4. executing action plans; and 5. evaluating to what degree action plans have been successful and making changes when desired results are not being produced.
  • 27. TYPES OF STRATEGIC MANAGEMENT STRATEGIES SWOT Analysis A SWOT analysis identifies and compares the strengths and weaknesses of an organization with the external opportunities and threats of its environment.
  • 28.
  • 29. Balance Scorecard in Strategic Management The balanced scorecard is a management systemthat turns strategic goals into a set of performance objectives that are measured, monitored and changed, if necessary, to ensure the strategic goals are met.
  • 30. Value of Organizational Culture Organizational culture can determine the success and failure of a business and is a key component that strategic leaders must consider in the strategic management process.