A process that consists of the building or assembling of infrastructure is what construction is all about. A construction project then includes all the materials and work needed to build the infrastructure. Construction projects also include site preparation, foundations, mechanical and electrical work, and other works needed to complete the project.
Construction projects are of various kinds which we shall be examining below.
Houses, apartments, condos, town houses, cottages, single unit dwellings, and subdivisions are classified under residential construction projects. Architects and engineers do that housing designs and the execution is done by builders who hire subcontractors for structural, electrical, mechanical, and other specialty work. Local building authority regulations and codes of practice are required for the residential construction project. Residential projects attract builders since it is easy to enter them in the real estate market. 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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When it comes to popularity, building construction comes out the first. This is simply adding a structure to real property. Room additions and small renovations are also under building construction. The new building construction projects are construction of sheltered enclosures with walk-in access for the purpose of housing people, equipment, machinery or supplies. The installation of utilities and equipment is included.
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There are varied types and sizes of 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. The designs of particular buildings are done by hired specialty architects and engineers. There are few competitors in this market segment because of the high costs and greater sophistication n of institutional and commercial buildings compared to residential construction projects.
In the whole construction industry, industrial construction just makes a small part. This part of construction is also an important part of the industry. Big, for-profit industrial corporations own these projects. Manufacturing, power generation, medicine, petroleum, and others are part of this industry.
There are also specialized industrial construction projects that are large scale projects which are technologically complex and examples of these are nuclear power plants, chemical processing plants, steel mills, and oil refineries.
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.
Outside of building or highway construction projects are heavy construction projects. 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.