I agree with the equation Sachin made and would like to ADD investor confidence to it. Hence
Resource = Cash available + Investor Confidence.
Ravi & Sunley made suggestions to safegaurd the clients bussiness by advising the slowing down of the project, reducing scope, changing market strategy, agreeing payment terms etc, But what about benefits to the Client? Do negotiating the price be an option.
To my notice there are many projects which were up and running, where the cleint had either negotiated the price or replaced the PMs, Consultants, Contractors for reducing the price and get benefit or rather reduce their loss.
I beleive, Construction market too have a cyclic behaiviour with sellers and buyers market. It was sellers market upto 2008 and from 2009 it is buyers market. In the Project execution stage the seller is PMs, Consultants, Contractors and other service providers, whereas the buyer is Cleint-Developer.
This configuration may change in the Post Construction stage where developer takes the role of seller and the end user (general public, investors) becomes a buyer.
So Guys in UAE I reckon its Investor Confidence which matters
Some positive signs seen from Abu Dhabi and Qatar seeing the number of tender queries from there. Saudi - Kingdon tower ( tallest tower ) is still active. Role of planner in recession has increased much since now cash flow determines the progress and not the contractual milestone of completion. So from a resource = infinity situation, there has been a correction to resource = cash available.
Dont much Worry ,jobs still comming up. Any one looking for the job, who has experience in Planning-Infrastructure and Mass Housing and looking to joined immediately please send your CV to ravipotwar@yahoo.com
Member for
20 years 1 monthI believe UAE has to follow
I believe UAE has to follow the path of Kuwait & Bahrain to tackle Recession.......
http://gulfnews.com/news/gulf/kuwait/kuwait-to-scrap-sponsorship-system…
http://gulfnews.com/news/gulf/kuwait/kuwait-firm-on-decision-to-scrap-s…
http://gulfnews.com/news/gulf/bahrain/qatar-could-follow-bahrain-in-scr…
Member for
15 yearsJOB
All,
I am working with Al futtaim carillion as a planning engineer in EMAL(Emirates Aluminuim, Aluminium smelter).
I want to change a job with building construction.
If any one have any openings for my needs please call me.
Regards,
Abdul
0557894487
Member for
16 years 11 monthsRE: Recession and the role of Planner
Hi mai
Try registering in Bayt.com
Member for
15 years 8 monthsRE: Recession and the role of Planner
hi guys:
if any one can help to find a work in UAE , please tell me since our company is going to close within one month.
regards.
Member for
18 years 4 monthsRE: Recession and the role of Planner
Thanks All,
I agree with the equation Sachin made and would like to ADD investor confidence to it. Hence
Resource = Cash available + Investor Confidence.
Ravi & Sunley made suggestions to safegaurd the clients bussiness by advising the slowing down of the project, reducing scope, changing market strategy, agreeing payment terms etc, But what about benefits to the Client? Do negotiating the price be an option.
To my notice there are many projects which were up and running, where the cleint had either negotiated the price or replaced the PMs, Consultants, Contractors for reducing the price and get benefit or rather reduce their loss.
I beleive, Construction market too have a cyclic behaiviour with sellers and buyers market. It was sellers market upto 2008 and from 2009 it is buyers market. In the Project execution stage the seller is PMs, Consultants, Contractors and other service providers, whereas the buyer is Cleint-Developer.
This configuration may change in the Post Construction stage where developer takes the role of seller and the end user (general public, investors) becomes a buyer.
So Guys in UAE I reckon its Investor Confidence which matters
Member for
16 years 1 monthRE: Recession and the role of Planner
Some positive signs seen from Abu Dhabi and Qatar seeing the number of tender queries from there. Saudi - Kingdon tower ( tallest tower ) is still active. Role of planner in recession has increased much since now cash flow determines the progress and not the contractual milestone of completion. So from a resource = infinity situation, there has been a correction to resource = cash available.
Member for
16 years 11 monthsRE: Recession and the role of Planner
Openings are a lot in Saudi Arabia since they have massive projects i thrust they have started worlds tallest tower.
Member for
20 years 7 monthsRE: Recession and the role of Planner
Guys,
Dont much Worry ,jobs still comming up. Any one looking for the job, who has experience in Planning-Infrastructure and Mass Housing and looking to joined immediately please send your CV to ravipotwar@yahoo.com
Member for
16 years 11 monthsRE: Recession and the role of Planner
projects r moving on partial payments in UAE?
Member for
18 years 1 monthRE: Recession and the role of Planner
hello,
I can suggest here no need to reduce scope,you can suggest to Client to make payment partly.
Member for
16 years 11 monthsRE: Recession and the role of Planner
Of course may lay offs were there but now it got reduced and i found few openings in Abu Dhabi
Member for
17 years 10 monthsRE: Recession and the role of Planner
But it seems things are picking up a bit.
Member for
20 years 2 monthsRE: Recession and the role of Planner
Lot of planners are loosing the job
because of Slow down the work or suspension of the Jobs
Member for
17 years 10 monthsRE: Recession and the role of Planner
No EOT and LD.
Member for
20 years 7 monthsRE: Recession and the role of Planner
Prepared Cost driven Programme and Extend the duration of the project.
Make aggerment with Contractor and Contractor for Payment schedule to pay accordingly for minimum Payment. No extention claim.
Member for
22 years 2 monthsRE: Recession and the role of Planner
Hi,
You can advise the client to slow down works,
Reduce the scope,
Change marketing strategy from Sale to Leasing etc