When we build infrastructure, we are doing a construction project. If we include materials and the work necessary for the construction, we are speaking of a construction project. Site preparation, foundations, mechanical and electrical work, and other works needed to complete the project are also included in a construction 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. When it comes to the house design, it is the architects and engineers that make it, and when it comes to specialty work like structural, electrical, mechanical and other words, the contractor executes the building but also hire subcontractors to do the other tasks. Local building authority regulations and codes of practice are required for the residential construction project. 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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When it comes to popularity, building construction comes out the first. 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 varied types and sizes of institutional and commercial building construction. Examples of these are 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. Specialty architects and engineers are hired to design particular buildings. 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.
A small part of the whole construction industry is industrial construction. This part of construction is also an important part of the industry. These projects are owned by big, for-profit industrial corporations. These are the manufacturing industry, power generation, medicine, petroleum, and others.
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. The highway construction project also includes all incidental construction.
Heavy construction projects usually involve projects that are not properly classified as either building or highway. Examples of this construction are water and sewer line projects, dams, sewage treatment plants and facilities, flood control projects, dredging projects, and water treatment plants and facilities.