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BUILDING ECONOMIC CHAPTER 1 - Coggle Diagram
BUILDING ECONOMIC CHAPTER 1
importance
size of GDP
The total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.
government as main client.
provide job oppurtunities.
provide building for invest.
intro
refer to development and construction activities, only involve development and construction parties.
construction activities are wide.
develop process is more than design and develop.
development and construction involves many parties.
success in development and construction.
economics
scientific studies on people's in relationship to scare resource with various use.
study on how human and society make a choice that become scare day by day.
choice on how resource are utilised or allocated.
cons. economics
main objective
allocation of scare resource eco. practicioner to fulfill basic human needs.
as an adviser that give advice and view to get best value for client's money.
cost management
post contract
tender reconciliation
contract cost control.
pre-contract
cost plan
check
priminary estimate
terminology
COST, PRICE, PROFIT, VALUE, PROFITIBILTY, FEARSIBILITY.
GDP, PRODUCTIVITY, SHARE, SURPLASS
COST MANAGEMENT, COST PLANNING, COST DATA, COST ANALYSIS
BOND, CAPITAL, EXPORT, IMPORT, INFLATION
INTEREST, TARIF, SAVING.
COST CONTROL, COST ESTIMATE, COST MODELLING, DEFLATION
GOOD, FINANCE, MORTGAGE, INVESTMENT
VIABILITY, DEPRECATION