College - Author 1

College of Architecture and Environmental Design

Department - Author 1

Construction Management Department

Degree Name - Author 1

BS in Construction Management

Date

12-2019

Primary Advisor/Subject Matter Expert (SME)

Dan Knight, College of Architecture and Environmental Design, Construction Management Department

Abstract/Summary

Small business construction contracting firms around the country struggle with growing their business successfully. This is a result of unknown results from new business practices and few resources to initiate programs that can improve productivity and efficiency. A simple solution could give small business construction contractors the opportunity to share ideas, compare company analytics and promote professional networking in a non-competitive, collaborative alliance. The goal of this project is to determine if a collaborative alliance association using data benchmarking would be an effective solution for non-competitive small business contractors to grow their businesses. Thereafter being proven effective, is such an organization feasible to begin as a business venture? The research conducted found that a benchmarking organization, like one found in the petroleum industry, would be effective in the construction industry. It was also determined that an alliance association using such benchmarking systems would be feasible as a third-party organization to promote business growth in small business construction companies. The following fully explains how a benchmarking association in the petroleum industry would be effective and feasible in the small business construction industry.

Poster.pdf (975 kB)
Poster Board

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