An assessment of the maturity and implementation of assurance frameworks on building construction projects within construction companies in South Africa
- Authors: Govender, Trevor Desigan
- Date: 2013-05-27
- Subjects: Project management , Engineering management , Construction projects - Management , Construction industry - Quality control
- Type: Mini-Dissertation
- Identifier: uj:7547 , http://hdl.handle.net/10210/8405
- Description: M.Ing. (Engineering Management) , In the wake of the recent global financial crisis, the engineering and building construction industry has been faced with great uncertainty. Emerging from the crisis, investors are taking a cautious approach to how, with, and through whom they invest money. Organisation’s shareholders and stakeholders are therefore seeking new ways to run their businesses looking at cost optimisation and enhanced performance to increase their profitability. Companies are moving towards ensuring tighter control through stronger governance, closer risk management and compliance to statutory and regulatory requirements. To achieve this, assurance frameworks are being used to test, monitor and report to senior management on the organisation’s status. This dissertation highlights the importance of governance, risk and compliance control mechanisms specifically in the building construction sector within construction companies in South Africa. It will assess the maturity of such assurance frameworks and its implementation on building construction projects undertaken by large construction companies. These practices will be compared to the assurance frameworks as recommended and implemented by international leading practice. The dissertation will review the impacts that effective and weak assurance practices have on an organisation’s projects, their businesses and their statutory liability. To understand this, the research conducted interviews, surveys and case studies on large Johannesburg Stock Exchange (JSE) listed construction companies in South Africa. The data was analysed: quantitatively, qualitatively, statistically as well as trended conclusions are made. The dissertation ends by pointing to the advantages of proper assurance controls on building construction projects and presents a template of an assurance framework that may be developed by construction companies into assurance programmes and other tools for use in their environment.
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Management skills for engineers & technologists : industry perceptions and implications for management of engineering systems
- Authors: Malene, Patrick
- Date: 2013-05-28
- Subjects: Engineering management
- Type: Mini-Dissertation
- Identifier: uj:7563 , http://hdl.handle.net/10210/8425
- Description: M.Phil. (Engineering Management) , Today’s technical challenges are seldom solved by an individual. A team of people usually get involved when new products, processes, organizational structures or technologies are developed, tested and subsequently maintained. Such teams comprise of engineers, technologists and project managers and their roles being to direct others, control, plan, administer and manage these technologies. Engineering managers have become the pillars of most organizations, which are using sophisticated equipment to produce high-technology products. The ability of companies to generate new business has become increasingly dependent on technical knowledge. Implicitly, people with both technical knowledge and managerial skills with the capability to think strategically about the technology and business goals are required. There are several reasons why engineers and technologists should be effective in the general management of technical orientated business. In such organizations, efficient planning is required to ensure that the organizational objectives are met. The other reason for the engineers and technologists to have management skills is that, they are typically people who employ technical personnel. Therefore they need to understand and follow the human resource management process, for them to effectively evaluate these candidates. Other than that, engineers play a role in financial decision making for their organizations, marketing and other nonengineering departments. Engineers and Technologists at all levels must be adept in business realities, developing large scale engineering systems, and working with other people. These factors depict the reality of contemporary organizations, thus the management training of these technical people will ensure effectiveness in their leadership style. This mini dissertation will emphasize the need to equip technical people with management..Further, it will briefly discuss the management functions that engineers and technologist assume at different organizations.
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