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Types Of Construction Projects Construction is the process of assembling or building infrastructure while a construction project on the other hand includes all the work and materials necessary for the construction. As a matter of fact, there are several construction projects that you can get into and these include: Number 1. Residential – these types of construction projects include apartments, cottages, condominiums, townhouses, houses, single unit dwellings as well as subdivisions. The house’s design are normally done by engineers and architects and its construction is carried out by builders who then employ subcontractors for doing electrical, structural, mechanical and several other specialty works. In this type of project, it is crucial to conform to codes of practice and local building authority regulations. Due to the reason of ease of entry in the real estate market, there are many new builders who show interests in doing residential projects. Basically, this makes it a very competitive market together with highly potential risks and rewards. Number 2. Building – perhaps, this is the most common type of construction project done today. Actually, this is more on adding structures to real properties and most of these projects are doing small renovations and room additions. The construction of sheltered enclosures together with walk-in access for purpose of housing equipment, machinery, supplies or people is what most new building construction projects of today.
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Number 3. Commercial and institutional – in relation to this type of construction project, it is covering wide varieties of project sizes and types similar to universities and schools, clinics and hospitals, stadiums and sports facilities, retail chain stores and large shopping centers, warehouses and light manufacturing plants, skyscrapers for hotels and offices.
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Typically, specialty engineers and architects are employed to design a certain kind of building. Primarily because of the complexity of this market segment and the high costs of it at the same time, it is sometimes hard to find a business offering such service. Number 4. Industrial – this one is only a small part of the entire construction industry but do not underestimate it as this plays a vital role. These projects are often owned by for-profit industrial corporations similar to power generation, petroleum, medicine, manufacturing and the likes. Number 5. Specialized industrial construction – when it comes to this construction project, it is usually involving big scale projects together with high degree of technological sophistication like chemical processing plants, nuclear power plants, oil refineries and steel mills. Number 6. Highway construction – simply put, such construction projects are composed of alteration, repair or construction of new roads, streets, highways, runways, alleys, parking areas, paths and so on. It also includes incidental construction combined with highway construction projects.