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A process that consists of the building or assembling of infrastructure is what construction is all about. When we speak of a construction project, materials and work necessary for the construction of the project are included. Site preparation, foundations, mechanical and electrical work, and other works needed to complete the project are also included in a construction project.
If we speak of construction projects, there are a lot of types to speak of.
When the construction company builds houses, town houses, apartments, condos, cottages, single unit dwellings and subdivisions, we call them 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. The real estate market is highly competitive with high risks but you can also get high rewards for it.
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The most popular type of construction project is building construction. In this type you add a structure to real 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. They also install utilities and equipment.
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There are many types and sizes of projects for 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. The designs of particular buildings are done by hired specialty architects and engineers. 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.
In the whole construction industry, industrial construction just makes a small part. This part of construction is also an important part of the industry. Large corporations for profit are the owners of these projects. These are the manufacturing industry, power generation, medicine, petroleum, and others.
There are also specialized industrial construction projects that are large scale projects which are technologically complex and examples of these are nuclear power plants, chemical processing plants, steel mills, and oil refineries.
When we speak of highway construction, it involves construction, alteration, repair of roads, highways, streets, alleys, runways, paths, parking areas, and others. 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.