About Construction

The construction company is one of the industries that continue to grow along with the rapid pace of development. The more developed an area is the more development in the construction service business. Therefore, the need for buildings used for residential, industrial, public facilities, and so on is increasing. As compared to other manufacturing areas, construction can be considered one of the most complex.

Construction is an activity to build facilities and infrastructure, which includes building construction, civil engineer, and installation. Demand and market conditions change constantly, making building one of the industrial areas in which reliable management skills are necessary. In recent years, the position of a construction company in Indonesia has grown, though not to its full potential. From an economic point of view, construction companies also have a very significant impact.

 

The Characteristics of a construction company

 

Unpredictable

A company in the industrial sector is a company with very high risk and low-profit uncertainty.

Influenced by buyer

Buyers strongly influence the market for the construction industries as the buyer’s interests are very strongly safeguarded by supervisors, insurance firms, and banks that are committed to keeping up with buyer or customer demands.

Fluctuating Budget and Schedule

The contract value and selling price are very conservative. But, it has a fluctuating production cost or budget. The customer or buyer always determines the processing time schedule and quality standards. Because of variations in place and planning based on characteristics, building and design methods tend to vary. The buyer’s decisions will be influenced by the reputation of the company.

Obliged to Apply K3

The K3 policy is a mandatory subject to consider before starting all development-related processes. This is to protect employees from workplace accidents or risks. Enterprises can socialize HRD’s K3 policies. HRD will organize K3 training in the company and require each employee to attend it.