Introduction


Introduction

BIG is a computer program that simulates a market with demand for the construction of buildings. As a student, you and a group of your classmates will form a construction management company to compete for work and profit in this market. To be successful you must make business decisions that will keep revenue flowing into your company, while at the same time monitoring other companies to ensure your company stays competitive. The goal is give you experience at performing the following activities:
  • Deciding which jobs are best for your company to bid on
  • Estimating and forecasting costs and revenues
  • Creating bids that are both responsible and competitive
  • Monitoring jobs in progress
  • Reading accounting reports and using them to understand your financial position
  • Learning from your mistakes and not repeating them
The last item is particularly important because BIG gives you an environment in which mistakes do not come with any real world penalties. Hopefully, the mistakes you make in BIG are not mistakes you will make in the real world when you are asked to perform the same activities.


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