Overview ENGINUITY Copyright Virtual Management Simulations

The Challenge MANAGING A GLOBAL BUSINESS Using a sophisticated computer simulation, competing teams are given the task of managing a fledgling UK-based global construction business that has been operating for just one year. There are jobs, clients, rival competitors, risks and people worldwide, providing a challenge that is relevant and appropriate to the nature of the global construction industry today. UK Economic Climate HQ Road contract on the US Interstate Highway System Energy contract in the Middle East Building project in New Zealand Worldwide client base Lucrative contracts Niche markets OPPORTUNITIES Global competitors Client expectations Environmental issues CHALLENGES

Business Strategy REALISTIC ECONOMIC ENVIRONMENT The ‘virtual’ environment the teams are operating in is based on the UK and World economies as they are today, both from a financial viewpoint, and in terms of the characteristics of different locations worldwide. To add to the realism the environment is constantly changing to provide ongoing challenges. STRATEGY The new management team will need to develop a clear strategy to grow the business and improve its value. Developing an effective strategy will involve acquiring a good understanding of :- The economic environment in which the company is operating The current strengths and weaknesses of the business SUCCESS OR FAILURE Effective teamwork will be vital to ensure that the company runs smoothly, and the decisions that have to be made, and the fate of the company, lies in the hands of the new management team..

Making Key Decisions DECISION MAKING The teams manage their business for a number of rounds, where each round represents a quarter, or 3 months, in the ‘real world’. Each round decisions are made to implement company strategy, and cover the key functions of the business :-  Financial management  Overhead management  Procurement  Job progression TIMEFRAME There are 2 timeframes used :-  THE EARLY YEARS (Always) The competition for jobs comes from a number of simulated companies, each with their own unique profile and bidding strategy.  THE LATER YEARS (Optional) The teams compete ‘head to head’ against each other for both work and resources.

Assessing Performance The performance of each team each round is measured by 10 Key Performance Indicators. During a competition, each team’s performance relative to each other is displayed on a league table published at the end of each round, which only shows the overall KPI score of each team.

Key Features ENGINUITY exposes participants to the key aspects of managing a global construction business. Managing The Global Business Corporate level Understanding the industry UK and worldwide Economic climate Availability of work Rival competition Client expectations Forming company strategy Satisfy stakeholders Improve asset value Achieve profitable growth Increase market share Manage risk Enhance company reputation Operational level Making key decisions Finance Marketing Overheads Procurement Job progression Overcoming problems Changes in economy Job delays New competitors Changing client requirements Personnel issues Supply chain problems Management skills required Interpreting reports Measuring performance Analysing information Solving problems Making effective decisions

Target Audience Applicable To Construction professionals Students No age limit UK and worldwide Any location Job Roles Engineering Quantity Surveying Project Management Architecture Planning Head office functions Sectors Civil Building Structural Highways & transportation Water & environmental Building services Mechanical & chemical

Operationally SOFTWARE The Participants’ Module is the software used by participants to take part in a competition, and enables :-  Decisions to be made for each period  Company performance to be measured and assessed  The global economic environment to be analysed LEARNING HOW TO PLAY the best way to learn about Enginuity is to have a go, and there is the opportunity to practice making decisions and analysing the results, known as trialling, prior to the start of a competition. HELP TOOLS A set of help tools are available to learn how to play Enginuity, including :-  A detailed slideshow tutorial  An on-line learning zone