Enterprise in the construction industry
The term ‘enterprise’ can have a number of different meanings:
- It can be a general term used to refer to some sort of undertaking, such as a construction project. Sometimes the use of the word ‘enterprise’ can imply that the undertaking is ambitious, a ‘bold enterprise’ or it might be used in reference to a partnership, a ‘joint enterprise’.
- It can refer to an organisation, business or company. Project 13, the ICE-led initiative to boost certainty and productivity in infrastructure projects defines an enterprise as ‘…an integrated organisation, aligned and commercially incentivised to deliver better outcomes for customers from infrastructure investment. Such organisations are characterised by sophisticated, maturing and typically longer-term relationships between owners, investors, integrators, advisors and suppliers.’ Ref P13 Blueprint, ICE, 2018.
Other more specific uses of the term in the construction industry relate to the encouragement of entrepreneurial behaviour, growth, new businesses and jobs:
Featured articles and news
Report examines lack of detail in the Government's vision.
Our director Gregor Harvie hosts 4 webinars at the IHBC marketplace on Friday.
Look up construction terms on any website direct from your browser.
The revival of the public sphere in Toronto.
The story behind the copycat architecture craze.
Construction product availability
Insight into construction materials supply and demand issues.
IHBC has announced winners of the 2020 honours.
Cement and concrete industry introduces measures to go beyond net zero.
UKGBC has introduced a resource to help with sustainability challenges.
Is it time to embrace EVs at last?
Plaster, glue and dye produce a highly decorative effect.
BSRIA predicts winners and losers for 2021 and beyond.
Net zero promises by September 2021
Firms must commit to net zero to secure major public work.
The resurgence of the British country house. Book review.