Abstract

A computerized project management game has been developed to assist in understanding and teaching the economic and managerial problems of urban building development. In this game, players form teams, and make all decisions regarding building financing and construction; the response of the urban environment to all decisions is simulated by the computer system. Each team decides the type of project to build (commercial office buildings, high-rise apartments, moderate-income apartments, or shopping centers), its size, and its location in the simulated city. The computer game stresses the importance of financial planning, cash flow management, team organization, procurement and use of information, interaction with competing teams, and analyses of risks and alternatives as guides to decision-making.It is intended for students in construction management and practicing professionals with an interest in the building construction process.

Full Text
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