Case Studies are not a new idea; they have been around as long as there have been business schools. The use of the case study method has been effective in exposing university students and other learners to real world concepts, problems and solutions.
We present and teach case studies concerning construction contracting in our seminars. The reason is fairly obvious: they teach real world experience which is very hard to transfer in a classroom setting. In our courses, seminar time is spent in part, learning from each other and in part, teaching about our interpretations and our experiences. It always is an enjoyable learning and teaching experience for me.
Two typical case studies we use are:
1) A specialty contractor – Toronto MEP
2) A general contractor – CDLN
We have several we chose from depending on the subject matter.
These cases are fictious but, do contain recurring business themes in construction companies’ challenges.They do not resemble actual firms. Some of the issues raised will be General Business Issues, Job Cost Reporting, Planning, Ethics, Legal Action, Budgeting, Ownership Agreements and Financial Performance.