Cheerleaders Wanted at IBS Construction Competition

Filed in Business Management, Education, IBS by on November 4, 2015 0 Comments
Pennsylvanial State Universoty students won the competition this year at IBS.

Pennsylvania State University students won the competition for four-year students this year at IBS.

Thirty-nine student teams from four-year universities around the country will compete for $1,000, a trophy and bragging rights during the 2016 Residential Construction Management Competition at the NAHB International Builders’ Show (IBS) in Las Vegas Jan. 18-20.

If you are attending the show, a team from a school near you could use a cheering squad. And you might even get a few leads on some smart new employees.

Builders, suppliers and EOs are already raising money to support the students, some matching the travel scholarship funds provided by the National Housing Endowment.

Each of the student teams will work on the same project, which is sponsored by Washington, D.C.-area home builders Miller and Smith. The project involves a 147-acre piece of property near Frederick, Md., already re-zoned as a planned unit development and for sale with a $7.5 million price tag.

Student teams must prepare a construction estimate and budget, construction schedule, cash flow projections and return on investment, project management and organization, marketing and risk analysis using the approved project site layout and land development plan.

During the competition, students defend their processes. Each team needs to convince the judges — who play the role of their company’s senior executive team — that they have a viable project.

Learn more about the Residential Construction Management Competition on its Web page, or contact NAHB Student Chapters Director Greg Zick at 800-368-5242 x8493.

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