Future Construction Industry Trends | Page 39

Energy modeling - Assess the energy use of a building and to quantify the savings attributable to the
proposed design. Properly used, energy modeling can help optimize the building design and allow the
design team to prioritize investment in the strategies that will have the greatest effect on the building’s
energy use. Source: www.businessdictionary.com
Engaging with others - Is a milestone on the way to becoming an effective leader. Armed with a deeper
understanding of yourself, your motivations your talents and areas of ‘non-talent’ you are in a much
better position to develop your ability to work effectively with and to inspire and lead others.
Engagingminds.biz
Engineering - The branch of science and technology concerned with the design, building, and use of
engines, machines, and structures. Source: BLS.gov
English and/or Spanish - The use or study of English or Spanish by speakers with different native
languages. Source: Wikipedia
Environmental regulations - The U.S. Environmental Protection Agency (EPA) and state environmental
agencies regulate the impact of businesses on the environment. The EPA develops and enforces
regulations that implement environmental laws enacted by Congress. www.sba.gov
Equipment management - Is responsible for procedures related to the management and control of all
inventorial equipment under the care and custody of the organization.
Equipment operation - Using the appropriate equipment or machines in the minimum amount of time,
safely with unnecessary wear and tear. Source: NCCER.org
Ergonomics - Or human factors - is the scientific discipline concerned with the understanding of
interactions among humans and other el ements of a system, and the profession that applies theory,
principles, data and methods to design in order to optimize human well-being and overall system
performance. Source: The International Ergonomics Association
Estimating - Computation of a price with regard to time and resource requirements upon which a firm
quotation is based. Source: www.businessdictionary.com
Excel - Software developed and manufactured by Microsoft Corporation that allows users to organize,
format, and calculate data with formulas using a spreadsheet system broken up by rows and columns.
Source: www.businessdictionary.com
Facility wellness - Detailed study based on environmental assessment (EA) to determine the type and
level of effects an existing facility is having, or a proposed project would have on the facility.
www.businessdictionary.com/.../environmental-impact-assessment-EIA.html
Finance Manager - Financial managers are responsible for the financial health of an organization. They
produce financial reports, direct investment activities, and develop strategies and plans for the longterm financial goals of their organization. Source: Bureau of Labor Statistics
Funding sources - When starting a business or growing existing business, you almost certainly will need
money. This money can come from many different sources. Roughly speaking, investments break down
into two forms: debt and equity. Debt is taken on when money is borrowed from a lender, and interest
is paid on that investment over time. Or, one can take on an equity investment -- in which a portion of
the company or product is sold to an investor in return for cash or something else of value. New
businesses often find it easier to get money from individuals or groups of individuals, while companies
which have a track record of success are more apt to find an audience with institutional lenders.
Source: Small business association

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