ENGINUITY

COMPETITIONS

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UNIVERSITY OF MELBOURNE 2024

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Postgraduate students from the Department of Civil and Environmental Engineering took part in their own internal Enginuity Competition as part of their their module Engineering Contract & Procurement.

The students are split into 27 teams, and competing over 5 rounds, or one and a quarter simulated years, between August and October 2024.


COMPETITION DETAILS
Schedule
The league table at the end of period 6
The story, period by period


PERIOD 6:  "'Hexagonal' taking shape nicely as they take control"

After the impressive growth figures posted in period 5, not unexpectedly period 6 proved to be a much tougher quarter. This was largely driven by the companies being unable to win as much work as they had previously, with the corresponding reduction in forward workload and margin KPIs. The result was major turbulence in the league table with a change in every position.

At the top of the table new leaders emerged as "Hexagonal" took advantage of the decline of many of their rivals, and 4% growth was enough to enable them to climb 13 places to secure the lead with 1,405 pts, and they have opened up a significant gap to the chasing pack.

The chasing pack are led by "The group of 7" in second place, who posted the best positional gain with a superb 15-place climb up the table, and they are just 2 points clear of "Tilted Towers Trading" in 3rd, who also made a maor positional gain of 10 places. The teams who found new work difficult to come by will have to look carefully again at their bidding strategy, and in particular at the margins they are setting to try and undercut their rivals and still make a profit on the jobs they bid for.






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