Competition Review - virtmansim.co.uk

Competition Review - virtmansim.co.uk

ENGINUITY 2017 COMPETITION REVIEW Copyright Virtual Management Simulations The Global Challenge An international field of 200+ teams started the ENGINUITY 2017 Business Management Competition for Construction Professionals in the UK and worldwide. The entrants included teams from consultancies and contractors based around the UK, Europe, Middle East, Asia Pacific and the Americas, emphasising the wide ranging and global appeal of the Enginuity competition. Using the Enginuity Simulation, participants, working as a team of directors, were

given the task of running a fledgling UK-based Global Construction Business. The new management team needed to form an effective strategy to grow the business, and satisfy the high demands of the company's shareholders, who were keen to see a quick return on their investment. Key decisions had to be made to manage the business for a simulated number of years, in a dynamic 'real life' environment, with jobs, clients, competitors and people across different continents and countries, resulting in unique challenges and opportunities and requiring some special management skills to be successful. ENGINUITY 2017 put participants in the hot seat, providing them with the opportunity to acquire an understanding of the challenges

and decisions that face their corporate management on a daily basis. Preliminary Rounds The PRELIMINARY ROUNDS During the 8 weekly Preliminary Rounds, which took place between March and April, each team played independently in their own virtual world, competing for work against simulated rival companies, each with their own bidding strategies. 12 teams qualified for the Final, with the largest sponsor WSP well represented, along with teams from Beca, MWH now part of Stantec, Parsons Corporation, Ramboll and the Robert Bird Group. The finalists were spread globally, with 1 from Australia, 3 teams from the UK, 3 from New Zealand and 5 from the United States.

With just over 200 points between the finalists, another highly competitive final was in store. The top of the League Table at the end of the Preliminary Rounds The Final The FINAL The final was played over a further 6 rounds during two weeks in early May, enabling the teams to take part in the final from wherever they were located, and giving them enough time between each round to make considered and effective decisions, and reflect upon and refine their strategies. During the final the teams competed 'head to head' directly against each other. This created an even more uncertain and pressurised environment in which the skills and team dynamics

formed in the early years were really put to the test. The final saw lots of ups and downs, but ultimately it was Never Tell Me The Odds from WSP who deservedly emerged victorious as the ENGINUITY 2017 Champions, and the first winning team from the United States. The Final League Table The Champions The Champions, Never Tell Me The Odds from WSP with their awards.

Each member of the winning team :Vincent Favale Brendan Tyler Matthew Beller Joseph Salvo received a cash prize, engraved crystal award and certificate of achievement. The Runners Up The Runners Up, Stechay Inc. from WSP with their awards.

Each of the runners up :Bogdan Kosanovic Milos Mitrovic Branislav Jelkic Jelena Jovanovic Svetlana Krstic received a cash prize, engraved crystal award and certificate of achievement. All Finalists Each finalist received a personalised laminated certificate of achievement, denoting their finishing position in the overall Competition.

Certificate Of Participation Each participant in the Competition received a certificate of participation. ENGINUITY 2018 2017 Publicity for the competition will be sent out at the beginning of November Registration will start during November 2018

The 2018 software is released on the website at the beginning of January Trialling starts after the software is released for registered teams The Preliminary Rounds take place during March and April The Final will take place during May Further Information Further detailed information can be obtained from the website at: www.enginuitycomp.co.uk or by e-mail [email protected]

or by contacting in the first instance Mike Fletcher Tel/Fax No: +44 (0)1332 694351

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