Answer:
The managerial function illustrated is Organizing, where a construction project manager assembles a team of experts for the development of a new property.
Step-by-step explanation:
Organizing:
Organizing is a managerial function that involves arranging and structuring resources (including human resources) to achieve organizational goals efficiently. In the scenario described:
Construction Project Manager:
The construction project manager from Iron Horse Construction is engaging in organizing by assembling a team for a specific project.
Team of Experts:
The manager organizes a team of experts, including geotechnical consultants, erosion control specialists, and contractors.
This involves identifying and selecting individuals with the necessary skills and expertise to contribute to the successful development of the new property.
Purpose of Organizing:
The purpose of organizing in this context is to bring together a diverse set of skills and knowledge needed for the construction project. Each team member has a specific role and expertise that contributes to the overall success of the project.
Coordination:
Organizing also involves coordinating the efforts of the team members to ensure they work together efficiently and effectively.
This includes defining roles and responsibilities, establishing communication channels, and facilitating collaboration.
Efficient Resource Utilization:
By organizing a team with a mix of specialists, the construction project manager aims to ensure that resources are utilized efficiently.
Each expert can focus on their area of specialization, contributing to the overall success of the project.
Achieving Project Goals:
The ultimate goal of organizing in this context is to set the project up for success by having the right people in the right roles, each contributing their expertise to the various aspects of designing and developing the property.
In summary, the managerial function illustrated is organizing, where the construction project manager assembles a team of experts with diverse skills and knowledge to efficiently and effectively achieve the goals of the construction project.
Thus, the managerial function illustrated is Organizing.