CONSTRUCTION INDUSTRY SIMULATIONS

MERIT is a computer-based simulation that currently operates as a modular package in an internet browser window environment and supported internet-based communications. MERIT generates realistic scenarios of a construction company's business markets and conditions, to which groups of young engineers interact as teams to competitively manage a virtual company... MERIT offered a breakthrough in the approach to training engineers in company and financial management which was inter-alia by experience, by attending formal courses or by reading. None of these traditional approaches offer the opportunity to practice, through simulation MERIT does. The new MERIT approach was much more dynamic and as such stimulates further study, encourages the participants to develop their analyses supporting their decision. In many cases these are sophisticated analyses and allows the participants to explore strategies and experiment with potential outcomes.

Also known as: Construction Industry Simulations Ltd, MERIT, MERIT Game