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In this round the average percentage improvement is around 30% with a standard deviation of about 20% this indicates that there is space for some big movements.
There have been some perturbation in the top six Glasgow Caledonian's 'RMHS' rise one to first place whilst 'Cali Construction' slip from first place to third leaving Oxford Brookes' 'OB-one' split the two by rising from sixth to second. Loughborough University's 'Team Poseidon' break into the top six at fourth place rising from seventh. Greenwich's 'Continuous Flight Augers' make a significant surge of fifteen places to fifth place and HK Poly U's 'BRE Team 4' are now in sixth rising six places. The next six teams are only 10% away from the top six. There have also been big movements by West England's 'BC Group' and RMIT's 'Solid Foundation'. Sadly some teams have moved the other way!
Each decision in MERIT influences the outcome. For example care must be taken in staffing head office. Not enough in marketing will reduce bidding opportunities, too much will drive up overheads. Not enough measurement staff will reduce the recovery from each contract. In estimating too little effort will produce an estimate with a wide variation, if through little effort you produce an estimate that is low, and you won't know whether it is low or not, then either your bid will be rejected as unrealistic or you'll win a contract at a price that will make losses. A bid that is high won't win. When staffing the projects matching the project manager's skills with the project will affect the efficiency.
All decisions are about balance, it takes careful consideration and input from all team members to ensure that all the factors are considered. Running a simulated company in MERIT is not easy but neither is running a real company. Experience the pressures and demands of directors it will develop your skills.
Past winners have come from RMIT and Glasgow Cali previous finalists have come from, HKU, Loughborough, Greenwich, Deakin, Curtin and Newcastle (Australia).
There is still plenty of time and with big improvements any team can still make the final in Hong Kong.
Period 6 results
Preliminary results, subject to change. (Teams with a negative % have requested late submission or have been asked to resubmit)
Top 10
Team's improvement
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The race to be Global Student Challenge 2016 Champion has started
The initial round of the 2016 Global Student Challenge shows an average improvement from the starting position of around 30% but with a big standard deviation.
Leading the way are Glasgow Caledonian's 'Cali Construction' and 'RMHS' GCal won in 2015 and were runners up in 2014 so if they are to improve on their record they need to be both winners and runners up! They've made a start but there is a long way to go and there will be great turbulence in the rank order of places, so leaders will not be known till the last round , not the first.
Bond's 'Bond Agents' are 3rd, Deakins' 'AGBA' are 4th, Uni. of Nottingham, Malaysia's Rotefada are 5th and South Devon College's 'Adedifico' are 6th. So these are the teams to chase.
Just outside the top six are Oxford Brookes' 'OB-one', Loughborough's 'Team Poseidon', Cape Town's 'Prestige Worldwide' and HK City U's 'Build Gates'.
These are the chasing pack but at this stage even the lowest ranked team can catch up.
Good luck to all
Period 5 results
Preliminary results, subject to change. (Teams with a negative % have requested late submission or have been asked to resubmit)
Top 10
Team's improvement