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As is usual with Period 6, there have been some stormy movements in the leader board. 'TEAM 3' from AtkinsRéalis Ireland and 'Cant Engineer Group (CEG)' take on the top 2 spots, after 'Construction Cheetahs' (AtkinsRéalis India) slip to third.
As the teams settle into their strategies, its important to remember that their are many decisions to get right. Make sure that you make enough estimating effort to give an estimate you can have confidence in. If you're not winning your bids it's because you're not competitive, your margins may be too ambitions but these need to be added to a sound estimate. If the estimate isn't sound it may be too high and uncompetitive, it may be too low and unrealistic, so you need adequate estimating effort. Also watch the relationship between turnover and capital. If your turnover is low your capital isn't working hard enough. There may be better things you can do with your capital.
Who will best traverse the storm is anyone's guess, as it's still wide open.
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The 34th edition of MERIT has launched, as construction organisations from around the globe field their best and brightest in the race to become MERIT 2024 Champions.
The hours of trialling and discussions on strategy will now come in to play as the next 7 weeks see risers and fallers in the overall league table.
AtkinsRéalis India's 'Construction Cheetahs' are the early pacemakers with an emphatic 39% rise in performance, giving them pole position on a score of 1386. TEAM 3 (AtkinsRéalis Ireland) enter in second place, followed by 'Cant Engineer Group (CEG)' in third, and 'Digbeth Drip Detectives' (AtkinsRéalis) in fourth.
However this is just the start of the process and there is still lots of time to review your position, refine your tactics, and consolidate your momentum, without going too fast too soon!
Looking forward to next week!
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'GMWP Ltd' from the University of Leeds have fought off tough competition to become the MERIT University Tournament 2024 Champions.
They dug in and held on, achieving the win, even though their share price was only 0.15, ranking them fourth in the share price list. They were sixth in the final round of the Early Years Phase and clearly coped well with the increased competition of the final.
Coming second were SWOLE (National University of Singapore). Consistent throughtout the game, and top in share price with 0.22 at the end of the game.
Third Chai Dragons (University of Manchester). Holding the lead coming into and for much of the Final, their strategy did not quite cope with the increased competition of the Final Years. Fourth were Prasinos Aegis ( Uni of Manchester) , third in the Final Round of the Early Phase. Fifth were Task Force 141 ( Glasgow Cal. Uni). GCU were last years winners but fell well behind in the final rounds.
William Martin, Conáran Patton, Riku Gega and Anton Whitehead the team members of the winning team 'GMWP Ltd', share the £2000 cash prize.
Congratulations to all the Finalists, and all those that took part in the MERIT University Tournament 2024.