TIME IS running out for taking part in the Merit 2004 construction management competition.
The computer-based challenge involves running a virtual construction company in a 150strong league table.
Merit (Management, Enterprise, Risk, Innovation and Teamwork) is supported by the ICE, the Construction Industry Training Board, Loughborough University, Balfour Beatty and Mouchel Parkman.
Teams of up to six members need to register by 23 January to take part in this year's competition at a cost of £475 per team.
Participants will make decisions every week on which jobs to tender for and how to allocate capital against other aspects of the business, such as marketing and personnel.
The competition is open to all construction professionals and contributes to three CPD days.
Developed in the early 1980s, the event has grown over the years and now attracts more than 900 participants, including some from as far afield as Hong Kong and New Zealand.
The competition takes place between now and March and the top six teams will battle it out in a two day final in April.