Finance. and. Control. for. Construction. In a climate where margins are tight and profitability depends absolutely on successful financial management, it is crucial that managers in the construction industry are aware of the way ...
Author: Chris March
Drawing on a wealth of practical experience, both in the construction industry and teaching students, Chris March presents this study of construction management and the major aspects of controlling the building process. Covering the stages from the client's initiation, to the final handover of the building, March includes evidence from those currently working in the industry, and covers the key industry requirements: knowing that in today's market place, those entering the field must be aware of how projects are financed and controlled, and to financially run and maintain a building. Finance and Control for Construction examines the various stages, from development, through the design, to procurement and post-contract processes, and culminates in a discourse on facilities management. This book is written with a down-to-earth approach, with evidence supporting theories and principles, and is a book that students of construction management and related subjects need if they wish to succeed in the field.
This authoritative text provides a detailed insight into how construction companies manage their finances at both corporate and project level.
Author: Andrew Ross
Publisher: John Wiley & Sons
Category: Technology & Engineering
"This textbook provides a general introduction to costing and budgeting for construction but in particular it covers CVRs. There is a wide range of approaches to preparing these reports and, without being over-prescriptive, the authors provide a useful framework for students by giving an outline of the key requirements, together with an evaluation of the alternatives"--
This book's unique practical approach focuses on the activities of the construction management team, including the project manager, superintendent, project engineer, and jobsite cost engineers and cost accountants.
Author: Len Holm
Proper cost accounting and financial management are essential elements of any successful construction job, and therefore make up essential skills for construction project managers and project engineers. Many textbooks on the market focus on the theoretical principles of accounting and finance required for head office staff like the chief financial officer (CFO) of a construction firm. This book's unique practical approach focuses on the activities of the construction management team, including the project manager, superintendent, project engineer, and jobsite cost engineers and cost accountants. In short, this book provides a seamless connection between cost accounting and construction project management from the construction management practitioner’s perspective. Following a complete accounting cycle, from the original estimate through cost controls to financial close-out, the book makes use of one commercial construction project case study throughout. It covers key topics like financial statements, ratios, cost control, earned value, equipment depreciation, cash flow, and pay requests. But unlike other texts, this book also covers additional financial responsibilities such as cost estimates, change orders, and project close-out. Also included are more advanced accounting and financial topics such as supply chain management, activity-based accounting, lean construction techniques, taxes, and the developer’s pro forma. Each chapter contains review questions and applied exercises and the book is supplemented with an eResource with instructor manual, estimates and schedules, further cases and figures from the book. This textbook is ideal for use in all cost accounting and financial management classes on both undergraduate and graduate level construction management or construction engineering programs.
In other words value engineering (Finance and Control for Construction, Chapter 7). In traditional procurement this was normally carried out by the design team, but to comply with this clause, it is necessary to bring others into this ...
Author: Chris March
Students studying construction management and related subjects need to have a broad understanding of the major aspects of controlling the building processes. Operations Management for Construction is one of three textbooks (Business Organisation, Operations Management and Finance Control) written to systematically cover the field. Focusing on construction sites and operations which are challenging to run, Chris March explores issues such as the setting up of the site, the deciding of the methodology of construction, and the sequence of work and resourcing. As changing and increasing regulations affect the way sites are managed, he also considers the issues and methods of successful administering, safety, quality and environment. Finally, the contractor’s responsibility to the environment, including relationships with third parties, selection of materials, waste management and sustainability is discussed. Chris March has a wealth of practical experience in the construction industry, as well as considerable experience of teaching, which he uses to support the theory and principles set out in the book.
Risk Management, 42 (1), pp. 12–17. BSI (2000) BS EN 12973:2000 Value Management. London. British Standards Institute. Burtonshaw-Gunn, S.A. (2009) Risk and Financial Management in Construction. Farnham: Gower Publishing Ltd. Designing ...
Author: Anthony Higham
Publisher: Taylor & Francis
The world of construction is intrinsically linked with that of finance, from the procurement and tendering stage of projects right through to valuation of buildings. In addition to this, things like administrations, liquidations, mergers, take-overs, buy-outs and floatations affect construction firms as they do all other companies. This book is a rare explanation of common construction management activities from a financial point of view. While the practical side of the industry is illustrated here with case studies, the authors also take the time to build up an understanding of balance sheets and P&L accounts before explaining how common tasks like estimating or valuation work from this perspective. Readers of this book will not only learn how to carry out the tasks of a construction cost manager, quantity surveyor or estimator, they will also understand the financial logic behind them, and the motivations that drive senior management. This is an essential book for students of quantity surveying or construction management, and all ambitious practitioners.
Author: Management Association, Information ResourcesPublish On: 2016-01-31
Effective planning and control of large projects – Using work breakdown structure. ... Developing construction assistant experience management system using people-based maps. ... Finance and control for construction.
Author: Management Association, Information Resources
Publisher: IGI Global
Category: Technology & Engineering
Civil and environmental engineers work together to develop, build, and maintain the man-made and natural environments that make up the infrastructures and ecosystems in which we live and thrive. Civil and Environmental Engineering: Concepts, Methodologies, Tools, and Applications is a comprehensive multi-volume publication showcasing the best research on topics pertaining to road design, building maintenance and construction, transportation, earthquake engineering, waste and pollution management, and water resources management and engineering. Through its broad and extensive coverage on a variety of crucial concepts in the field of civil engineering, and its subfield of environmental engineering, this multi-volume work is an essential addition to the library collections of academic and government institutions and appropriately meets the research needs of engineers, environmental specialists, researchers, and graduate-level students.
This permits the construction work to commence earlier, but financial control can be less accurate than with a full B of Q. 11.2 Design and build This is usually a competitive process, but can be by negotiation.
Author: Chris March
Publisher: Taylor & Francis
Construction Management: Theory and Practice is a comprehensive textbook for budding construction managers. The range of coverage makes the book essential reading for students studying management courses in all construction related disciplines and ideal reading for those with non-cognate degrees studying construction management masters courses, giving them a broad base of understanding about the industry. Part I outlines the main industry players and their roles in relation to the Construction Manager. Part II covers management theory, leadership and team working strategies. Part III details financial aspects including: sources of finance, appraisal and estimating, construction economics, whole life costing and life cycle analysis, bidding and tendering as well as procurement methods, types of contracts and project costing. Part IV covers construction operations management and issues such as supply chain management, health and safety, waste, quality and environmental management. Part V covers issues such as marketing, strategy, HRM, health, stress and well-being. Part VI concludes the book with reflections on the future of the industry in relation to the environment and sustainability and the role of the industry and its managers. The book keeps the discussion of current hot topics such as building information modelling (BIM), sustainability, and health and well-being included throughout and is packed with useful figures, tables and case studies from industry.
Author: Great Britain. Ministry of MunitionsPublish On: 1922
A short time afterwards two appointments were made , one of which strengthened the Ministry's financial control over the construction of national factories , while the other transferred to it some of the functions recently undertaken by ...
Author: United States. Congress. House. Committee on Appropriations. Subcommittee on HUD-Independent AgenciesPublish On: 1975
Housing policies ( including finance and management ) , construction technology and regional growth policies and new town development . The Swedish Government has expressed interest in urban renewal policies , industrialized building ...
Author: United States. Congress. House. Committee on Appropriations. Subcommittee on HUD-Independent Agencies
Author: United States. Congress. Senate. Appropriations CommitteePublish On: 1975
Housing policies ( including finance and management ) , construction technology and regional growth policies and new ... States and France in several scientific and technical areas including building technology and urban environment .
Author: United States. Congress. Senate. Appropriations Committee