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Books > Business & Economics > Industry & industrial studies > Construction & heavy industry > Construction industry
Only 43 per cent of U.S. construction firms remain in business after four years. Why? Inadequate management, according to the U.S. Small Business Administration. This is surprising because most construction firms are formed by ambitious construction project managers, executives and tradesmen who have excelled at what they have been doing. But as experienced as these entrepreneurs may be, they are not likely prepared to take on the full range of responsibilities forced on them in managing the business of construction in its entirety. While this business failure rate and its causes are based on U.S. experience, available data from a number of other industrialized countries shows they are similar. This book describes in detail what the business side of the construction equation requires of the construction firm owner. The contractor who quickly learns these requirements can identify and avoid or manage around the pitfalls that cause the high failure rate in our industry and put his or her construction firm on a level playing field with the best-run companies in the business. The detailed duties of the owner, whether in the U.S., U.K., Australia or Canada, are a common theme throughout the book. The author, Nick Ganaway, speaks peer-to-peer, and the book is sprinkled with supporting examples from his own experience. He is immersed in the industry and this book is "based on the things I've learned, used, and refined as a light-commercial general contractor in the course of starting and operating my own construction firm for 25 years." The contractor doing $5 million or $50 million or more in annual sales or the equivalent amount in other countries, or the entrepreneur who is just starting up, can use the tried and proven material in this book to build a business that is profitable, enjoyable, and enduring. Additionally, the book devotes a chapter to specializing in chain-store construction.
This book provides comprehensive coverage of issues that facility managers in the property industry need to understand and apply in the pursuit of value for money over the life span of built facilities. The authors introduce the fast-growing discipline of facility management, examine the core competencies that facility managers should possess and study different contemporary drivers of change. The book emphasises the need to consider facilities management issues at the pre-design stage of the construction process, rather than only when the building is completed, in order to maximise value for money.
CONSTRUCTION MICROECONOMICS Unique and comprehensive reference describing microeconomic approaches, theories, and models adapted to and developed for the construction industry Construction Microeconomics provides comprehensive coverage of microeconomics applied to the construction industry, focusing on construction clients, who initiate construction projects, and on contractors who transform the ideas and plans of clients into infrastructure and buildings. With the help of microeconomic theory, it tries to answer questions about decision-making by clients, contractors, and governments with respect to projects in the built environment. It includes discussions of alternative theories to mainstream microeconomics, such as new institutional economics, behavioral economics, and the capability approach. Applications from the construction sector including land supply, sustainability, industrialization, and lean construction are provided to ground the theory in practical construction. In Construction Microeconomics, readers will learn: How microeconomic theory relies heavily on assumptions for modeling and the nuances of adjusting those assumptions How heterogenous contract goods affect supply and demand, markets, information, technology, and accordingly, the theories of contractors and owners How interaction influences the production process and how land as a production factor changes the production function How ex-ante costs determine the cost theory of the contractor and why contracting is more akin to the service sector than the goods sector Advanced undergraduate and masters students, lecturers and academics in -construction and related disciplines, and professionals in the construction industry looking for expert analysis into a unique facet of the field will find Construction Microeconomics to be a valuable, complete, and authoritative reference on the subject.
The financing of modern construction projects reflects the need to address the costs and benefits of the whole life of the project. This means that end of life economics can now have a far greater impact on the planning and feasibility phases. During the project itself, decisions on construction materials and processes all influence the schedule as well as both immediate and down-the-line costs. Massimo Pica and his co-authors explain in detail the fundamentals of project life cycle economics and how they apply in the context of complex modern construction. This is an essential guide for those involved in construction project design, tendering and contracting; to help ensure the sustainability of the project or their contribution to it, from the start. It is also important for those involved in the delivery of the project to help them make the choices to keep the project on a financial even keel. Government, corporations and other organizations are looking for new models of collaborative working to fund their large construction and infrastructure projects in the face of changing attitudes to risk; a better educated and more demanding base of end-user clients and the increasing requirements for projects that are environmentally responsible and sustainable. Project Life Cycle Economics is a fundamental primer for those commissioning and those delivering construction.
Over the last ten years public private partnerships have become ever more popular worldwide, expanding the body of experience among construction professionals, government agencies, and industry. In these economically challenging times, PPP has emerged as a crucial framework for providing infrastructure, and also to boost construction industry activity, while shielding the taxpayer from some of the cost. Understanding the lessons learnt is essential to ensuring the success of future projects, and this timely book will prepare the reader to do just that. Starting by defining PPP itself, part one is designed to help the novice to get to grips with the basics of this topic. Part two tackles the practicalities of PPPs, including successful implementation, managing the risks involved, and how to assess the suitability of a project for the PPP route. Part three presents detailed case studies from Asia, Africa, and Australia to illustrate how PPPs should be managed, how problems emerge, and how PPPs can differ across the world. Drawing on extensive internationally conducted research, from both industry and academia, the authors have written the essential PPP guide. Taking into consideration the perspectives of those in the public sector and the private sector, as well as built environment professionals, it is essential reading for anyone preparing to work on public private partnerships in construction.
Only 43 per cent of U.S. construction firms remain in business
after four years. Why? Inadequate management, according to the U.S.
Small Business Administration. This is surprising because most
construction firms are formed by ambitious construction project
managers, executives and tradesmen who have excelled at what they
have been doing. But as experienced as these entrepreneurs may be,
they are not likely prepared to take on the full range of
responsibilities forced on them in managing the business of
construction in its entirety.
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.
• Develops a framework and model for understanding the major causes of workplace health and safety problems in the construction • Provides practical guidance on how Building Information Modelling can be implemented and used to reduce occupational accidents in the industry
Most construction projects are large and costly. Collaborative
working involves two or more stakeholders sharing their efforts and
resources to complete the project more effectively and
efficiently.
Collaborative, integrative and multi-disciplinary teams can
tackle the complex issues involved in creating a viable built
environment. This tends to be looked at from three interrelated
perspectives: the technological, organizational, and social; and of
these the key issue is to improve productivity and enable
innovation through the empowerment and motivation of people.
This book provides insights for researchers and practitioners in the building and construction industry as well as graduate students, written by an international group of leading scholars and professionals into the potential use, development and limitations of current collaborative technologies and practices. Material is grouped into the themes of advanced technologies for collaborative working, virtual prototyping in design and construction, building information modelling, managing the collaborative processes, and human issues in collaborative working.
* Presents research aimed at helping the construction industry benchmark against Sustainable development Goal 8 - Decent Work and Economic Growth
Mounting emphasis on construction supply chain management (CSCM) is due to both global sourcing of materials and a shortage of labor. These factors force increasing amounts of value-added work to be conducted off-site deep in the supply chain. Construction Supply Chain Management Handbook compiles in one comprehensive source an overview of the diverse research and examples of construction supply chain practice around the world. Reflecting the emergence of CSCM as an important area of multi-national research and practice, this volume takes an interdisciplinary perspective with contributions from leading international authors in three major areas: production and operations analysis, organizational perspectives, and information technology. The book begins with a survey of the current literature on modeling construction supply chain production and describes a set of approaches and methods for designing and operating project supply chains with references to design and materials production. It provides the basic framework for understanding the challenges and approaches to representing and improving supply chain performance. The next section recognizes the importance of considering arrangements between the different firms involved in designing, procuring, and assembling construction, and reviews various perspectives to understanding and improving organizational issues in the supply chain. The final section provides an overview of a range of information technologies that can contribute to supply chain performance, as well as examples of effective use. The organization and sourcing of materials is increasingly complex across the global construction industry. Construction clients are demanding faster, more responsive construction processes and higher quality facilities. This volume provides an invaluable resource to understanding the implications of supply chain management, which is sure to result in more effective construction project execution.
This book covers a wide range of topics relating to the health and wellbeing of the construction workforce. Based on more than a decade of work examining various aspects of workers' health and wellbeing, the book addresses a key topic in construction management: how the design of work environments, construction processes and organisation of work impact upon construction workers' physical and psychological health. Occupational health is a significant problem for the construction industry. However, the subject of health is usually treated as an afterthought in other books which emphasise safety issues. Traditional management approaches (focused on the prevention of accidents and injuries) are arguably ill-suited to addressing issues of workers' health and wellbeing. The evidenced informed approach in this book provides a rich analysis of how construction workers' health and wellbeing are impacted by working in the construction industry, and critical information about how organisations (and decision-makers within them) can create workplaces and practices that are supportive and enable construction workers to maintain healthy and productive working lives. Including chapter summaries and discussion questions to encourage student readers to reflect on and formulate their own viewpoints about the issues raised in each chapter, the book has the potential to be used as a textbook in undergraduate or postgraduate occupational health and safety, or construction management courses dealing with occupational health and safety. It could also be used as supplementary, recommended reading in undergraduate or postgraduate programs in architecture, engineering or management.
Innovation in Small Construction Firms promotes the benefits of innovation, and stimulate innovation capability within and between small and medium sized (SMEs) construction firms in an effort to bring in a new 'can innovate, should innovate, want to innovate' culture to the construction industry. Presenting new theoretical and practical insights and models grounded in descriptive case studies, the issues addressed include: what is the motivation to innovate? what is appropriate innovation? how can small construction firms create, manage and exploit innovation? what practice-based models, tools and techniques support the capability of small construction firms to innovate well? how does this fit in the context of leading international work in construction innovation? Findings are contextualised in the broader literature to make them of relevance to policy makers, practitioners and researchers interested in small, project-based firms in general.
This book seeks to critically engage with emerging issues and debates within the construction industry, but from the perspective of developing economies. Themes such as the 4th industrial revolution, management of pandemics, sustainability, diversity and inclusion, collaboration, skills development, and behavioural studies are at the cutting edge of research and development in developed countries, however, they remain problematic for industries and environments which are yet to understand the emerging growth patterns of their economies. The successful integration and diffusion of these themes into developing nations' environments and cultures must be synchronized with their current developmental agenda. By acknowledging and understanding the difficulty and diversity of construction administrations that exist in different countries, this book can help construction professionals in developing countries to adopt technologies, policies and products which are proving successful in developed nations. Useful reading for researchers and practitioners in both developed and developing countries alike, this book gives an insight and understanding of emerging areas in developing countries.
Keeping historic buildings in good repair and, where possible, in use, is the key to their preservation. Owners of listed buildings are under no statutory obligation to maintain their property in a good state of repair, although it is in their interests to do so. Local authorities can, however, take action to secure repair when it becomes evident that a building is being allowed to deteriorate. Urgent Works Notices, Repairs Notices and Section 215 Notices can be very effective tools to help secure the preservation of historic buildings. This guidance is designed to help local authorities make effective use of these powers. It provides step-by-step advice on the use of the main procedures and includes case studies and a selection of specimen letters, notices, schedules and agreements. Samples of these are available to download at the bottom of this page for local authorities wishing to edit them for their own use.
• Major overhaul and restructure since previous edition • New coverage of hot topics including ethics, modern slavery and digital construction
Brickwork Level 3 has been adapted from John Hodge's classic Brickwork for Apprentices - the established textbook on brickwork for bricklayers. Designed to meet new requirements of the City and Guilds bricklaying programmes this book has been written to match the latest industry-based requirements and technical developments in the field, including recent changes to the Building Regulations. Each chapter follows the syllabus and contains a section of multiple-choice questions to provide trainees with vital practice for the job knowledge and multiple-choice tests. Highly illustrated throughout and now in full colour, this is the essential reference for qualified bricklayers and other professionals working in the construction industry, as well as students wishing to embark on a career in bricklaying. There is also the facility to access the Support Material on the Routledge website, which includes: PowerPoint slides for each chapter Lesson plans and schemes of work Multiple-choice questions and answers Job knowledge questions and answers Practical drawings and mark sheets
Management of Construction introduces all aspects of management practice to students and professionals based in the construction industry. It is also important for those involved in allied fields such as design, project development, and site monitoring and inspection. The book addresses each stage of the construction project from conception to completion, giving a perspective on the whole life cycle often missing from textbooks. The author also balances engineering concerns with the human resource and personal aspects of construction management that are so important to the successful outcome of a project. Structured on the project life cycle Covers design-build, build-own-operate-transfer, and construction management Discusses environmental issues important in today's construction practice
* Uniquely cover sustainable construction and regenerative construction from the construction project manager's perspective, not the building designer * Links construction to the UN SDGs * Easy to follow structure makes it ideal for use in undergraduate programmes in construction, architecture and engineering
The need for quality assurance in construction is now widely accepted. As a result, pressure is currently being applied to contractors and those offering professional services to demonstrate QA capability prior to commission. This book, written by experts in the field of quality management, shows how construction companies can effectively apply QA within their own organization. It pinpoints the real benefits to be gained from developing well-structured systems and offers practical guidance on implementation techniques. Inevitably, quality management standards play an important role in helping to define the requirements of any QA system. With this in mind the authors provide a detailed analysis of ISO 9000 - 1994 and its implementation. The text is complemented by numerous diagrams and examples and is essential reading for all construction professionals concerned with quality.
This book provides an introduction to fuzzy logic and surveys emerging research trends and the application of state-of-the-art fuzzy hybrid computing techniques in the field of construction engineering and management. Authors cover the theory and implementation of fuzzy hybrid computing methodologies for arithmetic, optimization, machine learning, multi-criteria decision-making, simulation, cognitive maps and data modelling. The practical application of these techniques to solve real-world problems across a wide range of construction engineering and management issues is also demonstrated and discussed. The completion of effectively planned, executed and controlled construction projects is dependent on numerous interacting factors and human activities, both of which introduce vagueness and subjective uncertainty into already complex processes. While expert knowledge is an essential component of effective decision-making, analysis and consideration of expert knowledge expressed in linguistic terms remains a challenging aspect of construction engineering and management. Fuzzy logic, which has applications in many disciplines, has the potential to address certain challenges inherent in construction engineering and management, in part because of its strengths in modelling human reasoning, dealing with subjective uncertainty and computing with linguistic terms. However, fuzzy logic alone has a number of limitations that can only be overcome by its integration with other, complementary methodologies, together leading to advanced and powerful fuzzy hybrid computing techniques. This book is of particular interest to students, researchers and practitioners who want to learn about the latest developments in fuzzy hybrid computing in construction engineering and management.
This is the first book to place continuous improvement at the heart of construction cost management Covers theoretical background, before presenting real practical tools to improve construction costs Includes international case studies |
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