The Author is a Chartered Surveyor and Arbitrator and has been in the Quantity Surveying field for the last 40 years. The book deals with construction irregularities, frauds and the necessity for Technical Auditing of construction projects. The construction industry is huge expanding and expected to reach in excess of US $ 12 Trillion by 2020. The bulk of this amounts shall come from emerging markets and from public money. Still Construction Auditing is practically performed by Accountants in all parts of the world. The Author feels that this should be done by Engineers with proper training and accreditation.Further, the Author feels that there is a necessity to spend at least one dollar for auditing for every thousand dollars spent to see whether the money is spent wisely.This is very important in case of public money. The construction industry as a whole is infested with irregularities and frauds and so much so that the estimated loss is around 10%, which shall reach in excess of US $ one Trillion by 2020.To put in context, the combined GDPs of Saudi Arabia and South Africa. If the existing internal and external auditing system does not bring in 0.5%(1/20 of the estimated waste) as savings on a regular basis, then it can be safely assumed that the system needs modifications or complete overhaul. The book deals with basic guide lines for Technical Auditing of construction to bring in savings.This also gives a set of proposals for future improvements of the existing system and the same can be used in developing counries or modified to suit each country's requirements.

The book shall be of immense use for young Engineers who may wish to have interesting and rewarding careers as Cost Engineer, Quantity Surveyor, Technical Auditor in the Construction Industry. It is mostly directed at Engineering professionals, can also be useful to have insight of the construction industry for small and medium size Contractors and individual clients who intend to build up their own villas. I also feel that it would be of immense help to young Engineers who seek careers in the construction industry, particularly in China, India, Middle East where Cost Engineering has not developed like say countries such as United Kingdom & Australia where many university offer degree Courses in Quantity Surveying and related fields. There is another professional case to publish this book. The Author has to make explanation/substantiations for two issues given below. a) Once the Author made a presentation on the topic "Construction as an Option to international Investors ( published in Building Economics-AIQS Dec.2011) and made a statement that in such cases the Quantity Surveyors can work as advisors to them and earn in excess of US $ 100,000/= a week. Some Quantity Surveyors were sceptical or couldn't comprehend and it became joke to them. The chapter on Tender Adjudication and Post- Tender negotiations answers this. b) The author made another point that if someone could do Technical Auditing of a big project that would be enough for his entire life and quoted a Lawyer in Sri Lanka in the 1960's who did only one case in his whole career. He earned so much that he never sited the Courts for rest of his life. Again, some people were sceptical, couldn't comprehend. The case studies given under Construction Frauds shall give an indication regarding the possibilities of the amount of savings in Technical Auditing.

The book shall be of immense use for young Engineers who may wish to have interesting and rewarding careers as Cost Engineer, Quantity Surveyor, Technical Auditor in the Construction Industry. It is mostly directed at Engineering professionals, can also be useful to have insight of the construction industry for small and medium size Contractors and individual clients who intend to build up their own villas. I also feel that it would be of immense help to young Engineers who seek careers in the construction industry, particularly in China, India, Middle East where Cost Engineering has not developed like say countries such as United Kingdom & Australia where many university offer degree Courses in Quantity Surveying and related fields. There is another professional case to publish this book. The Author has to make explanation/substantiations for two issues given below. a) Once the Author made a presentation on the topic "Construction as an Option to international Investors ( published in Building Economics-AIQS Dec.2011) and made a statement that in such cases the Quantity Surveyors can work as advisors to them and earn in excess of US $ 100,000/= a week. Some Quantity Surveyors were sceptical or couldn't comprehend and it became joke to them. The chapter on Tender Adjudication and Post- Tender negotiations answers this. b) The author made another point that if someone could do Technical Auditing of a big project that would be enough for his entire life and quoted a Lawyer in Sri Lanka in the 1960's who did only one case in his whole career. He earned so much that he never sited the Courts for rest of his life. Again, some people were sceptical, couldn't comprehend. The case studies given under Construction Frauds shall give an indication regarding the possibilities of the amount of savings in Technical Auditing.

The Author is a Chartered Surveyor and Arbitrator and has been in the Quantity Surveying field for the last 40 years. The book deals with construction irregularities, frauds and the necessity for Technical Auditing of construction projects. The construction industry is huge expanding and expected to reach in excess of US $ 12 Trillion by 2020. The bulk of this amounts shall come from emerging markets and from public money. Still Construction Auditing is practically performed by Accountants in all parts of the world. The Author feels that this should be done by Engineers with proper training and accreditation.Further, the Author feels that there is a necessity to spend at least one dollar for auditing for every thousand dollars spent to see whether the money is spent wisely.This is very important in case of public money. The construction industry as a whole is infested with irregularities and frauds and so much so that the estimated loss is around 10%, which shall reach in excess of US $ one Trillion by 2020.To put in context, the combined GDPs of Saudi Arabia and South Africa. If the existing internal and external auditing system does not bring in 0.5%(1/20 of the estimated waste) as savings on a regular basis, then it can be safely assumed that the system needs modifications or complete overhaul. The book deals with basic guide lines for Technical Auditing of construction to bring in savings.This also gives a set of proposals for future improvements of the existing system and the same can be used in developing counries or modified to suit each country's requirements.