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This third book from editors Rick Best and Jim Meikle brings together and presents insights into a number of key concepts in the study of construction firms, projects and the group of activities that loosely define the construction industry. The value for readers comes from the collection of a variety of topics in a single volume, which provide a basic understanding of the complexities of construction as more than a set of practical concerns such as labour management and materials handling. Instead, the focus is on analysis of the industry and its component parts from the viewpoints of construction economists and others seeking to understand the drivers and challenges that shape an area of economic activity that is a major contributor in all economies. The aim of this book is to provide an overview and discussion of several aspects of what makes construction tick. It is unlike other industry sectors in many ways, being project-based with often intense competition for work. Where the first book, Measuring Construction, focused on particular areas associated with quantifying various aspects of construction activity and the second, Accounting for Construction, looked more at how we record and report on construction activity, Describing Construction gives readers the views of experts in the field of how the construction industry is described, what its make-up is, it even asks the question: is construction a single industry? This book will change the way most readers understand the 'construction industry', whatever that may be, not from the point of view of visible on-site activities, but through a scientific approach to analysis and understanding of how projects, firms and various sectors of the industry work and how things are changing and may continue to change in future. It is essential reading for students and researchers in construction management, quantity surveying, architecture and engineering.
Despite the size, complexity and importance of the construction industry, there has been little study to date which focuses on the challenge of drawing reliable conclusions from the available data. The accuracy of industry reports has an impact on government policy, the direction and outcomes of research and the practices of construction firms, so confusion in this area can have far reaching consequences. In response to this, Measuring Construction looks at fundamental economic theories and concepts with respect to the construction industry, and explains their merits and shortcomings, sometimes by looking at real life examples. Drawing on current research the contributors tackle: industry performance productivity measurement construction in national accounts comparing international construction costs and prices comparing international productivity The scope of the book is international, using data and publications from four continents, and tackling head on the difficulties arising from measuring construction. By addressing problems that arise everywhere from individual project documentation, right up to national industrial accounts, this much-needed book can have an impact at every level of the industry. It is essential reading for postgraduate construction students and researchers, students of industrial economics, construction economists and policy-makers.
Accounting for Construction follows on from Measuring Construction, edited by the same team. It extends the coverage of some of the material in the first volume and expands the range of related topics to include, inter alia, shadow economies, accounting for informal construction and the treatment of the built environment sector in national accounts. Taken together, the two volumes collate a range of topics that are only addressed, if addressed at all, in occasional academic papers and the publications of bodies such as national statistical offices and the World Bank. Accounting for Construction presents international examples from the UK, Australia and New Zealand and from both academic and professional contributors. This book is essential reading for all researchers and professionals interested in construction economics, construction management, and anyone interested in how the construction industry affects the global economy in ways previously under-represented in the literature.
Accounting for Construction follows on from Measuring Construction, edited by the same team. It extends the coverage of some of the material in the first volume and expands the range of related topics to include, inter alia, shadow economies, accounting for informal construction and the treatment of the built environment sector in national accounts. Taken together, the two volumes collate a range of topics that are only addressed, if addressed at all, in occasional academic papers and the publications of bodies such as national statistical offices and the World Bank. Accounting for Construction presents international examples from the UK, Australia and New Zealand and from both academic and professional contributors. This book is essential reading for all researchers and professionals interested in construction economics, construction management, and anyone interested in how the construction industry affects the global economy in ways previously under-represented in the literature.
Despite the complexity of the construction industry, there has been little study to date which focuses on the challenge of drawing accurate conclusions from the available data. The accuracy of industry reports has an impact on government policy, the direction and outcomes of research, and the practices of construction firms, so confusion in this area can have far reaching consequences. In response to this, "Measuring Construction" evaluates fundamental economic theories and concepts with respect to the construction industry, and explains how to avoid pitfalls by looking at real life examples. Drawing on current research carried out specifically for this study, the contributors tackle:
The scope of the book is fully international, examining data and publications from four continents, and tackling head on the difficulties arising from international comparisons. By addressing problems that arise everywhere from individual project documentation, right up to national industrial accounts, this much-needed book can have an impact at every level of the industry. Essential reading for postgraduate construction students and researchers, students of industrial economics, construction economists, and policy-makers.
Thinking Big: A History of Davis Langdon provides a history of one of the world's largest quantity surveying companies. They have been involved in the rebuilding of Ground Zero, Chek Lap Kok, the Cooper Union for the Advancement of Science and Art in New York and the Millennium Dome in London, amongst thousands of other projects around the world. Thinking Big is complete with illustrations of projects and details the working of this global multi-million dollar corporation and their impact on some of the most exciting buildings of the last century. Organised around seven chapters that cover different elements of the company's history in detail and written by a senior partner of the company, Thinking Big provides details of the company's foundation in the early years of the twentieth century, through the difficult years of the depression, to the firm's growth in the 1930s and its international expansion in the post-war years. The book discusses the turbulent period of the 1970s and its leading to a merger and growth of new markets in the 1980s. Thinking Big outlines the company's survival during the recession through to its increasing growth and diversification in the new millennium. The book goes on to look at the new challenges the company faces, including sustainability and the current economic crisis.
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