Commercial Management In Construction

Author : Ian Walker
Publisher : Wiley-Blackwell
ISBN 13 : 9780632058273
Total Pages : 192 pages
Book Rating : 4.77/5 ( download)

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Download or read book Commercial Management in Construction written by Ian Walker and published by Wiley-Blackwell. This book was released on 2002-09-10 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook covers all the practices and procedures the quantity surveyor working in a contractor's office needs to know - from budgets and forecasts to cost-value comparisons and partnering. By giving a thorough account of the commercial aspects of the work of the contractor's QS, the book offers a useful insight into their day-to-day work, with plenty of sample documents, worked examples and extracts from the standard contracts. This is a practical manual but it also helps develop an understanding of the theory underpinning current practice. As the QS role becomes more complex, commercial managers wanting to maximise profitability will find the sound advice given here invaluable as it: ? demonstrates tried-and-tested best practice through practical examples ? provides a good grounding in financial management and cost analysis ? describes the need for benchmarking, the benefits of setting targets and the use of key performance indicators (KPI's) as a means of increasing project and company performance ? highlights the benefits of teamworking.

Author : David Lowe
Publisher : John Wiley & Sons
ISBN 13 : 1405171898
Total Pages : 480 pages
Book Rating : 4.92/5 ( download)

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Download or read book Commercial Management of Projects written by David Lowe and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book to establish a theoretical framework forcommercial management. It argues that managing the contractual andcommercial issues of projects – from project inception tocompletion – is vital in linking operations at the projectlevel and the multiple projects (portfolios/ programmes) level tothe corporate core of a company. The book focuses on commercial management within the context ofproject oriented organisations, for example: aerospace,construction, IT, pharmaceutical and telecommunications – inthe private and public sectors. By bringing together contributionsfrom leading researchers and practitioners in commercialmanagement, it presents the state-of-the-art in commercialmanagement covering both current research and best practice. Commercial Management of Projects: defining thediscipline covers the external milieu (competition,culture, procurement systems); the corporate milieu(corporate governance, strategy, marketing, trust, outsourcing);the projects milieu (management of uncertainty, conflictmanagement and dispute resolution, performance measurement, valuemanagement); and the project milieu (project governance,contract management, bidding, purchasing, logistics and supply,cost value reconciliation). Collectively the chapters constitute a step towards the creationof a body of knowledge and a research agenda for commercialmanagement.

Author : David Lowe
Publisher : John Wiley & Sons
ISBN 13 : 1118486129
Total Pages : 533 pages
Book Rating : 4.22/5 ( download)

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Download or read book Commercial Management written by David Lowe and published by John Wiley & Sons. This book was released on 2013-05-31 with total page 533 pages. Available in PDF, EPUB and Kindle. Book excerpt: Commercial Management: theory and practice defines the role of commercial management within project-oriented organisations, providing a framework for and helping to develop a critical understanding of the factors that influence commercial management practice. It also identifies generic aspects of this practice and provides a theoretical foundation to these activities, by reference to existing and emergent theories and concepts, as well as to relevant management best practice. The book is structured into four parts: Part 1 Introduction – Commercial Management in Project Environments explores the nature of commercial practice within project-oriented organisations at the buyer-seller interface. It presents a Commercial Management framework, which illustrates the multiple interactions and connections between the purchaser‘s procurement cycle and a supplier‘s bidding and implementation cycles. Additionally, it outlines the principle activities undertaken by the commercial function, identifies the skills and abilities that support these activities and reviews the theories and concepts that underpin commercial practice. Finally, it identifies areas of commonality of practice with other functions found within project-oriented organisations, plus sources of potential conflict and misunderstanding. Part 2 – Elements of Commercial Theory and Practice covers commercial leadership; exploring strategy; risk and uncertainty management; financial decision-making; and key legal issues. Part 3 – Approaches to Commercial Practice addresses best practice management; and commercial and contracting strategies and tactics. Finally, Part 4 – Case Studies offers two extended case studies: Football Stadia (the Millennium Stadium, Cardiff; the Emirates Stadium, Islington; and Wembley Stadium, London); and Heathrow Terminal 5. The book provides a one-stop-shop to the many topics that underpin commercial management practice from both a demand (buy-side) and a supply (sell-side) perspective. It will help develop an understanding of the issues influencing commercial management: leadership, strategy, risk, financial, legal, best practice management and commercial and contracting strategy and tactics. This book’s companion website is at www.wiley.com/go/lowecommercialmanagement and offers invaluable resources for both students and lecturers: • PowerPoint slides for lecturers on each chapter • Sample exam questions for students to practice • Weblinks to key journals and relevant professional bodies

Author : Andrew Ross
Publisher : John Wiley & Sons
ISBN 13 : 1405125063
Total Pages : 458 pages
Book Rating : 4.62/5 ( download)

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Download or read book Financial Management in Construction Contracting written by Andrew Ross and published by John Wiley & Sons. This book was released on 2013-01-29 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative text provides a detailed insight into how construction companies manage their finances at both corporate and project level. It will guide students and practitioners through the complexities of the financial reporting of construction projects within the constraints of accepted accounting practice. The book is written for non-accountants and from a contractor’s perspective and is equally relevant to subcontractors and main contractors. The authors examine the relationship between the external annual accounts and the internal cost-value reconciliation process. CVR is covered in depth and the authors consider issues such as interim payments, subcontract accounts, contractual claims, final accounts, cash flow management and the reporting of the physical and financial progress of contracts. A broad perspective of all the financial aspects of contracting is taken along with related legal issues and the authors explain how things operate in the ‘real world’. They describe good practice in financial control while at the same time being honest about some of the more questionable practices that can - and do - happen. The approach taken is unique as the financial management of construction projects is considered from the perspective of the contractor’s quantity surveyor. The book deals with the real issues that surveyors have to address when using their judgment to report turnover, profitability, cash flow, and work in progress on projects and the financial problems faced by subcontractors are frankly and pragmatically explored. The payment and notice requirements of the Construction Act are explained in detail and relevant provisions of JCT2011, NEC3, ICC, DOM/1 and other standard contracts and subcontracts are also covered. Financial Management in Construction Contracting addresses the wide variety of external factors that influence how construction companies operate, including government policy, banking covenants and the financial aspects of supply chain management. Cost reporting systems are described and real-life examples are used to illustrate cost reports, accrual systems and how computerised systems can be employed to provide the QS with information that can be audited. Examples drawn from practice demonstrate how work-in-progress (WIP) is reported in contracting. Cost value reconciliation reports are featured and the book demonstrates how adjustments are made for overmeasure, undermeasure, subcontract liabilities and WIP as well as explaining the processes that contractors use when analysing external valuations. This is the ideal core text for final year degree and post-graduate level modules on Quantity Surveying, Commercial Management, Construction Management and Project Management courses and will provide an invaluable source of reference for quantity surveyors and others who may be engaged in the financial management of construction projects. The book’s companion website at www.wiley.com/go/rossfinancialmanagement offers invaluable resources for students and lecturers as well as for practising construction managers: end-of-chapter exercises + outline answers PowerPoint slides for each chapter ideas for discussion topics links to useful websites

Author : Alison Dykstra
Publisher : Kirshner Publishing Company
ISBN 13 :
Total Pages : 426 pages
Book Rating : 4./5 ( download)

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Download or read book Construction Project Management written by Alison Dykstra and published by Kirshner Publishing Company. This book was released on 2018 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Construction Project Management provides the reader with crucial background information often overlooked in other texts: The roles of the major players owners and designers, general and specialty contractors; Why contractors should avoid some jobs, and how to get the right ones; What bidding is, and why the low bid is not always the best bid; Why different types of construction contracts carry different levels of risk; Why cost estimates and schedules are keys to project success; How a contractor brings in a job on time and on budget; And much more: Alternative project delivery and BIM; Change orders and getting paid; MasterFormat; ConsensusDocs and AIA Documents; An expanded and updated introduction to Green Construction.

Author : Donald Towey
Publisher : John Wiley & Sons
ISBN 13 : 1118473809
Total Pages : 342 pages
Book Rating : 4.01/5 ( download)

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Download or read book Cost Management of Construction Projects written by Donald Towey and published by John Wiley & Sons. This book was released on 2013-06-12 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: The cost manager/quantity surveyor plays a pivotal role in the financial and contract management of construction projects, although the exact nature of the service they provide depends on the project employer’s terms of engagement. This can mean acting as consultant in a range of roles including cost and advisory services for budget setting to initiate a project, cost management through the design and construction phases, contract administration and acting as the client side project manager to oversee the entire building process. Cost Management of Construction Projects focusses on the cost manager/quantity surveyor engaged by the project client, and discusses key elements that help drive project success including measurement (based on the New Rules of Measurement published by RICS), procurement, cost planning, contract administration and project cost management. With examples, it provides a thorough guide to the role in the workplace and in the field, directly addressing the day to day situations faced by the cost manager/quantity surveyor. Donald Towey MRICS has extensive experience of the construction industry. His experience began as an estimator with a glass/glazing contractor in Manchester. Following a number of positions with UK contractors he relocated to Australia and has worked with a number of developers and main contractors, as well as doing freelance work. He is currently working in contracts management in Sydney.

Author : David Madsen
Publisher : McGraw Hill Professional
ISBN 13 : 126046041X
Total Pages : 700 pages
Book Rating : 4.14/5 ( download)

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Download or read book Commercial Building Construction: Materials and Methods written by David Madsen and published by McGraw Hill Professional. This book was released on 2021-03-05 with total page 700 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master the latest commercial building construction components and practices in an easy-to-read comprehensive textbook This hands-on textbook introduces you to commercial building construction methods and materials currently used in the United States and Canada. Easy to read and logically organized to reflect real-world practices, Commercial Building Construction: Materials and Methods includes detailed examples along with hundreds of 3D illustrations that accurately reflect the style of construction drawings and techniques applied in the field today. You will get a complete set of commercial drawings that is referred to and described throughout the text to correlate related construction practices. Every figure in the book is provided in an image library for viewing on your computer. Included is the most comprehensive construction glossary available. Each chapter has correlated tests, print reading problems, and critical thinking problems. Current content-related actual commercial construction building projects are provided throughout to provide real-world applications. Coverage includes: Construction plans, specifications, and construction management with complete building information modeling content Sustainable technology Construction site and excavation with erosion and sediment control and basic site and construction surveying practices Concrete construction and foundation systems Masonry construction Steel construction Wood and heavy timber construction Roof construction and materials Doors and windows with sloped glazing, storefronts, curtain walls, and window walls Insulation and barriers with indoor air quality and safety Stair construction Finish work and materials Mechanical, plumbing, and electrical systems

Author : Wayne J. Del Pico
Publisher : John Wiley & Sons
ISBN 13 : 1118243544
Total Pages : 616 pages
Book Rating : 4.41/5 ( download)

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Download or read book Estimating Building Costs for the Residential and Light Commercial Construction Professional written by Wayne J. Del Pico and published by John Wiley & Sons. This book was released on 2012-04-30 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to succeed in the construction business step-by-step guidelines for estimating To be competitive, contractors and homebuilders need to know how to generate complete, accurate estimates for labor and material costs. This book guides readers through the entire estimating process, explaining in detail how to put together a reliable estimate that can be used not only for budgeting, but also for developing a schedule, managing a project, dealing with contingencies, and ultimately making a profit. Completely revised and updated to reflect the new CSI MasterFormat 2010TM system, the Second Edition of this practical guide describes estimating techniques for each building system and how to apply them according to the latest industry standards. Cost considerations and quantity takeoff and pricing are included for virtually every type of work found in residential and light commercial projects, from demolition, concrete, and masonry to windows and doors, siding, roofing, mechanical and electrical systems, finish work, and site construction. Complete with many new graphics and references to professional construction cost databases, the new edition provides experienced contractors and novices alike with essential information on: How to correctly interpret plans and specifications, reflecting updates to contract documents since the first edition Computer estimating techniques and new estimating software for performing quantity takeoff The best methods for conceptual estimating as well as the extremely useful topic of parametric estimating How to allocate the right amounts for profit and contingencies, and other hard-to-find professional guidance How a unit price estimate is built along with labor issues and budgeting for subcontractor work

Author : Brian Greenhalgh
Publisher : Routledge
ISBN 13 : 1134016840
Total Pages : 273 pages
Book Rating : 4.46/5 ( download)

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Download or read book Introduction to Building Procurement written by Brian Greenhalgh and published by Routledge. This book was released on 2011-01-11 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: The procurement stage of the building process is critical to the success of any building project, and as such must be understood by everybody entering the industry. This book familiarises the reader with the principles and methods of the procurement of buildings, starting at the most basic level.

Author : Cameron K. Andres
Publisher : Prentice Hall
ISBN 13 : 9780131599239
Total Pages : 0 pages
Book Rating : 4.32/5 ( download)

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Download or read book Principles and Practices of Commercial Construction written by Cameron K. Andres and published by Prentice Hall. This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The revision of this classic text provides a well-illustrated and logical engineering approach to the principles and practices of commercial construction. Principles and Practices presents an overview of the methods, equipment, and materials used while covering each phase of the construction process is a sequential, chapter-by-chapter format."--Publisher.