The Construction MBA: Practical Approaches to Construction Contracting

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Author : Matt Stevens
Genre : Architecture

Summary : Proven business strategies for operating a profitable and efficient construction firm Written by a successful management researcher, advisor, and educator to construction contractors, The Construction MBA reveals effective operating practices for managing the multiple processes that must work simultaneously to make a construction firm consistently profitable. The methods in the book apply to both general and specialty contracting firms and describe how to grow both the top line and bottom line. This strategic resource explains how to integrate metrics into your business model that allow you to identify and react to critical trends. You'll learn ways to gain the competitive edge by adopting superior processes, speeding up your business cycle, and maximizing client satisfaction. Tips for positioning your firm on the "sweet spot" of the risk-reward curve are also included. Realworld case studies demonstrate the concepts presented in this practical guide. In addition, eight legendary management books are reviewed and their lessons are applied to the construction contracting business. The Construction MBA covers: The new business model Corporate objectives and strategies Work acquisition Operations management Human resources Financial management Technology Good operating practices

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Author : Matt Stevens
Genre : Construction industry

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Author : Richard H. Clough
Genre : Technology & Engineering

Summary : The definitive contracting reference for the construction industry, updated and expanded Construction Contracting, the industry's leading professional reference for five decades, has been updated to reflect current practices, business methods, management techniques, codes, and regulations. A cornerstone of the construction library, this text presents the hard-to-find information essential to successfully managing a construction company, applicable to building, heavy civil, high-tech, and industrial construction endeavors alike. A wealth of coverage on the basics of owning a construction business provides readers with a useful "checkup" on the state of their company, and in-depth exploration of the logistics, scheduling, administration, and legal aspects relevant to construction provide valuable guidance on important facets of the business operations. This updated edition contains new coverage of modern delivery methods, technology, and project management. The field of construction contracting comprises the entire set of skills, knowledge, and conceptual tools needed to successfully own or manage a construction company, as well as to undertake any actual project. This book gives readers complete, up-to-date information in all of these areas, with expert guidance toward best practices. Learn techniques for accurate cost estimating and effective bidding Understand construction contracts, surety bonds, and insurance Explore project time and cost management, with safety considerations Examine relevant labor law and labor relations techniques Between codes, standards, laws, and regulations, the construction industry presents many different areas with which the manager needs to be up to date, on top of actually doing the day-to-day running of the business. This book provides it all under one cover – for the project side and the business side, Construction Contracting is a complete working resource in the field or office.

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Author : Richard H. Clough
Genre : Technology & Engineering

Summary : The definitive contracting reference for the construction industry, updated and expanded Construction Contracting, the industry's leading professional reference for five decades, has been updated to reflect current practices, business methods, management techniques, codes, and regulations. A cornerstone of the construction library, this text presents the hard-to-find information essential to successfully managing a construction company, applicable to building, heavy civil, high-tech, and industrial construction endeavors alike. A wealth of coverage on the basics of owning a construction business provides readers with a useful "checkup" on the state of their company, and in-depth exploration of the logistics, scheduling, administration, and legal aspects relevant to construction provide valuable guidance on important facets of the business operations. This updated edition contains new coverage of modern delivery methods, technology, and project management. The field of construction contracting comprises the entire set of skills, knowledge, and conceptual tools needed to successfully own or manage a construction company, as well as to undertake any actual project. This book gives readers complete, up-to-date information in all of these areas, with expert guidance toward best practices. Learn techniques for accurate cost estimating and effective bidding Understand construction contracts, surety bonds, and insurance Explore project time and cost management, with safety considerations Examine relevant labor law and labor relations techniques Between codes, standards, laws, and regulations, the construction industry presents many different areas with which the manager needs to be up to date, on top of actually doing the day-to-day running of the business. This book provides it all under one cover – for the project side and the business side, Construction Contracting is a complete working resource in the field or office.

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Author : D. A. Langford
Genre : Business & Economics

Summary : Increasingly, more and more clients are seeking to procure construction work on a global basis; designers from one country, contractors from another, materials and subcontractors from yet others. In such a complex multi-organisational and cross-cultural setting, the management of the construction environment and process is likely to create a formidable challenge. Managing overseas construction contracting addresses these challenges and provides practical guidance on the best approaches to take to ensure the best results. The book will be of benefit and interest to all professional practitioners in construction and finance who are currently involved in, or planning to be involved in, overseas construction. It will also be of particular interest to undergraduates and graduates with an interest in overseas construction, who are specialising in the built environment, development economics or project management. The book has been divided into five parts, with each part addressing a particular element of the international construction process: Part I analyses the range of stakeholders that a company will need to satisfy. This includes both internal stakeholders - such as employees) and external stakeholders - such as subcontractors and suppliers). Part II explores the marketing process. This section has been broken down into three themes: marketing strategy, market evaluation and marketing tactics. Part III looks at the task necessary in the successful execution of the construction project. It begins by reviewing the project plan and how the diverse resources of labour, subcontractors, plant, equipment and materials are procured, brought to site and incorporated into the works. This section also looks at project management including, how staff are motivated, how quality is maintained and how safe working is assured. Part IV takes stock of the process of international contracting by reviewing the characteristics of firms which operate in overseas settings. Part V provides two in-depth case studies which describe the project processes involved in the construction of a major irrigation scheme and a massive port development.

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Author : R. H. B. Ranns
Genre : Building

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Author : Richard H. Clough
Genre : Technology & Engineering

Summary : Construction Contracting, the industry's leading professional reference for fifty years, has been thoroughly updated and reorganized to reflect the latest practices, business methods, management techniques, codes, and regulations. This text presents the information essential to successfully managing a construction company, applicable to building, heavy civil, high-tech, and industrial construction projects alike. A wealth of coverage of the basics of owning a construction company and in-depth exploration of the logistics, scheduling, administration, and legal aspects relevant to construction provide valuable guidance for early-career professionals and students studying construction management. This Ninth Edition includes three all-new chapters on project risk and safety management, intellectual property, and company culture. Photographs of cases presented in the text are included for the first time. The text's pedagogical elements are updated to include detailed learning outcomes, sidebar best practices and discussion questions, real-world cases, and much more. This Ninth Edition includes vital industry topics integrated throughout the text, including digital tools, project risk, safety, and sustainability. Instructors will have access to a book companion website that includes an Instructor's Manual.