Download or read book Cost Accounting and Financial Management for Construction Project Managers written by Len Holm and published by Routledge. This book was released on 2018-09-03 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Proper cost accounting and financial management are essential elements of any successful construction job, and therefore make up essential skills for construction project managers and project engineers. Many textbooks on the market focus on the theoretical principles of accounting and finance required for head office staff like the chief financial officer (CFO) of a construction firm. This book's unique practical approach focuses on the activities of the construction management team, including the project manager, superintendent, project engineer, and jobsite cost engineers and cost accountants. In short, this book provides a seamless connection between cost accounting and construction project management from the construction management practitioner’s perspective. Following a complete accounting cycle, from the original estimate through cost controls to financial close-out, the book makes use of one commercial construction project case study throughout. It covers key topics like financial statements, ratios, cost control, earned value, equipment depreciation, cash flow, and pay requests. But unlike other texts, this book also covers additional financial responsibilities such as cost estimates, change orders, and project close-out. Also included are more advanced accounting and financial topics such as supply chain management, activity-based accounting, lean construction techniques, taxes, and the developer’s pro forma. Each chapter contains review questions and applied exercises and the book is supplemented with an eResource with instructor manual, estimates and schedules, further cases and figures from the book. This textbook is ideal for use in all cost accounting and financial management classes on both undergraduate and graduate level construction management or construction engineering programs.
Download or read book Construction Cost Estimating written by Len Holm and published by Routledge. This book was released on 2021-04-07 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: Construction Cost Estimating equips a new generation of students and early-career professionals with the skills they need to bid successfully on projects. From developing bid strategies to submitting a completed bid, this innovative textbook introduces the fundamentals of construction estimating through a real-life case study that unfolds across its 24 chapters. Exercises at the end of each chapter offer hands-on practice with core concepts such as quantity take-offs, pricing, and estimating for subcontractor work. Online resources provide instant access to examples of authentic construction documents, including complete, detailed direct work estimates, subcontractor work estimates, general conditions estimates, markups, and summary schedules. Through its unique mix of real-world examples and classroom-tested insights, Construction Cost Estimating ensures that readers are familiar with the entire estimating process even before setting foot on the jobsite.
Download or read book Construction Estimating Management and Cost Accounting written by Eileen Carson and published by . This book was released on 1959 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Estimating with Microsoft Excel written by Jay P. Christofferson and published by Builderbooks. This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author takes readers through generating an estimating workbook in Microsoft Excel 2007 step by step to save time and avoid costly errors. The book includes formulas for calculating common materials and other project costs. The accompanying CD contains sample Excel workbooks that address the various stages of the estimating process.
Download or read book Project Management for Construction written by Chris Hendrickson and published by Chris Hendrickson. This book was released on 1989 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Estimating in Heavy Construction written by Dieter Jacob and published by John Wiley & Sons. This book was released on 2016-11-14 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the theoretical background as well as best practice examples of estimating in heavy construction. The examples stem from practitioners in international large-scale construction projects. As distinct from other publications on estimating, this book presents specific numbers and costs are calculated precisely. In this way the book helps to avoid errors in the estimating of construction projects like roads, bridges, tunnels, and foundations.
Download or read book Principles of Accounting Volume 2 Managerial Accounting written by Mitchell Franklin and published by . This book was released on 2019-02-14 with total page 746 pages. Available in PDF, EPUB and Kindle. Book excerpt: A less-expensive grayscale paperback version is available. Search for ISBN 9781680922936. Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today's college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the "why" as well as the "how" aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.
Download or read book Lies Damned Lies and Cost Accounting written by Reginald Tomas Lee and published by Business Expert Press. This book was released on 2016-02-18 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces capacity management, describes cash flow dynamics, and offers ideas about how to manage both Business leaders rely on accounting data such as profit and calculated costs as a guide to whether they are making money. Should they? Accounting was designed to report financial performance not model cash flow. Accruals can disconnect cash flow from the timing and extent to which it occurs. Statements of cash flow do not provide insight into what was bought and how efficiently it was used. Costs and profits are not absolute, they change based on the model you use to calculate them. To manage cash, you must manage what you buy and how effectively you use it. The largest expenditure for most companies is capacity; space, labor, materials, equipment, and technology. Unless you model and manage capacity effectively, you will not achieve the cash flow results you seek. This book introduces capacity management, describes cash flow dynamics, and offers ideas about how to manage both. After reading it, you be able to see, understand, and manage cash flow as never before.
Download or read book Construction Accounting Financial Management written by Stephen Peterson and published by Pearson Higher Ed. This book was released on 2013-10-03 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: For all courses in construction accounting and construction finance, and for courses in engineering economics taught in construction management programs. This book helps construction professionals and construction management students master the principles of financial management, and adapt and apply them to the challenge of profitably managing construction companies. It integrates content that has traditionally been taught through separate accounting, finance, and engineering economics texts. Students learn how to account for a construction company’s financial resources; how to manage its costs, profits, and cash flows; how to evaluate different sources of funding a company’s cash needs; and how to quantitatively analyze financial decisions. Readers gain hands-on experience through 220 example problems and over 390 practice problems, many of them based on situations actually encountered by the author. This edition adds more than 100 new discussion questions, and presents financial equations and accounting transactions more visually to support more intuitive learning.
Download or read book Cost Estimation written by Gregory K. Mislick and published by John Wiley & Sons. This book was released on 2015-05-04 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents an accessible approach to the cost estimation tools, concepts, and techniques needed to support analytical and cost decisions Written with an easy-to-understand approach, Cost Estimation: Methods and Tools provides comprehensive coverage of the quantitative techniques needed by professional cost estimators and for those wanting to learn about this vibrant career field. Featuring the underlying mathematical and analytical principles of cost estimation, the book focuses on the tools and methods used to predict the research and development, production, and operating and support costs for successful cost estimation in industrial, business, and manufacturing processes. The book begins with a detailed historical perspective and key terms of the cost estimating field in order to develop the necessary background prior to implementing the presented quantitative methods. The book proceeds to fundamental cost estimation methods utilized in the field of cost estimation, including working with inflation indices, regression analysis, learning curves, analogies, cost factors, and wrap rates. With a step-by-step introduction to the practicality of cost estimation and the available resources for obtaining relevant data, Cost Estimation: Methods and Tools also features: Various cost estimating tools, concepts, and techniques needed to support business decisions Multiple questions at the end of each chapter to help readers obtain a deeper understanding of the discussed methods and techniques An overview of the software used in cost estimation, as well as an introduction to the application of risk and uncertainty analysis A Foreword from Dr. Douglas A. Brook, a professor in the Graduate School of Business and Public Policy at the Naval Postgraduate School, who spent many years working in the Department of Defense acquisition environment Cost Estimation: Methods and Tools is an excellent reference for academics and practitioners in decision science, operations research, operations management, business, and systems and industrial engineering, as well as a useful guide in support of professional cost estimation training and certification courses for practitioners. The book is also appropriate for graduate-level courses in operations research, operations management, engineering economics, and manufacturing and/or production processes.
Download or read book Fundamentals of Construction Estimating written by David Pratt and published by Wadsworth Publishing Company. This book was released on 2011 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: An international edition of this product is available for sale overseas and in international markets.
Download or read book Introduction to Estimating for Construction written by Brian Greenhalgh and published by Routledge. This book was released on 2013-01-17 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: Students and professionals encountering estimating for the first time need an approachable introduction to its principles and techniques, which is up to date with current practice. Introduction to Estimating for Construction explains both the traditional techniques, and best practice in early contractor involvement situations, within the framework of modern construction procurement. As well as introducing different estimating techniques, it includes: The nature of costs in construction from a cost of resources approach Modern tendering procedures and the stages of development of construction projects How to convert an estimate into a formal tender and then into a contract Simple numerical examples of estimates Estimating and cost analysis during the construction project Summaries and discussion questions in every chapter This is an easy to read introduction to building estimating for undergraduate students, or anyone working in a quantity surveying or construction commercial management role who needs a quick reference.
Download or read book Introduction to Construction Project Engineering written by Giovanni C. Migliaccio and published by Routledge. This book was released on 2018-03-19 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new textbook fills an important gap in the existing literature, in that it prepares construction engineering and built environment students for their first experience of the jobsite. This innovative book integrates conceptual and hands-on knowledge of project engineering to introduce students to the construction process and familiarize them with the procedures and activities they need to operate as project engineers during their summer internships and immediately after graduation. The textbook is structured into four sections: Section A: Introductory Concepts Section B: Field Engineering Section C: Office Engineering Section D: Advanced Project Engineering The emphasis on field tasks and case studies, questions, and exercises taken from across civil works and commercial building sectors makes this the ideal textbook for introductory to intermediate courses in Construction Engineering, Construction Engineering Technology, Civil and Architectural Engineering, and Construction Management degree programs.
Download or read book Project Life Cycle Economics written by Mr Massimo Pica and published by Gower Publishing, Ltd.. This book was released on 2015-04-28 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Cost Estimating and Contract Pricing written by Gregory A. Garrett and published by Wolters Kluwer. This book was released on 2008-01-01 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: The process of estimating the cost for the development and delivery of a product, service, or solution can range from simple to highly complex based upon multiple factors including: technology maturity, urgency, geographic location, quantity, quality, availability of resources, hardware and software, systems integration and more. This book provides a comprehensive discussion of cost estimating and contract pricing with extensive use of tools, techniques, and best practices from both the public and private sectors. Key topics of discussion include: Cost estimating methods Cost accounting standards Cost analysis Profit analysis Contract pricing arrangements Price analysis Total ownership cost Earned value management systems
Download or read book Building Cost Planning for the Design Team written by Jim Smith and published by Routledge. This book was released on 2016-02-26 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cost management of all building projects has become increasingly important as clients in the public and private sector demand the highest quality cost planning services with accurate budgeting and cost control. All members of the design team must integrate their activities to ensure that a high quality project is delivered on time and within budget. This book considers building cost planning and cost control from the client and the design team's perspective, where all decisions whether concerned with design, cost, quality, time, value or sustainability are taken as being interrelated. The latest Royal Institute of British Architects (RIBA) Plan of Work and the New Rules of Measurement for Early Stage Estimating and Cost Planning issued by the Royal Institution of Chartered Surveyors (RICS) have been incorporated into this new text. The book follows the building design cost planning process from the crucial inception stages and then through all the design stages to the completion of the technical design, contract documentation and the tender. It provides a template for good cost planning practice. An essential addition to this third edition is the introduction of integrated design and documentation processes captured in building Information modelling (BIM), on-line cost databases and computerised methods of cost planning. The integrated approaches are explained and provide vital information and knowledge for practitioners involved in building projects. All stakeholders involved in development and design and client teams in public and private sector policy making and implementation need to understand the new approaches to design management processes and how cost planning and design approaches are adapting to using the new technology in practice. The interactive style, using in-text and review questions makes this ideal for students and practitioners alike in property, architecture, construction economics, construction management, real estate, engineering, facilities management and project management.
Download or read book Builder s Guide to Accounting written by Michael C. Thomsett and published by Craftsman Book Company. This book was released on 2001-07 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book includes self-test section at the end of each chapter. Test yourself, then check answers in the back of the book to see how you score. CD-ROM included.
