Explore this deep dive into the business side of construction, including how to structure, organize, and operate a construction organization to maximize profit
The most visible work of construction contracting happens on the job site, but some of the most important aspects of running a construction business happen behind the scenes, on the financial and operations side. Construction is the second-most risk-intensive industry in the US, and both minimizing business failures and minimizing the damage that results from inevitable failures are critical. Structuring and managing a profitable construction business requires strategic sense and up-to-date knowledge.
The Business of Construction Contracting describes and analyzes the business side of construction, with a detailed exploration of the major types of business failure and how to avoid them. It’s designed for construction professionals who understand that in this industry everybody faces risk exposure, and the companies that survive and thrive are the ones who understand how to recognize the risks and respond accordingly. It offers documented research findings, rooted in years of construction business experience, that can help both new and veteran business owners find success.
The Business of Construction Contracting readers will also find:
- Exploration of the concepts of flexible overhead, corporate, and financial self-analysis
- Detailed discussion of topics including cash flow thresholds, construction market cycles, and more
- The latest industry technologies and techniques to manage a construction business
The Business of Construction Contracting is ideal for construction professionals – including general contractors, construction managers, and specialty contractors – as well as bonding and insurance professionals, construction attorneys, and vendors servicing the construction industry.
Table of Contents
Export Citation(s)
The Business of Construction Contracting (Pages: i-xiv)
First Page
CHAPTER 1
The Construction Industry (Pages: 1-12)
CHAPTER 2
Structure of a Construction Business (Pages: 13-28)
CHAPTER 3
Construction Business Risks (Pages: 29-46)
CHAPTER 4
Common Elements of Construction Business Failure (Pages: 47-60)
CHAPTER 5
Increase in Project Size (Pages: 61-74)
CHAPTER 6
Changes in Geographic Area (Pages: 75-90)
CHAPTER 7
Changes in Type of Construction (Pages: 91-102)
CHAPTER 8
Changes in Key Personnel (Pages: 103-112)
CHAPTER 9
Managerial Maturity (Pages: 113-130)
CHAPTER 10
Understanding Construction Accounting (Pages: 131-144)
CHAPTER 11
Construction Industry Cycles (Pages: 145-162)
CHAPTER 12
The Science of Project Selection (Pages: 163-172)
CHAPTER 13
The Project Selection Program (Pages: 173-190)
Summary
CHAPTER 14
Project Controls (Pages: 191-212)
Summary
PDF
Answer Key for Chapter Review Questions (Pages: 231-232)
Chapter Review Questions (Pages: 213-230)
First Page
Index (Pages: 229-230)
