Managing the Profitable Construction Business (eBook)

The Contractor's Guide to Success and Survival Strategies

Thomas C. Schleifer, Kenneth T. Sullivan, John M. Murdough (Autoren)

eBook Download: EPUB | PDF

2014 | 2. Auflage
288 Seiten
John Wiley & Sons (Verlag)
978-1-118-83704-7 (ISBN)

Infos

Take control of your construction contracting business and manage it through the natural highs and lows of the construction market.

Learn from a team of construction business veterans led by Thomas C. Schleifer, who is commonly referred to as a construction business "turnaround" expert due to the number of construction companies he has rescued from financial distress. His financial acumen, combined with his practical, hands-on experience, has made him a sought-after private consultant. His experience and no-nonsense philosophy have truly given him a unique perspective. Important topics covered include:

* Understanding the primary areas of construction business failure in the next decade

* Minimizing business risk with real-world examples

* Developing a positive and competent management attitude and strategy

Discover how to maneuver through this complicated and risky industry by using the authors' research and proven success strategies to sustain and grow your business.

Autor

THOMAS C. SCHLEIFER, Ph.D. has 45 years of industry experience and was founder and President of the largest international consultancy firm serving the contract surety industry. He was an Eminent Scholar and Research Professor at the Del E. Webb School of Construction at Arizona State University. Dr. Schleifer, is known as "a turnaround" expert because of the number of companies that he has rescued from financial distress. KENNETH T. SULLIVAN, Ph.D. is an Associate Professor of Civil and Environmental Engineering at Arizona State University. He is Director of the Facility Management Research Institute and Co-Director of the Performance Based Studies Research Group. JOHN M. MURDOUGH, CPA is Principal of Pittman & Murdough, founded in 1989. Mr. Murdough is a well-known and respected construction accounting and business strategies specialist.

Inhalt

Foreword xiii

Preface xv

Acknowledgments xix

How to Use This Book xxi

Part 1 / xxi

Part 2 / xxi

A Teaching Text / xxi

About the Authors xxiii

PART 1 1

1 Managing with Confidence 3

Chapter Review Questions / 17

Critical Thinking and Discussion Questions / 17

2 Elements of Contractor Failure 19

Chapter Review Questions / 29

Critical Thinking and Discussion Questions / 30

3 Increase in Project Size 31

Chapter Review Questions / 41

Critical Thinking and Discussion Questions / 42

4 Change in Geographic Location 43

Chapter Review Questions / 54

Critical Thinking and Discussion Questions / 54

5 Changing or Adding to Type of Construction Performed 57

Chapter Review Questions / 67

Critical Thinking and Discussion Questions / 68

6 Replace Key Personnel 69

Chapter Review Questions / 78

Critical Thinking and Discussion Questions / 78

7 Managerial Maturity 81

Chapter Review Questions / 91

Critical Thinking and Discussion Questions / 92

8 Accounting Systems 93

Chapter Review Questions / 101

Critical Thinking and Discussion Questions / 101

9 Evaluating Contract Profitability 103

Chapter Review Questions / 119

Critical Thinking and Discussion Questions / 120

10 Equipment Cost Management 123

Chapter Review Questions / 133

Critical Thinking Questions / 134

11 Other Industry Concerns 135

Chapter Review Questions / 145

Critical Thinking and Discussion Questions / 145

PART 2 147

12 Financial Management Issues 149

Chapter Review Questions / 163

Critical Thinking and Discussion Questions / 164

13 Financial Analysis and Indicators 167

Chapter Review Questions / 179

Critical Thinking and Discussion Questions / 180

14 Projection and Budgets 181

Chapter Review Questions / 193

Critical Thinking and Discussion Questions / 194

15 The Effective Use of Credit 195

Chapter Review Questions / 203

Critical Thinking and Discussion Questions / 204

16 Making Decisions in Volatile Conditions 205

Chapter Review Questions / 211

Critical Thinking and Discussion Questions / 212

17 Success Factors for a Changing Industry 213

Chapter Review Questions / 233

Critical Thinking and Discussion Questions / 234

18 Performance Measurement 237

Chapter Review Questions / 248

Critical Thinking and Discussion Questions / 249

Appendix: Answer Key for Chapter Review Questions 251

Index 253

Produkt-Details

• Erscheint lt. Verlag: 21.2.2014
• Sprache: englisch
• Themenwelt: Technik ► Bauwesen
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Unternehmensführung / Management
• Schlagworte: Baubetrieb • Bauingenieur- u. Bauwesen • Civil Engineering & Construction • Construction Management
• ISBN-10: 1-118-83704-5 / 1118837045
• ISBN-13: 978-1-118-83704-7 / 9781118837047