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| construction management business model: Construction Business Management Nick B. Ganaway, 2007-06-01 Only 43 per cent of U.S. construction firms remain in business after four years. Why? Inadequate management, according to the U.S. Small Business Administration. This is surprising because most construction firms are formed by ambitious construction project managers, executives and tradesmen who have excelled at what they have been doing. But as experienced as these entrepreneurs may be, they are not likely prepared to take on the full range of responsibilities forced on them in managing the business of construction in its entirety. While this business failure rate and its causes are based on U.S. experience, available data from a number of other industrialized countries shows they are similar. This book describes in detail what the business side of the construction equation requires of the construction firm owner. The contractor who quickly learns these requirements can identify and avoid or manage around the pitfalls that cause the high failure rate in our industry and put his or her construction firm on a level playing field with the best-run companies in the business. The detailed duties of the owner, whether in the U.S., U.K., Australia or Canada, are a common theme throughout the book. The author, Nick Ganaway, speaks peer-to-peer, and the book is sprinkled with supporting examples from his own experience. He is immersed in the industry and this book is based on the things I've learned, used, and refined as a light-commercial general contractor in the course of starting and operating my own construction firm for 25 years. The contractor doing $5 million or $50 million or more in annual sales or the equivalent amount in other countries, or the entrepreneur who is just starting up, can use the tried and proven material in this book to build a business that is profitable, enjoyable, and enduring. Additionally, the book devotes a chapter to specializing in chain-store construction. |
| construction management business model: Business Continuity Management in Construction Leni Sagita Riantini Supriadi, Low Sui Pheng, 2017-08-19 This book provides an understanding of Business Continuity Management (BCM) implementation for local/international construction operations, with a primary focus on Indonesian construction firms as an illustrative example. It reviews the whole spectrum of work relating to organizational culture (OC) and the institutional framework (IF) as one of the key ways for companies to evaluate and implement BCM in construction operations. Once readers have acquired a sound understanding of BCM, OC and IF linkages in construction firms, the lessons learned can be extended to other companies. This is facilitated through a systematic assessment framework presented in the book using a Knowledge Based Decision Support System (BCM-KBDSS), which allows these companies to evaluate their current status quo with respect to BCM, OC and IF, and then make informed decisions on how and to what extent BCM should be implemented in their operations. As such, the book offers a unique blend of theory and practice, ensuring readers gain a far better understanding of BCM implementation in the construction industry. |
| construction management business model: Paper Contracting William D. Mitchell, Gary Moselle, 2012 Risk, and the headaches that go wit it, have always been a major part of any construction project -- risk of loss, negative cash flow, construction claims, regulations, excessive changes, disputes, slow pay -- sometimes you'll make money, and often you won't. But many contractors today are avoiding almost all of that risk by working under a construction management contract, where they are simply a paid consultant to the owner, running the job, but leaving him the risk. This manual is the how-to of construction management contracting. You'll learn how the process works, how to get started as a CM contractor, what the job entails, how to deal with the issues that come up, when to step back, and how to get the job completed on time and on budget. Includes a link to free downloads of CM contracts legal in each state. |
| construction management business model: Construction Business Management John E. Schaufelberger, 2011-11-21 This is the eBook of the printed book and may not include any media, website access codes, or print supplements that may come packaged with the bound book. Construction is a risky business! And unfortunately the reality is that construction company managers often lack the necessary “business management” skills needed to ensure the survival of their firms. This groundbreaking new book is the first of its kind that consolidates critical business management topics, and presents them practically and accessibly by showing how they relate to the management of a construction company. |
| construction management business model: Total Construction Management John S. Oakland, Marton Marosszeky, 2017-02-17 A convergence of lean management and quality management thinking has taken place in organizations across many industries, including construction. Practices in procurement, design management and construction management are all evolving constantly and understanding these changes and how to react is essential to successful management. This book provides valuable insights for owners, designers and constructors in the construction sector. Starting by introducing the language of total quality, lean and operational excellence, this book takes the reader right up to the latest industry practice in this sector, and demonstrates the best way to manage change. Written by two of the world's leading experts, Total Construction Management: Lean quality in construction project delivery offers a clearly structured introduction to the most important management concepts and practices used in the global construction industry today. This authoritative book covers issues such as procurement, BIM, all forms of waste, construction safety, and design and construction management, all explained with international case studies. It is a perfect guide for managers in all parts of the industry, and ideal for those preparing to enter the industry. |
| construction management business model: Residential Construction Management Joseph A. Griffin, 2010-03-15 Residential Construction Management will provide construction managers a concise and practical guide to managing residential construction projects. One of the fundamental reasons residential contractors fail to prosper is that they are poor managers. By presenting project management tools in their appropriate context of the project lifecycle—initiation, planning, execution, monitoring and controlling, and closing, readers will more clearly understand the iterative nature of construction management, which is a key to successfully managing a construction project. You can't afford to be without this indispensible working tool and its step-by-step instructions, project management templates, and real-world case studies. Residential Construction Management provides construction managers a concise and practical guide to managing residential construction projects. One of the fundamental reasons residential contractors fail to prosper is that they are poor managers. By presenting project management tools in their appropriate context of the project lifecycle — initiation, planning, execution, monitoring and controlling, and closing — you will more clearly understand the true nature of construction management, which is a key to successfully managing a construction project. You can't afford to be without this indispensible working tool and its step-by-step instructions, project management templates, and real world case studies.Key Features ¦ Walks you through the entire project management lifecycle resulting in a better understanding of the iterative processes of construction management ¦ Offers the information and real world tools needed to successfully apply to a planned or current project ¦ Shows how various knowledge areas and project management tools interact when doing a project providing you with the knowledge to create your own project plan ¦ Offers a downloadable building specification form, change order authorization form, construction schedule, sample budget, construction flowchart, a guide to working with bankers for spec home loans, and much more — available from the Web Added Value™ Download Resource Center at www.jrosspub.com |
| construction management business model: Construction Management Strategies Milan Radosavljevic, John Bennett, 2012-05-08 An authoritative textbook on construction management offering a clear model for understanding theoretical aspects. The construction industry has become a truly global network of interconnected stakeholders making demands which require the involvement of skilled workforces from all over the world. Construction Management Strategies sets the foundations for understanding and managing construction’s inherent complexity and uniqueness. It establishes clear definitions of commonly accepted terms like built environment, construction, civil engineering, etc. which are often given confusing and conflicting interpretations. It cuts through the plethora of overlapping role titles currently used in the construction sector that make it difficult to establish how projects are actually managed. Construction Management Strategies: Offers a robust and consistent theoretical basis to explain the performance of the main approaches to construction management. Describes corporate and project management in construction as an integrated whole. Provides the basic toolkit a student needs to think through the practical situations they will later face. Helps bring the theory of construction management to international students who struggle to find a solid grounding in this complex and fragmented subject. Includes a companion website featuring a wealth of directly transferable examples for students, as well as PPT slides and topic discussion ideas for lecturers. |
| construction management business model: Construction Contracting Richard H. Clough, Glenn A. Sears, S. Keoki Sears, Robert O. Segner, Jerald L. Rounds, 2015-04-06 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. |
| construction management business model: Project Management for Construction Chris Hendrickson, Tung Au, 1989 |
| construction management business model: Construction Company Management Abid Hasan, Asheem Shrestha, Kumar Neeraj Jha, 2024-09-23 Construction Company Management will give readers a detailed understanding of the critical aspects of managing a successful construction company in a dynamic and complex construction business environment characterised by intense competition, supply chain disruptions, and rapid changes in technology, regulations, client preferences, and market conditions. The book will introduce readers to different dimensions of construction company management. The topics covered reflect current business practices in the construction industry, including company strategy and business models, stakeholder management, contract management, resource management, risk management, knowledge management, company finance, digital innovation, organisational resilience, and the regulatory environment. The book also includes much-needed discussions on ethics, integrity and professional standards, and diversity, equity, and inclusion in construction companies. It explores the opportunities and challenges relevant to construction company management in global contexts with the help of case studies from different regions of the world. Providing a concise book on this essential subject, Construction Company Management serves both students and those educators who teach it in their built environment courses. Practitioners will find the theory-informed company management practices discussed in the book valuable and useful in their practical contexts. |
| construction management business model: Financial Management in Construction Contracting Andrew Ross, Peter Williams, 2013-01-29 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 |
| construction management business model: Home Builder Contracts and Construction Management Forms NAHB Business Management, 2006 Nearly 100 of the most useful business forms and contracts for builders are gathered from builders across the country: sales and marketing forms, contracts, agreements, trade contractor specifications, checklists, orientation and quality control documents, and more. Documents can be downloaded from the CD and customized. |
| construction management business model: Construction Business Development Christopher Preece, Paul Smith, Krisen Moodley, 2007-03-30 Construction Business Development is the first book to provide an insight into business development strategies, tools and techniques in construction. This edited text combines academic research with the broad industrial experience of construction business development professionals and marketing consultants. It uses illustrations and case studies in addressing current and future challenges and opportunities in a highly competitive business environment. This practical book will help construction managers learn how to turn clients into loyal customers. |
| construction management business model: International Construction Management Igor Martek, 2022-02-07 This book tells you everything you need to know about international construction: the companies, their markets, the types of projects they build, how they compete and operate and how it affects us all. It paints a comprehensive portrait of an overlooked global business that generates a major portion of the GDP in every developed nation. As with any mature sector, countries make efforts to export their expertise, but the competition in construction is fierce, and the risks are many. Only the leanest and meanest survive. What, then, does it take to win? Most writing on construction focuses at the project-management level or even more narrowly at the level of technical performance. This book presents the big picture; it tells you what successful international construction companies do to stay in the game and thrive. The book examines international construction through three lenses. The first is theory. The body of existing knowledge on construction is here brought together, condensed and explained. The second are the actors. The companies that lead the way in global construction are showcased, and the features that make countries desirable hosts are appraised. Finally, what is it that firms actually do? This last part delves into the various strategic approaches taken by 60 construction firms in carving out and defending an overseas market niche. The insights provide guidance on how global construction companies develop competitive advantage and stay resilient in the face of a mercurial global economy. These lessons will be of interest to the student and manager alike. |
| construction management business model: Construction Management JumpStart Barbara J. Jackson, 2010-06-03 Launch your career in construction management with this one-of-a-kind book The construction management industry is expected to increase employment by 16 percent over the next decade. This second edition of a bestselling introduction to construction management walks you through each stage of the construction management process. Written from the constructor's perspective, this book will familiarize you with all the construction management fundamentals and how Building Information Modeling (BIM) is impacting the construction management profession. Covers interoperability of technology advances in the construction industry Explains how BIM is challenging the traditional approach to project delivery and how this affects the constructor's role Elaborates each stage of the design and construction process and the tasks associated with each of them Shows step-by-step how to estimate project costs, administer contracts, manage job site and construction operations, plan and schedule a project, monitor project performance, manage project quality and safety, and assess project risks Provides review questions at the end of each chapter to help enforce understanding The tried-and-true project management principles presented in this book will help ensure you a successful start to your career. |
| construction management business model: Strategic Management in Construction David Langford, Steven Male, 2008-04-15 This book reviews the general theory of strategy, relates it to the particular circumstances of the construction industry, and shows how it can be applied in practice. It brings together ideas from economics, marketing, management, business and politics to develop strategic management for both contractors' firms and the associated professions. Substantial changes have occurred in the industry since the book was first published in 1991. This Second Edition reflects the major developments that have followed the Latham and Egan reports, and includes new chapters on international strategy and marketing, showing how they can contribute to the strategic planning of construction organizations. The book will provide a valuable tool for the strategic development of construction firms. Ten years separate the editions during which period a significant number of British, (and other), construction firms which had survived generations of proprietors merged, changed beyond recognition or ceased trading. One can not but wonder if publication of a work on strategic planning some twenty year earlier might have saved some of them. Construction Manager The book presents the essential elements for managing at this higher level and should be a must for any construction professional who aspires to an executive position in industry as well as any student for construction management, project management and organizational management in construction. It comes highly recommended Engineering, Construction and Architectural Management |
| construction management business model: Creating a Lean Culture David Mann, 2017-07-27 Winner of a Shingo Research and Professional Publication AwardThe new edition of this Shingo Prize-winning bestseller provides critical insights and approaches to make any Lean transformation an ongoing success. It shows you how to implement a sustainable, successful transformation by developing a culture that has your stakeholders throughout the o |
| construction management business model: Construction Project Management Alison Dykstra, 2018 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. |
| construction management business model: Construction Management Eugenio Pellicer, Víctor Yepes, José C. Teixeira, Helder P. Moura, Joaquín Catalá, 2013-10-09 The management of construction projects is a wide ranging and challenging discipline in an increasingly international industry, facing continual challenges and demands for improvements in safety, in quality and cost control, and in the avoidance of contractual disputes. Construction Management grew out of a Leonardo da Vinci project to develop a series of Common Learning Outcomes for European Managers in Construction. Financed by the European Union, the project aimed to develop a library of basic materials for developing construction management skills for use in a pan-European context. Focused exclusively on the management of the construction phase of a building project from the contractor’s point of view, Construction Management covers the complete range of topics of which mastery is required by the construction management professional for the effective delivery of new construction projects. With the continued internationalisation of the construction industry, Construction Management will be required reading for undergraduate and postgraduate students across Europe. |
| construction management business model: The Construction MBA: Practical Approaches to Construction Contracting Matt Stevens, 2012-07-02 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 |
| construction management business model: Managing the Profitable Construction Business Thomas C. Schleifer, Kenneth T. Sullivan, John M. Murdough, 2014-02-21 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. |
| construction management business model: BIM and Construction Management Brad Hardin, Dave McCool, 2015-05-28 A sleeker, more comprehensive approach to construction projects BIM and Construction Management, Second Edition is a complete integration guide, featuring practical advice, project tested methods and workflows, and tutorials for implementing Building Information Modeling and technology in construction. Updated to align with the latest software editions from Autodesk, Trimble and Bentley, this book provides a common sense approach to leveraging BIM to provide significant value throughout a project's life cycle. This book outlines a results-focused approach which shows you how to incorporate BIM and other technologies into all phases of construction management, such as: Project planning: Set up the BIM project to succeed right from the start by using the right contracts, the right processes and the right technology Marketing: How to exceed customer expectations and market your brand of BIM to win. Pre-construction: Take a practical approach to engineer out risks in your project by using the model early to virtually build and analyze your project, prior to physical construction. Construction: Leverage the model throughout construction to build safer and with better quality. Field work: Learn how mobile technologies have disrupted the way we work in the field to optimize efficiencies and access information faster. Closeout: Deliver a better product to your customer that goes beyond the physical structure and better prepares them for future operations. Additionally, the book provides a look at technology trends in construction and a thoughtful perspective into potential use cases going forward. BIM and Construction Management, Second Edition builds on what has changed in the construction landscape and highlights a new way of delivering BIM-enabled projects. Aligning to industry trends such as Lean, integrated delivery methods, mobile platforms and cloud-based collaboration this book illustrates how using BIM and technology efficiently can create value. |
| construction management business model: Construction Stakeholder Management Ezekiel Chinyio, Paul Olomolaiye, 2009-10-22 This book captures best practice in construction stakeholdermanagement using a range of international case studies. Itdemonstrates stakeholder mapping, presents the power/interestmatrix and analyses a model for the timely engagement ofstakeholders. The increased use of partnering and other relational forms ofcontracting have underlined the need for project participants towork together and also to be aware of all those who can affect orbe affected by a project and its associated developments.Stakeholder management enables them to see this wider picture andprovides guidance for managing the diverse views and interests thatcan manifest in the course of a project’s life. All construction projects have the potential for conflicts ofinterest that can result in costly and damaging legal proceedings.This new book advocates an alternative to dispute resolution thatis proactive, practical and global in its application.Construction Stakeholder Management is therefore anessential text for advanced students, lecturers, researchers andpractitioners in the built environment. |
| construction management business model: Construction Management Denny McGeorge, Patrick X. W. Zou, 2012-12-17 The construction industry faces continual challenges and demands, due to market conditions and coercion by governments, for improvements in safety, quality and cost control, and in the avoidance of contractual disputes. To meet these challenges construction enterprises need to constantly seek new directions and business models in construction management. A number of tools, methods and concepts have been developed and advocated as aids to achieving improved performance, but many in the industry find them confusing or are sceptical of their relevance. The third edition of Construction Management: New Directionsbrings together, in a single volume, detailed discussion of a range of contemporary management concepts which are relevant to the construction industry, including strategic management; benchmarking; reengineering; partnering and alliancing; enterprise risk management; total safety management; total quality management; value management and constructability. It provides a straightforward, accessible and objective account of these concepts, showing how they interrelate and can be used to improve the performance of the construction firm. This research based text will be essential reading for industry leaders and practitioners, as well as researchers, postgraduate and senior undergraduate students. From a review of previous editions I am in no doubt that this book will quickly become a favourite among students and practitioners alike —Construction Manager |
| construction management business model: Construction Management Alan Griffith, Paul Watson, 2017-04-11 Behind the success of any construction project is the effective site management of the works by the principal contracting organisation. Construction Management provides a comprehensive introduction to the key management concepts, principles and practices that contribute to project success. Up-to-date with the latest developments in the field, and packed with examples and case study material, this book is suitable for a range of students including: HNC/D and undergraduates students on building, civil engineering, construction management, quantity surveying, building surveying and architecture courses. It would also be a useful reference for postgraduates and young construction professionals. |
| construction management business model: Business Model Innovation Daniela Andreini, Cristina Bettinelli, 2017-02-28 This book presents a systematic literature review of 156 published papers on business model innovation (BMI). The aim is to identify and integrate the different theoretical perspectives, analytical levels, and empirical contexts in order to deepen understanding of this complex phenomenon. The authors conduct an inductive thematic analysis based on an informal ontological classification that identifies 56 key themes. Within each theme, discussion focuses on thematic patterns, potential inconsistencies and debates, and future directions and opportunities for research. The book makes a number of significant contributions to the field. First, it offers a deeper understanding of the evolution of research on BMI through an ontological map that identifies the key thematic areas in the literature. Second, a multilevel model is developed that clarifies the concept of BMI by identifying its drivers, contingencies, and outcomes. Third, the authors identify clear and specific directions for further research and offer suggestions on research design, creating an informative road map for the future. The book will be of value both to scholars and researchers and to practitioners. |
| construction management business model: Why Business Models Matter Joan Magretta, Harvard Business School, 2002 |
| construction management business model: Construction Management Denny McGeorge, Angela Palmer, 2009-02-12 The construction industry continues to face substantial demands for improvement in quality and cost control, and a reduction in contract disputes. A number of management concepts have been promoted to help achieve this, but many in the industry find the concepts confusing and are sceptical about their usefulness. This book brings together, in a single volume, the main management concepts relevant to the construction industry, providing an objective account of the concepts and showing how they interrelate: * value management * buildability * benchmarking * total quality management * partnering and alliancing * supply chain management (new for this edition) * re-engineering In addition to a new chapter, a new section on strategic alliancing has been added. Text and references have been updated throughout. |
| construction management business model: General Contractor Business Model for Smart Cities Elie Karam, 2022-04-19 This book covers three principal subject areas: smart cities, general contractors and business models. The smart city concept is currently on the rise and cities around the world appear to be in a race to become smart, fast. Converting big cities into smart cities is a move that almost all cities around the globe have made, or will undoubtedly make in the near future, to be able to cope with the various repercussions of urbanization. Smartness is a vague term that could relate to anything and everything, such as infrastructure, people or governance. In this book, we focus our attention on smart buildings - large ones, in particular - and attempt to identify the key problems that France-based construction companies face today, in order to suggest plausible solutions. Our research findings show that no single business model can fit all smart cities worldwide. Using the general contractor business model for smart cities, this book proposes an original solution to managing smart city projects, bringing together architecture, construction and strategy. |
| construction management business model: Business Model Generation Alexander Osterwalder, Yves Pigneur, 2013-02-01 Business Model Generation is a handbook for visionaries, game changers, and challengers striving to defy outmoded business models and design tomorrow's enterprises. If your organization needs to adapt to harsh new realities, but you don't yet have a strategy that will get you out in front of your competitors, you need Business Model Generation. Co-created by 470 Business Model Canvas practitioners from 45 countries, the book features a beautiful, highly visual, 4-color design that takes powerful strategic ideas and tools, and makes them easy to implement in your organization. It explains the most common Business Model patterns, based on concepts from leading business thinkers, and helps you reinterpret them for your own context. You will learn how to systematically understand, design, and implement a game-changing business model--or analyze and renovate an old one. Along the way, you'll understand at a much deeper level your customers, distribution channels, partners, revenue streams, costs, and your core value proposition. Business Model Generation features practical innovation techniques used today by leading consultants and companies worldwide, including 3M, Ericsson, Capgemini, Deloitte, and others. Designed for doers, it is for those ready to abandon outmoded thinking and embrace new models of value creation: for executives, consultants, entrepreneurs, and leaders of all organizations. If you're ready to change the rules, you belong to the business model generation! |
| construction management business model: Building a Successful Construction Company Paul Netscher, 2014-08-08 How you can make your construction company more profitable. A 'must read' before you price your next project.Many construction companies fail despite the hard work and knowledge of their managers and owners. Some companies even start well, earning good profits, building successful projects, and the company grows - only for it all to come crashing down, often leaving a mountain of debts behind. So why do construction companies fail? Is it due to bad luck?This book explores important aspects of managing a construction company that impact its success and profitability. Obviously managers should have an understanding of running a business as well as the appropriate technical skills. But, it's usually more than this. The chapters in this book focus on the importance of selecting the right project, how to find projects, tendering correctly, winning the project, delivering the project, avoiding unnecessary costs, increasing revenue, financial and contractual controls, managing the company, the importance of good people, growing the company and ensuring the company has a good reputation.The chapters are set out in an easy to read format, filled with practical tips, which provide a step-by-step guide to growing profits, remaining profitable and running a successful construction company. |
| construction management business model: Lean Construction Management Shang Gao, Sui Pheng Low, 2014-05-23 The book presents a mixed research method adopted to assess and present the Toyota Way practices within construction firms in general and for firms in China specifically. The results of an extensive structured questionnaire survey based on the Toyota Way-styled attributes identified were developed and data collected from building professionals working in construction firms is presented. The quantitative data presented in the book explains the status quo of the Toyota Way-styled practices implemented in the construction industry, as well as the extent to which these attributes were perceived for lean construction management. The book highlights all the actionable attributes derived from the Toyota Way model appreciated by the building professionals, but alerts the readers that some attributes felled short of implementation. Further findings from in-depth interviews and case studies are also presented in the book to provide to readers an understanding how these Toyota Way practices can be implemented in real-life projects. Collectively, all the empirical findings presented in this book can serve to enhance understanding of Toyota Way practices in the lean construction management context. The readers are then guided through to understand the gaps between actual practice and Toyota Way-styled practices, and the measures that they may undertake to circumvent the challenges for implementation. The book also presents to readers the SWOT analysis that addresses the strengths, weaknesses, opportunities and threats towards the implementation of the Toyota Way in the construction industry. The book prescribes the Toyota Way model for use in construction firms to strategically implement lean construction management. The checklist presented in the book enables readers to draw lessons that may be used additionally as a holistic assessment tool for measuring the maturity of firms with respect to their Toyota Way implementation. Consequent to this, management would then be in a better position to develop plans for Toyota Way implementation by focusing on weak areas, strengthening them, and thus increasing the likelihood of success in the implementation of the Toyota Way. In a nutshell, this book provides a comprehensive and valuable resource for firms not only in the construction industry but also businesses outside of the construction sector to better understand the Toyota Way and how this understanding can translate to implementation of lean construction/business management to enhance profitability and survivability in an increasingly competitive global market place. |
| construction management business model: The Construction Technology Handbook Hugh Seaton, 2021-01-07 Tired of new software that doesn't seem to work in the field? Ready to get your teams up to speed and productive with the latest tools? The Construction Technology Handbook takes a ground up, no jargon look at technology in the construction industry. From clear, quickly grasped explanations of how popular software actually works to how companies both large and small can efficiently try out and onboard new tools, this book unlocks new ways for construction field teams, firm owners, managers, leaders, and employees to do business. You'll learn about: Simple frameworks for making sense of all the new options cropping up How software and data work and how they work together to make your job easier and safer What artificial intelligence really is and how it can help real companies today Tools that are just over the horizon that will, one day, make your job just a little bit easier New and practical resources to help you incorporate an attitude of innovation and technology adoption into your workplace Perfect for general contractors and subcontractors, The Construction Technology Handbook also belongs on the bookshelves of construction technology vendors and construction workers who want to better understand the needs of the construction industry and the inner workings of construction technology, respectively. |
| construction management business model: Management of Global Construction Projects Edward Ochieng, Andrew Price, David Moore, 2017-09-16 The first textbook of its kind, taking a uniquely global approach to project management in construction. Using a wealth of case studies from around the world to explain theory and practice, the authors take a business-oriented, decision-making approach to project management and the challenges it faces in the modern world. The book covers topics highly relevant to the challenges and opportunities currently facing the global construction industry, including managing culturally-diverse and globally dispersed teams, international project finance and global stakeholders in projects. Management of Global Construction Projects is essential reading for both students of construction management and professionals looking to understand construction project management in a truly global context. |
| construction management business model: Chudley and Greeno's Building Construction Handbook Roy Chudley, Roger Greeno, Karl Kovac, 2024-05-31 The 13th edition of Chudley and Greeno’s Building Construction Handbook remains THE authoritative reference for all construction students and professionals. The principles and processes of construction are explained with the concepts of design included where appropriate. Extensive coverage of building construction practice, techniques and regulations representing both traditional procedures and modern developments are included to provide the most comprehensive and easy-to-understand guide to building construction. This new edition has been updated to reflect recent changes to the Building Regulations, as well as including new material on modern methods of construction, greater emphasis on sustainability, health and safety, and coverage of heat pumps, photovoltaics, underfloor heating and rainwater harvesting. Chudley and Greeno’s Building Construction Handbook is the essential, easy-to-use resource for undergraduate and vocational students on a wide range of courses including NVQ and BTEC National, through to Higher National Certificate and Diploma, to Foundation and three-year degree level. It is also a useful practical reference for building designers, contractors and others engaged in the construction industry. |
| construction management business model: LEED-New Construction Project Management (GreenSource) Vijaya Yellamraju, 2010-10-04 A One-Stop Guide to Managing LEED-New Construction Projects This GreenSource book explains, step by step, how to integrate LEED-New Construction (NC) rating system requirements into the building design and construction processes. Project planning, goals, coordination, implementation, and documentation are covered in detail. LEED-New Construction Project Management provides a tested framework for taking a project from inception to successful certification and shows you how to master the tools to make the process more efficient. Three in-depth case studies covering new commercial building construction, major renovations, and a portfolio of buildings highlight the strategies presented in the book. LEED-New Construction Project Management covers: The LEED rating system and LEED-NC credit categories The project management process Project definition and goal setting Design phase integration Construction phase implementation The LEED process: adaptability, applicability, and best practices Future trends Credit implementations: sustainable sites; water efficiency; energy and atmosphere; materials and resources; indoor environmental quality; innovation in design |
| construction management business model: Construction Project Management Frederick E. Gould, Nancy Eleanor Joyce, 2009 This text provides readers with a complete overview of the construction industry. While looking at recent innovattions in technology and process, it explores the people that are part of the industry and how they work together. |
| construction management business model: Large-Scale Construction Project Management Yan Tan, 2020-04-02 A majority of large-scale construction and major infrastructure projects are funded by public funds from taxpayers. However, these projects are often subject to severe delays and cost overruns. Large-Scale Construction Project Management: Understanding Legal and Contract Requirements introduces integrated approaches to project management and control mechanisms to effectively manage large-scale construction projects. It explains the contractual requirements and associated legal principles under the latest edition of the leading standard forms of contracts, including FIDIC 2017, NEC4, and JCT 2016. It explains integrated project governance regarding time, cost, risk, change, contract management, and more. Further, it discusses the legal issues of scheduling delays and disruptions regarding the Delay and Disruption Protocol (Society of Construction Law) as well as Forensic Schedule Analysis guidance (American Association of Cost Engineering). Features: Provides strategies to effectively resolve disputes during construction projects Examines Quantitative Schedule Risk Analysis (QSRA) and Quantitative Cost Risk Analysis (QCRA) Introduces the most recent software and techniques used in managing large-scale construction projects This book serves as a useful resource for project control and management professionals, researchers in construction management and project management, and students in building construction management and project management. |
| construction management business model: Field Guide for Construction Management Dennis H. Sanders, 2011-12-19 From any perspective, the ideal construction project is one in which the contractor shows up on your doorstep with the right price and all of his tools, people, and equipment ready to start, and builds exactly what you want for the price you want and finish on schedule. Everyone then goes away, happy as clams. This is the ideal, but it never occurs. The world is a competitive place; to survive, contractors must think competitively in order to win work. They must find a way to complete a quality project for the lowest price. Circumstances can easily derail even the best plans and contractors, but with planning, delays and cost overruns can be minimized. This handbook helps guide the construction manager through the trials and tribulations of selecting, expecting, rejecting, prompting, requiring, and documenting what the contractor produces on the project. Contracts can be written that foresee common problems and provide the construction manager with their resolution. The concepts in Field Guide for Construction Management can help you do just that. |
| construction management business model: Digital Transformation of the Design, Construction and Management Processes of the Built Environment Bruno Daniotti, Marco Gianinetto, Stefano Della Torre, 2019-12-30 This open access book focuses on the development of methods, interoperable and integrated ICT tools, and survey techniques for optimal management of the building process. The construction sector is facing an increasing demand for major innovations in terms of digital dematerialization and technologies such as the Internet of Things, big data, advanced manufacturing, robotics, 3D printing, blockchain technologies and artificial intelligence. The demand for simplification and transparency in information management and for the rationalization and optimization of very fragmented and splintered processes is a key driver for digitization. The book describes the contribution of the ABC Department of the Polytechnic University of Milan (Politecnico di Milano) to R&D activities regarding methods and ICT tools for the interoperable management of the different phases of the building process, including design, construction, and management. Informative case studies complement the theoretical discussion. The book will be of interest to all stakeholders in the building process – owners, designers, constructors, and faculty managers – as well as the research sector. |
CHANGING BUSINESS MODELS: IMPLICATIONS FOR …
WHAT IS A BUSINESS MODEL? value proposition A firm’s is the customer need, or demand, that the firm has decided to address to deliver value.
Commercial management of construction - RICS
This practice information outlines the role of commercial management in construction, providing a framework of guidance covering the most common tasks that a commercial manager will …
Business model of construction organization management …
As a result, the investigations of indicators of a new industrial base in construction are distinguished by the authors and the characteristic features of building business model of …
Lean Construction Principles Past and Present A Business …
Since construction speed is embodied in the lean construction concept, tools such as modular construction are very important in achieving the lean process goal with respect to adding value …
Business Investment for Construction Management Company
Construction management businesses are typically very similar to each other in their services and value propositions. The term construction management means a business unit which has only …
SUSTAINABLE BUSINESS PROCESS MANAGEMENT MODEL …
Management (SBPM) model that improves and visualizes the process, executes and controls the systems and participants, and monitors and sustains business process improvement of the …
Digital Transformation: The Future of Connected Construction …
Business Model Innovations in the Building Construction …
business model is defined as part of a business strategy that explains the process and rationale of how a business creates and capitalizes economic value, thereby impacting its value …
Construction Management Business Model (PDF)
Construction Management Business Model: Managing the Profitable Construction Business Thomas C. Schleifer,Kenneth T. Sullivan,John M. Murdough,2014-02-21 Take control of your …
Modelling of Talent Management on Construction - IJBMC …
This study investigates a business analytics model of talent management to predict the performance of construction companies in Bangkok, Thailand. The online convenience …
DEFINING CONSTRUCTION PROJECT MANAGEMENT - Leeds …
the well known European Foundation for Quality Management (EFQM) business excellence model. A project management CSF model, based on the causal structure of the business …
Position paper on contracting delivery models - PwC
Under an EPCM structure, the Owner engages an EPCM Contractor to carry out the engineering design, and to manage the procurement and construction of the project. The Owner enters into …
Management (EPCM) and Delivery Partner Models - PwC
Over the course of PwC’s experience working with clients on large scale public infrastructure projects, it has become apparent that there are significant differences in the application and …
BUSINESS MODEL CHANGES IN GREEN CONSTRUCTION: A …
As the first step to remedy this shortcoming, this paper reviews publications to infer how they have implicitly analyzed business models of green construction.
Industrial operation model for the construction industry
Our study is qualitative in nature, aiming to describe the IOM and its elements. This study began with a literature review on BMs, operative business processes, and continuous improve-ment …
Project-based business models in the construction industry – …
Unlike the common firm-level business model approach, a project-based business model allows for a comprehensive view of the value creation, delivery, proposition, and capture of all the key …
The pros and cons of a D&C construction delivery model
Construction delivery models vary enormously and include Construct Only; Public Private Partnerships (PPPs); Managing Contractor; Construction Management; Direct-managed; Early …
Exploring Circular Economy Business Model for Construction: …
Mar 10, 2025 · Thus, this study aims to identify key research clusters and trends in CEBMs for construction and highlight areas with limited research through keyword analysis and co-citation …
Research on profit model construction and risk management …
To construct the profit model of entrepreneurial enterprises, the core should be defined as value creation. This determines that enterprises should not only focus on product and service …
CHANGING BUSINESS MODELS: IMPLICATIONS FOR …
WHAT IS A BUSINESS MODEL? value proposition A firm’s is the customer need, or demand, that the firm has decided to address to deliver value.
Commercial management of construction - RICS
This practice information outlines the role of commercial management in construction, providing a framework of guidance covering the most common tasks that a commercial manager will …
Business model of construction organization management …
As a result, the investigations of indicators of a new industrial base in construction are distinguished by the authors and the characteristic features of building business model of …
CONSTRUCTING ARCHETYPES: MAPPING BUSINESS MODELS …
We start by reviewing literature on business models in construction and present a theoretical frame for understanding different types of business models. Hereafter, we present the applied …
Lean Construction Principles Past and Present A Business …
Since construction speed is embodied in the lean construction concept, tools such as modular construction are very important in achieving the lean process goal with respect to adding value …
Business Investment for Construction Management Company
Construction management businesses are typically very similar to each other in their services and value propositions. The term construction management means a business unit which has only …
SUSTAINABLE BUSINESS PROCESS MANAGEMENT MODEL …
Management (SBPM) model that improves and visualizes the process, executes and controls the systems and participants, and monitors and sustains business process improvement of the …
Digital Transformation: The Future of Connected …
The construction industry is heavily affected all over the world – lower infrastructure spending and market demand, labor movement, rise in materials costs and decreased productivity vary …
Business Model Innovations in the Building Construction …
business model is defined as part of a business strategy that explains the process and rationale of how a business creates and capitalizes economic value, thereby impacting its value …
Construction Management Business Model (PDF)
Construction Management Business Model: Managing the Profitable Construction Business Thomas C. Schleifer,Kenneth T. Sullivan,John M. Murdough,2014-02-21 Take control of your …
Modelling of Talent Management on Construction - IJBMC …
This study investigates a business analytics model of talent management to predict the performance of construction companies in Bangkok, Thailand. The online convenience …
DEFINING CONSTRUCTION PROJECT MANAGEMENT
the well known European Foundation for Quality Management (EFQM) business excellence model. A project management CSF model, based on the causal structure of the business …
Position paper on contracting delivery models - PwC
Under an EPCM structure, the Owner engages an EPCM Contractor to carry out the engineering design, and to manage the procurement and construction of the project. The Owner enters into …
Management (EPCM) and Delivery Partner Models - PwC
Over the course of PwC’s experience working with clients on large scale public infrastructure projects, it has become apparent that there are significant differences in the application and …
BUSINESS MODEL CHANGES IN GREEN CONSTRUCTION: A …
As the first step to remedy this shortcoming, this paper reviews publications to infer how they have implicitly analyzed business models of green construction.
Industrial operation model for the construction industry
Our study is qualitative in nature, aiming to describe the IOM and its elements. This study began with a literature review on BMs, operative business processes, and continuous improve-ment …
Project-based business models in the construction industry – …
Unlike the common firm-level business model approach, a project-based business model allows for a comprehensive view of the value creation, delivery, proposition, and capture of all the key …
The pros and cons of a D&C construction delivery model
Construction delivery models vary enormously and include Construct Only; Public Private Partnerships (PPPs); Managing Contractor; Construction Management; Direct-managed; Early …
Exploring Circular Economy Business Model for …
Mar 10, 2025 · Thus, this study aims to identify key research clusters and trends in CEBMs for construction and highlight areas with limited research through keyword analysis and co-citation …
Research on profit model construction and risk …
To construct the profit model of entrepreneurial enterprises, the core should be defined as value creation. This determines that enterprises should not only focus on product and service …
