Construction Cost Management Cost Engineering Cost Controls Controlled Bidding

BUDGETING DESIGN TO COST EVALUATION COST REDUCTION PRE-CONSTRUCTION ACTIVITIES BIDDING / NEGOTIATING GMP CONTRACTS CHANGE ORDER MANAGEMENT IN-HOUSE PROJECT MANAGEMENT CONTROLLED BIDDING POLICY SAMPLE FORMS

A comprehensive treatment of the fundamental concepts, methods and applications of cost control for a variety of construction project sizes and contract types. Begins with the preconstruction phase and continues through the construction and commissioning phases. Provides a detailed explanation of a cost plan and principles relating to conventional and CPM-based computerized control of progress, manhours, materials, equipment, subcontract costs, indirect costs and change orders. Treats the latest advances with network-based methods and computers, claims, cash flow forecasts and trends. Includes flow charts, tables, reports, glossary, bibliography, and an appendix that illustrates estimating and cost breakdown structure.

This book explains the basic and advanced aspects of engineering economics, cost estimating, cost control, cost forecasting, and planning and scheduling. It is intended for engineers, architects, and managers involved in or planning to be involved in engineering and construction projects.

Offers coverage of each important step in engineering cost control process, from project justification to life-cycle costs. The book describes cost control systems and shows how to apply the principles of value engineering. It explains estimating methodology and the estimation of engineering, engineering equipment, and construction and labour costs

Management and administrative processes within the construction industry have been undergoing major changes in the last several decades. These changes have involved significant adjustments in management science and manage ment techniques, brought about by the need for contemporary valid informa tion with which to manage the construction process. In short, management in the construction industry is changing significantly; change will continue at an accelerated pace at least through the next decade. The responses required of construction industry management are now resulting in a movement away from an entrepreneurial management style to professional management tech niques and procedures. THE COMPELLING ECONOMIC ISSUES The issues forcing these changes are economic. The rising costs of construction and of money are forcing the buyers of construction services to be more demanding. Their demands are for more construction economies, more pro duction, and more productivity than at any time in the past. Nowhere has this been more evident than in the Business Roundtable on construction and in the response of the construction industry to it.· To be successfully responsive, management in the construction industry will be required to use the best project management methods available for cost control, schedule control, and for financial and accounting controls. But responsive professional management can survive and will flourish within this more demanding eco nomic environment.

Making the specifics of a complex concern accessible and its handling quite manageable, this fourth edition of the Project and Cost Engineers' Handbook examines the variables associated with international projects and project risk analysis. It provides instruction on contingency planning, delves into ethical considerations, considers the imp