E-Book, Englisch, EPUB
Reihe: The Economics of Big Business
ISBN: 978-1-78821-171-0
Verlag: Agenda Publishing
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)
Stephen Gruneberg and Noble Francis present an up-to-date analysis of how construction markets operate, how firms collaborate on projects, and how their business models work. They explore the many distinctive features of the economics of the industry, such as the use of cost-reduction rather than profit-maximizing behaviour, the processes of tendering and procurement, and the often cyclical nature of demand. Particular challenges for the industry, such as the frequency of disputes between firms and the low productivity of the sector, are shown to be the outcomes of a business model that tends to focus on the volatility of demand and managing risk at the expense of improving efficiency. As well as discussing industry-wide issues, the authors also examine how individual projects are costed.
The book offers authoritative analysis and expert insight into the economics of a much misunderstood industry and is suitable for a range of courses in business schools and departments of architecture and the built environment.
Autoren/Hrsg.
Weitere Infos & Material
1. Getting to grips with construction industry statistics
2. Economic theory of markets and construction
3. Running a construction firm
4. The firm and economies of growth
5. Productivity and the construction market
6. The game of construction
7. The underlying causes of conflict in construction
8. Construction and cyclicality
9. Projects
10. The economics of construction project management