The world of construction is intrinsically linked with that of finance,
from the procurement and tendering stage of projects right through to
valuation of buildings. In addition to this, things like
administrations, liquidations, mergers, take-overs, buy-outs and
floatations affect construction firms as they do all other companies.
This book is a rare explanation of common construction management
activities from a financial point of view. While the practical side of
the industry is illustrated here with case studies, the authors also
take the time to build up an understanding of balance sheets and P&L
accounts before explaining how common tasks like estimating or valuation
work from this perspective.
Readers of this book will not only learn how to carry out the tasks of a
construction cost manager, quantity surveyor or estimator, they will
also understand the financial logic behind them, and the motivations
that drive senior management. This is an essential book for students of
quantity surveying or construction management, and all ambitious
practitioners.