Construction Business for the 21st Century - 9781032815398

Taylor & Francis Ltd

Construction Business for the 21st CenturyManaging Risk and Improving Profits\nAuthor(s): Thomas C. Schleifer\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781032815398, 978-1032815398\nSynopsis\nConstruction Business for the 21st Century: Managing Risk and Improving Profits covers the business side of construction contracting. This book provides 21st-century processes, procedures, and practices that will advance the construction industry into the future.\n\nThe industry that built the United States suffers from diminishing profit margins, causing it to have the second highest failure rate in the nation. Drawing from decades of research into the causes of contractor failure, the author offers solutions for improved profits and risk management and identifies legacy industry practices that have become obsolete. The topics covered, such as project selection, the low-bid process, risk identification and management, and understanding.