Broken Buildings, Busted Budgets

Broken Buildings, Busted Budgets
Author: Barry B. LePatner
Publisher: University of Chicago Press
Total Pages: 240
Release: 2008-09-15
Genre: Architecture
ISBN: 0226472698

Addressing the out-of-control delays and cost overruns of construction projects across the nation, prominent construction attorney LePatner builds a powerful case for change in an industry that consumes $1.23 trillion and wastes at least $120 billion each year.

Too Big to Fall

Too Big to Fall
Author: Barry B. LePatner
Publisher: UPNE
Total Pages: 265
Release: 2010
Genre: Business & Economics
ISBN: 0984497803

A comprehensive overview of the shocking state of our nation's infrastructure and what must be done to fix it

Building Lean, Building BIM

Building Lean, Building BIM
Author: Rafael Sacks
Publisher: Routledge
Total Pages: 408
Release: 2017-12-06
Genre: Architecture
ISBN: 1315300508

Building Lean, Building BIM is the essential guide for any construction company that wants to implement Lean Construction and Building Information Modelling (BIM) to gain a strategic edge over their competition. The first of its kind, the book outlines the principles of Lean, the functionality of BIM, and the interactions between the two, illustrating them through the story of how Tidhar Construction has implemented Lean Construction and BIM in a concerted effort over four years. Tidhar is a small-to-medium-sized construction company that pioneered a way of working that gave it a profit margin unheard of in its market. The company's story serves as a case study for explanation of the various facets of Lean Construction and BIM. Each chapter defines a principle of Lean and/or BIM, describes the achievements and failures in Tidhar's implementation based on the experiences of the key people involved, and reviews the relevant background and theory. The implementation at Tidhar has not been a pure success, but by examining their motives alongside their achievements and failures, readers will learn about what pitfalls and pinnacles to expect. A number of chapters also compare the experience of Tidhar with those of other companies who are leaders in their fields, such as Skanska and DPR. This book is highly relevant and useful to a wide range of readers from the construction industry, especially those who are frustrated with the inefficiencies in their companies and construction projects. It is also essential reading for Lean and BIM enthusiasts, researchers and students from a variety of industries and backgrounds.

Other People's Money

Other People's Money
Author: Charles V. Bagli
Publisher: Penguin
Total Pages: 434
Release: 2014-03-25
Genre: Business & Economics
ISBN: 0142180718

A veteran New York Times reporter dissects the most spectacular failure in real estate history Real estate giant Tishman Speyer and its partner, BlackRock, lost billions of dollars when their much-vaunted purchase of Stuyvesant Town–Peter Cooper Village in New York City failed to deliver the expected profits. But how did Tishman Speyer walk away from the deal unscathed, while others took the financial hit—and MetLife scored a $3 billion profit? Illuminating the world of big real estate the way Too Big to Fail did for banks, Other People’s Money is a riveting account of politics, high finance, and the hubris that ultimately led to the nationwide real estate meltdown.

The Commercial Real Estate Revolution

The Commercial Real Estate Revolution
Author: Rex Miller
Publisher: John Wiley & Sons
Total Pages: 91
Release: 2009-07-08
Genre: Business & Economics
ISBN: 0470523700

As it currently operates, the commercial real estate construction industry is a disaster full of built-in waste. Seventy-percent of all projects end over budget and late. The buildingSMART Alliance estimates that up to fifty-percent of the process is consumed in waste. Almost every project includes massive hidden taxes in the form of delays, cost overruns, poor quality, and work that has to be redone. Building new structures is a fragmented, adversarial process that commonly results in dissatisfied customers and frequently ends in disappointment, bitterness, and even litigation. The industry must change—for its own good and that of its customers. But while the industry has tried to reform itself, it can’t do it alone. Real change can only come from business owners and executives who refuse to continue paying for a dysfunctional system and demand a new way of doing business. The Commercial Real Estate Revolution is a bold manifesto for change from the Mindshift consortium—a group of top commercial real estate industry leaders who are fed up with a system that simply doesn’t work. The book explains how business leaders can implement nine principles for any project that will dramatically cut costs, end delays, create better buildings, and force the industry into real reform. The Commercial Real Estate Revolution offers a radically new way of doing business—a beginning-to-end, trust-based methodology that transforms the building process from top to bottom. Based on unifying principles and a common framework that meets the needs of all stakeholders, this new system can reform and remake commercial construction into an industry we’re proud to be a part of. If you’re one of the millions of hardcore cynics who work in commercial construction, you probably think this sounds like pie in the sky. But this is no magic bullet; it’s a call for real reform. If you’re an industry professional who’s sick of letting down clients or an owner who’s sick of cost overruns and endless delays, The Commercial Real Estate Revolution offers a blueprint for fixing a broken industry.

A Better Way to Build

A Better Way to Build
Author: Michael R. Adamson
Publisher: Purdue University Press
Total Pages: 399
Release: 2013-01-15
Genre: Business & Economics
ISBN: 1612492312

While architects have been the subject of many scholarly studies, we know very little about the companies that built the structures they designed. This book is a study in business history as well as civil engineering and construction management. It details the contributions that Charles J. Pankow, a 1947 graduate of Purdue University, and his firm have made as builders of large, often concrete, commercial structures since the company's foundation in 1963. In particular, it uses selected projects as case studies to analyze and explain how the company innovated at the project level. The company has been recognized as a pioneer in "design-build," a methodology that involves the construction company in the development of structures and substitutes negotiated contracts for the bidding of architects' plans. The Pankow companies also developed automated construction technologies that helped keep projects on time and within budget. The book includes dozens of photographs of buildings under construction from the company's archive and other sources. At the same time, the author analyzes and evaluates the strategic decision making of the firm through 2004, the year in which the founder died. While Charles Pankow figures prominently in the narrative, the book also describes how others within the firm adapted the business so that the company could survive a commercial market that changed significantly as a result of the recession of the 1990s. Extending beyond the scope of most business biographies, this book is a study in industry innovation and the power of corporate culture, as well as the story of one particular company and the individuals who created it.

The Construction MBA: Practical Approaches to Construction Contracting

The Construction MBA: Practical Approaches to Construction Contracting
Author: Matt Stevens
Publisher: McGraw Hill Professional
Total Pages: 513
Release: 2012-07-02
Genre: Architecture
ISBN: 0071763260

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

Winning Now, Winning Later

Winning Now, Winning Later
Author: David M. Cote
Publisher: HarperCollins Leadership
Total Pages: 288
Release: 2020-06-30
Genre: Business & Economics
ISBN: 1599510227

From local coffee shops to the largest Fortune 500 companies, everyone is struggling to make the impossible choice between chasing short-term objectives and creating a secure future for their company. David Cote understood this dilemma and rejected it. In these pages, he shows you how taking the same revolutionary approach might be the smartest business decision you’ll ever make. This book reveals the bold the operational reforms and counterintuitive leadership practices you can put into practice that will allow you to do two conflicting things at the same time—pursue strong short- and long-term results. This tested and proven approach can strengthen your business like never before, and even rescue it from the brink of disaster no matter how dire the current circumstances may seem. In Winning Now, Winning Later, Cote shares 10 essential principles for winning today and tomorrow such as: Spot practices that seem attractive in the short term but will cost the company in the future Determine where and how to invest in growth for maximum impact Sustain both short-term performance and long-term investments even in challenging times, such as during recessions and leadership transitions Feel inspired to stand up to investors and other managers who are solely focused on either short- or long-term objectives Step back, think independently, and foster independent thinking among others around you Presenting a comprehensive solution to a perennial problem, Winning Now, Winning Later is a go-to guide for you and leaders everywhere to finally transcend short-termism’s daily grind and leave an enduring legacy of success.

Good Guys, Wiseguys, and Putting Up Buildings

Good Guys, Wiseguys, and Putting Up Buildings
Author: Samuel C. Florman
Publisher: Macmillan
Total Pages: 353
Release: 2012-03-13
Genre: Biography & Autobiography
ISBN: 1429941081

Good Guys, Wiseguys, and Putting Up Buildings is an engaging memoir about one man's career in construction--rising to the top of an industry renowned for crime, corruption, violence, physical danger, and the chronic risk of financial catastrophe. Starting in the Navy Seabees at the end of WWII, Samuel C. Florman made his way as a general contractor in New York City through the period of explosive development, private exuberance and the historic growth of publicly supported housing--all amidst the rise of the notorious Mafia families, and evolution of the Civil Rights Movement. His storied career brought him into contact with a variety of personalities: politicians and civil servants, developers and technocrats, saintly do-gooders and corrupt rapscallions. Along with the rousing adventures there were satisfactions of a different sort: the enchantment of seeing architecture made real; the pride of creating housing, hospitals, schools, places of worship--shelter for the body and nourishment for the spirit.

Building Knowledge, Constructing Histories

Building Knowledge, Constructing Histories
Author: Ine Wouters
Publisher: CRC Press
Total Pages: 1394
Release: 2018-09-05
Genre: Technology & Engineering
ISBN: 0429013620

Building Knowledge, Constructing Histories brings together the papers presented at the Sixth International Congress on Construction History (6ICCH, Brussels, Belgium, 9-13 July 2018). The contributions present the latest research in the field of construction history, covering themes such as: - Building actors - Building materials - The process of building - Structural theory and analysis - Building services and techniques - Socio-cultural aspects - Knowledge transfer - The discipline of Construction History The papers cover various types of buildings and structures, from ancient times to the 21st century, from all over the world. In addition, thematic papers address specific themes and highlight new directions in construction history research, fostering transnational and interdisciplinary collaboration. Building Knowledge, Constructing Histories is a must-have for academics, scientists, building conservators, architects, historians, engineers, designers, contractors and other professionals involved or interested in the field of construction history.