Markup & Profit

Markup & Profit
Author: Michael Stone
Publisher: Craftsman Book Co
Total Pages: 316
Release: 1999-01-01
Genre: Technology & Engineering
ISBN: 9781572180710

In order to succeed in a construction business you have to be able to mark up the price of your jobs to cover overhead expenses and make a decent profit. The problem is how much to mark it up. You don't want to lose jobs because you charge too much, and you don't want to work for free because you've charged too little. If you know how much to mark up you can apply it to your job costs and arrive at the right sales price for your work. This book gives you the background and the calculations necessary to easily figure the markup that is right for your business. Includes a CD-ROM with forms and checklists for your use.

Cost and Assessment Guide: Best Practices for Estimating and Managing Program Costs

Cost and Assessment Guide: Best Practices for Estimating and Managing Program Costs
Author: Barry Leonard
Publisher: DIANE Publishing
Total Pages: 440
Release: 2008-04
Genre: Business & Economics
ISBN: 1428989013

Contents: Characteristics of Credible Cost Estimates & a Reliable Process for Creating Them; Why Cost Estimates Are Required for Gov¿t. Programs & Challenges in Developing Results; Criteria for Cost Estimating, EVM, & Data Reliability; Cost Analysis Overview; The Cost Estimate¿s Purpose, Scope, & Schedule; The Cost Assessment Team; Technical Baseline Description; Work Breakdown Structure; Ground Rules & Assumptions; Data; Developing a Point Estimate; Estimating Software Costs; Sensitivity Analysis; Cost Risk & Uncertainty; Validating the Estimate; Documenting the Estimate; Presenting the Estimate to Mgmt.; Managing Program Costs: Planning, Execution, & Updating; & Appendixes. Tables, Figures, & Checklists.

Estimating Building Costs for the Residential and Light Commercial Construction Professional

Estimating Building Costs for the Residential and Light Commercial Construction Professional
Author: Wayne J. Del Pico
Publisher: John Wiley & Sons
Total Pages: 616
Release: 2012-04-30
Genre: Technology & Engineering
ISBN: 1118243544

How to succeed in the construction business step-by-step guidelines for estimating To be competitive, contractors and homebuilders need to know how to generate complete, accurate estimates for labor and material costs. This book guides readers through the entire estimating process, explaining in detail how to put together a reliable estimate that can be used not only for budgeting, but also for developing a schedule, managing a project, dealing with contingencies, and ultimately making a profit. Completely revised and updated to reflect the new CSI MasterFormat 2010TM system, the Second Edition of this practical guide describes estimating techniques for each building system and how to apply them according to the latest industry standards. Cost considerations and quantity takeoff and pricing are included for virtually every type of work found in residential and light commercial projects, from demolition, concrete, and masonry to windows and doors, siding, roofing, mechanical and electrical systems, finish work, and site construction. Complete with many new graphics and references to professional construction cost databases, the new edition provides experienced contractors and novices alike with essential information on: How to correctly interpret plans and specifications, reflecting updates to contract documents since the first edition Computer estimating techniques and new estimating software for performing quantity takeoff The best methods for conceptual estimating as well as the extremely useful topic of parametric estimating How to allocate the right amounts for profit and contingencies, and other hard-to-find professional guidance How a unit price estimate is built along with labor issues and budgeting for subcontractor work

Construction Management for Industrial Projects

Construction Management for Industrial Projects
Author: Mohamed A. El-Reedy
Publisher: John Wiley & Sons
Total Pages: 274
Release: 2012-11-27
Genre: Technology & Engineering
ISBN: 1118107225

This book presents techniques for effective and successful project management across all phases of the project, covering all of the management tools and leadership skills for any industrial project, from the beginning of the project, through the feasibility study, execution, and through to operations and maintenance strategy. This book presents advanced modern tools for use by management and engineers in decision making, and it covers the gap between project management theories of the actual project. All statistical tools and probability distributions are discussed for use in the qualitative risk assessment of the project. The Monte-Carlo simulation technique is presented as a tool for risk assessment in the feasibility study phase and the construction management skills that are required on site to control the different parameters that affect quality, time and cost are discussed. The new concept of the total building commissioning technique will be presented, as well, a new method that is not covered in other volumes. Moreover, all the methods that are used in the economic analysis and the evaluation between alternatives are illustrated. The planning and scheduling of the project are illustrated by the Critical Path Method (CPM) and the Program Evaluation and Review Technique (PERT). The control of resources and costs are very important issues that are covered in the book, and these provide the main tools for controlling and monitoring the performance of the project. Tendering, bidding and contracting methods are critical issues in any project due to their impact on the project performance and are discussed along with different methods and ways for dealing with these issues worldwide and on international projects. Resources organization and ways for enhancing project performance by controlling individual attitudes are very important issues that are clarified. Finally, managing project risk is the main tool for a successful project, so all the techniques for risk analysis, assessment and evaluation is presented. This volume is a "one-stop shop" for project and construction management of industrial projects, for engineers, managers, owners, and anyone else working on the project.