How you can make your construction company more profitable. A 'must read' before you price your next project.
Many construction companies fail despite the hard work and knowledge of their managers and owners. Some companies even start well, earning good profits, building successful projects, and the company grows – only for it all to come crashing down, often leaving a mountain of debts behind. So why do construction companies fail? Is it due to bad luck?
This book explores important aspects of managing a construction company that impact its success and profitability. Obviously managers should have an understanding of running a business as well as the appropriate technical skills. But, it’s usually more than this. The chapters in this book focus on the importance of selecting the right project, how to find projects, tendering correctly, winning the project, delivering the project, avoiding unnecessary costs, increasing revenue, financial and contractual controls, managing the company, the importance of employing good people, growing the company and ensuring the company has a good reputation.
The chapters are set out in an easy to read format, filled with practical tips, which provide a step-by-step guide to growing profits, remaining profitable and running a successful construction company.
Paul Netscher packs his construction books with practical knowledge and experience gained over 28 years, on 120 construction projects in 6 countries. He managed his own projects and served in senior management positions with various construction companies. Few have been as fortunate as Paul to be involved in such a wide range of construction projects including reservoirs, dams, water treatment plants, roads, bridges, houses, shopping malls, office blocks and industrial, mining and petrochemical facilities. Paul Netscher's books 'Successful Construction Project Management: The Practical Guide' and 'Building a Successful Construction Company: The Practical Guide' and 'Construction Claims: A Short Guide for Contractors' have received excellent reviews and have been appreciated by students, those new to the construction industry as well as seasoned construction professionals. His books have been quoted in research papers. Paul recently published 'Construction Project Management: Tips and Insights' which contains many of Paul's blogs and articles which have been enjoyed and shared by thousands. 'Construction Management: From Project Concept to Completion' is Paul's latest book. Another easy to read practical book filled with examples takes the reader from project concept, deciding what to construct and when, through team selection, investigations, contractor selection, preliminary works, construction, commissioning and completion, with chapters on financial, programme and contractual aspects. An essential book for every project owner and project manager. Paul Netscher publishes regular articles which are keenly read by his followers. He also runs construction management workshops, lectures and mentors individuals and companies. Visit: www.pn-projectmanagement.com for more construction articles and information.