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Value Creation Within The Construction Industry
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Book Synopsis Value Creation Within the Construction Industry by : Joachim Vogt
Download or read book Value Creation Within the Construction Industry written by Joachim Vogt and published by Peter Lang. This book was released on 2011 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mergers & Acquisitions (M&A) are important strategic business options for corporations. Yet, the understanding of industry-specific drivers of M&A transactions is more than limited. Characterized by highly fragmented markets, cross-company production structures and increasing international business scope, the construction industry represents an attractive field of research to address questions on M&A motives. Based on comprehensively selected datasets and state-of-the-art empirical methods, the study illustrates the motives, the strategy and the effects of M&A transaction within the construction industry. Overall the analyzed M&A transactions tend to lead to an increase of corporate wealth. Important factors for a positive development comprise the peculiarities of the construction industry, the general market conditions and the nature of many takeovers. Still, the M&A transactions may also cause significant value destruction and may even lead to a failure of a company if an inappropriate strategy is applied.
Book Synopsis Social Value in Construction by : Ani Raiden
Download or read book Social Value in Construction written by Ani Raiden and published by Routledge. This book was released on 2018-12-07 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the concept of social value is not new, recent interest in social value in construction has grown because of new social procurement legislation around the world and an increasing acceptance of the need to ensure construction projects provide social value, rather than simply economic value. Despite this growing recognition, literature and professional guidance on the subject is hard to find. This is the first book looking at social value in construction and it sets the agenda by asking and answering important questions like: How is the construction industry developing and supporting social enterprise and social value and for who? How and when is the industry recording and measuring social value and its effect? Which organisations are doing things well and what can we learn from their experiences? What can industry players do together to consolidate efforts and drive improvements? What are the key challenges in the field and what does the future look like? Drawing on a variety of professional and academic experiences and disciplines, the authors present global perspectives and lay the foundations for creating social value in the construction industry. This timely book makes use of real-life case studies and examples of best practice to demonstrate how innovative companies can utilise contemporary research to create social value through their projects. It is time the construction industry viewed community involvement and corporate social responsibility as an opportunity rather than a risk, and this is the book that shows the industry how. This is essential reading for all professionals in the construction, engineering, architecture and built environment sector. In particular, project managers, clients, contract managers, quantity surveyors, CSR and HR personnel will gain a lot from reading this book.
Book Synopsis Lean Project Delivery and Integrated Practices in Modern Construction by : Lincoln H. Forbes
Download or read book Lean Project Delivery and Integrated Practices in Modern Construction written by Lincoln H. Forbes and published by Routledge. This book was released on 2020-04-01 with total page 613 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lean Project Delivery and Integrated Practices in Modern Construction is the new and enhanced edition of the pioneering book Modern Construction by Lincoln H. Forbes and Syed M. Ahmed. This book provides a multi-faceted approach for applying lean methodologies to improve design and construction processes. Recognizing the wide diversity in the landscape of projects, and encompassing private and public sector activity, buildings and infrastructure, the book expands upon the detailed coverage of integrated project delivery and new lean tools and techniques to include: Greater emphasis on the importance of creating a lean culture and the initiatives required to transform the industry; Expanded discussions of the foundational writings in lean construction theory; Exploration of the synergies between "lean" and "green" initiatives; Specific procedures for modifying planning and scheduling activities to improve the performance of the project team; Expanded sections on quality, and topics that have become a part of the lean lexicon, such as Choosing by Advantages, "line of balance"/location-based scheduling, virtual design teams, takt time planning and set-based design; Discussion questions for beginners and advanced lean practitioners; and Improved cross-referencing within the text to help the reader navigate the frameworks, techniques and tools to support the application of lean principles. The techniques described here enhance the use of resources, reducing waste, minimizing delays, increasing quality and reducing overall costs. They enable practitioners to improve the quality of the built environment, secure higher levels of customer/owner satisfaction, and simultaneously improve their profitability. This book is essential reading for all those wanting to be at the forefront of construction management and lean thinking.
Book Synopsis Value Management of Construction Projects by : John Kelly
Download or read book Value Management of Construction Projects written by John Kelly and published by John Wiley & Sons. This book was released on 2014-11-17 with total page 581 pages. Available in PDF, EPUB and Kindle. Book excerpt: Value Management is a philosophy, set of principles and a structured management methodology for improving organisational decision-making and value-for-money. The second edition builds on the success of the first edition by extending the integrated value philosophy, methodology and tool kit to describe the application of Value Management to the areas of service delivery, asset management, and, Programmes, in addition to Projects, products and processes. Value Management is a well-established methodology in the international construction industry, and in the UK has been endorsed as good practice in a range of government sponsored reports. In this book the authors have addressed the practical opportunities and difficulties of Value Management by synthesising the background, international developments, benchmarking and their own extensive consultancy and action research experience in Value Management to provide a comprehensive package of theory and practice. The second edition retains the structure of the first edition, covering methods and practices, frameworks of value and the future of value management. It has been thoroughly updated, and a number of new chapters added to encapsulate further extensions to current theory and practice. In particular, the new edition responds to: A range of recent UK industry and government publications; and most notably BS EN 16271:2012 - Value management: Functional expression of the need and functional performance specification; the imminent update of BS EN 12973:2000 Value Management; BS EN 1325 Value Management -- Vocabulary, Terms and definitions; the changes to "Value for Europe" governing the training and certification of Value Management in European Union countries; the UK Government’s Management of Value (MoV) initiative, together with other leading reports, international guidance and standards on Value Management. Research in Value Management undertaken since publication of the first edition. Changes in Value Management practice particularly in Programmes and Projects. Developments in the theory of value, principally value for money measures, whole life value option appraisal, and benefits realisation. Initiatives in asset management initiatives covering the management of physical infrastructure, for example the recent launch of a suite of three standards under the generic title of BS ISO 55000: 2014 Asset Management, and its predecessor BSI PAS55 2008 "Asset Management: Specification For The Optimized Management Of Physical Assets" The second edition contains a dedicated chapter of exemplar case studies drawn from the authors' experience, selected to demonstrate the new areas of theory and practice. An Appendix includes an extensive set of tools and techniques of use in Value Management practice. Construction clients, including those in both the public and private sectors, and professionals such as construction cost consultants, quantity surveyors, architects, asset managers, construction engineers, and construction managers will all find Value Management of Construction Projects to be essential reading. It will also be of interest to researchers and students on construction related courses in Higher Education -- particularly those at final year undergraduate and at Masters level.
Book Synopsis Construction Innovation by : Finn Orstavik
Download or read book Construction Innovation written by Finn Orstavik and published by John Wiley & Sons. This book was released on 2015-04-20 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Construction innovation is an important but contested concept, both in industry practice and academic reflection and research. A fundamental reason for this is the nature of the construction industry itself: the industry and the value creation activities taking place there are multi-disciplinary, heterogeneous, distributed and often fragmented. This book takes a new approach to construction innovation, revealing different perspectives, set in a broader context. It coalesces multiple theoretical and practice-based views in order to stimulate reflection and to prepare the ground for further synthesis. By being clear, cogent and unambiguous on the most basic definitions, it can mobilise a plurality of perspectives on innovation to promote fresh thinking on how it can be studied, enabled, measured, and propagated across the industry. This book does not gloss over the real-life complexity of construction innovation. Instead, its authors look explicitly at the challenges that conceptual issues entail and by making their own position clear, they open up fresh intellectual space for reflection. Construction Innovation examines innovation from different positions and through different conceptual lenses to reveal the richness that the theoretical perspectives offer to our understanding of the way that the construction sector actors innovate at both project and organizational levels. The editors have brought together here leading scholars to deconstruct the concept of innovation and to discuss the merits of different perspectives, their commonalities and their diversity. The result is an invaluable sourcebook for those studying and leading innovation in the design, the building and the maintenance of our built environment.
Book Synopsis The Added Value of Facilities Management by : Per Anker Jensen
Download or read book The Added Value of Facilities Management written by Per Anker Jensen and published by . This book was released on 2012 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Social Enterprise in the Construction Industry by : Martin Loosemore
Download or read book Social Enterprise in the Construction Industry written by Martin Loosemore and published by Routledge. This book was released on 2015-08-27 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through the emerging lens of social enterprise, this book examines how the global construction industry can engage more effectively with the communities in which it builds, addressing disadvantage and environmental degradation to leave a positive legacy for future generations. Combining insights from leading research and real-life case studies of social enterprise in the construction sector, the result is a practical framework which will help social enterprises, clients, consultants and construction firms work collectively to build a thriving social enterprise sector. Readers of this timely book will learn to embrace social enterprise and an important new sector in the global construction industry. They will learn to see community involvement as an opportunity rather than a risk, and fully understand the broader role they can play in building a fairer and more sustainable society.
Book Synopsis Facilities Management Models, Methods and Tools by : Per Anker Jensen
Download or read book Facilities Management Models, Methods and Tools written by Per Anker Jensen and published by Routledge. This book was released on 2019-05-28 with total page 373 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents research tested models, methods and tools that can make the work of the facilities manager more robust and sustainable, help long-term strategic planning and support students and practitioners in FM to improve the way they approach and deal with challenges in practice. The 34 models, methods and tools are presented in relation to five typical challenges for facilities managers: Strategy development Organisational design Space planning Building projects Optimisation The chapters are short and concise, presenting a central illustration of one model, method or tool with explanatory text and short, exemplary case studies. Each chapter includes references to further reading, and the book includes a keyword index. Essential reading for all involved in the management of built assets, this book bridges the gap between robust academic research and practical industry tools. It can also be used as a handy student reference.
Book Synopsis Sustainable Value Management for Construction Projects by : Ayodeji E. Oke
Download or read book Sustainable Value Management for Construction Projects written by Ayodeji E. Oke and published by Springer. This book was released on 2017-03-16 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a unique guide to value management and sustainability in construction to researchers and professional. The book provides a better understanding of the concept of value management, the basis of sustainable construction and thereafter, demonstrates how using the principles of value management can help to achieve successful construction projects that are financially viable, socially beneficial and do not damage the environment. The book serves as an introduction to value management for scholars and researchers at all levels; and also as a practical guide for construction professionals, employers and other stakeholders in the construction industry.
Book Synopsis Value and Waste in Lean Construction by : Fidelis A. Emuze
Download or read book Value and Waste in Lean Construction written by Fidelis A. Emuze and published by Routledge. This book was released on 2015-11-06 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Non-value adding activities are otherwise known as ‘waste’ in the lean construction lexicon. The aim of this collection is to build a common understanding of the role and contribution of value-adding activities in achieving stipulated objectives and continuous improvement in construction projects, and to contrast this with waste. Although the lean approach to construction projects has been widely covered, this is the first book that explicitly provides the link between value and waste in the Architecture, Engineering and Construction (AEC) sector. This internationally researched collection seeks to create a paradigm shift, which will shape work processes and future directions for how value is conceptualized and operationalized in both the project management and business aspects of construction. The readers will gain an understanding of: The value-adding paradigm in construction How to make value-supporting decisions Waste identification and control in practice With contributions from South Africa, Brazil, Norway, and the USA, the implications of this book are globally relevant. This is essential reading for all higher level students of construction management and economics, and all professionals interested in value management.
Book Synopsis Leveraging Knowledge for Innovation in Collaborative Networks by : Luis M. Camarinha-Matos
Download or read book Leveraging Knowledge for Innovation in Collaborative Networks written by Luis M. Camarinha-Matos and published by Springer. This book was released on 2009-10-13 with total page 821 pages. Available in PDF, EPUB and Kindle. Book excerpt: Collaborative Networks A Tool for Promoting Co-creation and Innovation The collaborative networks paradigm offers powerful socio-organizational mec- nisms, supported by advanced information and communication technologies for p- moting innovation. This, in turn, leads to new products and services, growth of better customer relationships, establishing better project and process management, and building higher-performing consortia. By putting diverse entities that bring different perspectives, competencies, practices, and cultures, to work together, collaborative networks develop the right environment for the emergence of new ideas and more efficient, yet practical, solutions. This aspect is particularly important for small and medium enterprises which typically lack critical mass and can greatly benefit from participation in co-innovation networks. However, larger organizations also benefit from the challenges and the diversity found in collaborative ecosystems. In terms of research, in addition to the trend identified in previous years toward a sounder consolidation of the theoretical foundation in this discipline, there is now a direction of developments more focused on modeling and reasoning about new c- laboration patterns and their contribution to value creation. “Soft issues,” including social capital, cultural aspects, ethics and value systems, trust, emotions, behavior, etc. continue to deserve particular attention in terms of modeling and reasoning. Exploi- tion of new application domains such as health care, education, and active aging for retired professionals also help identify new research challenges, both in terms of m- eling and ICT support development.
Book Synopsis Innovation in Small Professional Practices in the Built Environment by : Shu-Ling Lu
Download or read book Innovation in Small Professional Practices in the Built Environment written by Shu-Ling Lu and published by John Wiley & Sons. This book was released on 2009-09-08 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the book’s Foreword by Trevor Mole, Managing Director,Property Tectonics; President of the European Association ofBuilding Surveyors and Construction Experts: ‘Shu-Ling and Martin have built on their research workand that of others to produce an understandable and readableinsight into innovation in small professional service firms. Theyhave successfully unravelled the complex behavioural andorganisational forces taking place and created a framework to helppractitioners understand the issues and to fashion the rightenvironment in which to foster innovation and deliver economicvalue.’ Small professional practices in the built environment arecrucial to the success and long-term viability of the design,construction and property industries. This research-based bookaddresses the urgent need to better understand the nature andprocess of innovation in these important firms. The authors offer an analysis of both why and howinnovation is a key competitive factor for small professionalpractices in the built environment. As these practices are locatedin different business environments and behave in different ways toother types of industry firms, the context-specific methodology todesign, implement and assess innovation in small professionalpractices presented in this book will appeal to researchers andpractitioners in surveying and design. Innovation in Small Professional Practices in the BuiltEnvironment makes a significant contribution to anunderdeveloped area of innovation by offering new theoretical andpractical insights and models grounded in results from a 22-monthcase study of a small professional practice.
Book Synopsis Profits With Principles by : Ira A. Jackson
Download or read book Profits With Principles written by Ira A. Jackson and published by Broadway Business. This book was released on 2004 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Draws on detailed case studies from more than fifty top companies to demonstrate how engaging in ethical practices can enable businesses to gain a competitive advantage, improve a brand image, secure consumer loyalty, and foster greater employee satisfaction.
Book Synopsis Transfer Pricing and Value Creation by : Raffaele Petruzzi
Download or read book Transfer Pricing and Value Creation written by Raffaele Petruzzi and published by Linde Verlag GmbH. This book was released on 2019-09-02 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: Value Creation and its effects on Transfer Pricing and tax law Emerging from the OECD/G20 BEPS Project, a new, somewhat fuzzy notion of Value Creation came to permeate not only Transfer Pricing language but also wider allocation rules and anti-abuse provisions in international tax law. The notion of ‘Value Creation’ reframes the interpretation and application of the Arm’s Length Principle (ALP) that is embedded in Articles 7 and 9 of the OECD Model Convention. This new Value Creation notion and approach assist in understanding key enterprise functions while different industry sectors manifest these concepts in various ways. Situating such notions and this approach within the law of tax treaties and analyzing terms of the OECD Transfer Pricing Guidelines alongside their factual context is the aim of this book. Here, law students address Transfer Pricing and Value Creation in sectors as varied as commodities trade, automotive, consumer products, food and beverages, pharmaceutical and life sciences, telecommunications, and the key topic of value creation in a digitalized economy. Our LL.M. students were required to address issues not explored in legal research and to discuss factual topics relevant for Transfer Pricing. All students focused on topics that are new to the international tax debate that keep evolving and on factual matters that often escape legal research.
Book Synopsis eWork and eBusiness in Architecture, Engineering and Construction by : Ardeshir Mahdavi
Download or read book eWork and eBusiness in Architecture, Engineering and Construction written by Ardeshir Mahdavi and published by CRC Press. This book was released on 2014-08-21 with total page 962 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last two decades, the biannual ECPPM (European Conference on Product and Process Modelling) conference series has provided a unique platform for the presentation and discussion of the most recent advances with regard to the ICT (Information and Communication Technology) applications in the AEC/FM (Architecture, Engineering, Construction and Facilities Management) domains. ECPPM 2014, the 10th European Conference on Product and Process Modelling, was hosted by the Department of Building Physics and Building Ecology of the Vienna University of Technology, Austria (17-19 September 2014). This book entails a substantial number of high-quality contributions that cover a large spectrum of topics pertaining to ICT deployment instances in AEC/FM, including: - BIM (Building Information Modelling) - ICT in Civil engineering & Infrastructure - Human requirements & factors - Computational decision support - Commissioning, monitoring & occupancy - Energy & management - Ontology, data models, and IFC (Industry Foundation Classes) - Energy modelling - Thermal performance simulation - Sustainable buildings - Micro climate modelling - Model calibration - Project & construction management - Data & information management As such, eWork and eBusiness in Architecture, Engineering and Construction 2014 represents a rich and comprehensive resource for academics and professionals working in the interdisciplinary areas of information technology applications in architecture, engineering, and construction.
Book Synopsis Social Enterprise in the Construction Industry by : Martin Loosemore
Download or read book Social Enterprise in the Construction Industry written by Martin Loosemore and published by Routledge. This book was released on 2015-08-27 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through the emerging lens of social enterprise, this book examines how the global construction industry can engage more effectively with the communities in which it builds, addressing disadvantage and environmental degradation to leave a positive legacy for future generations. Combining insights from leading research and real-life case studies of social enterprise in the construction sector, the result is a practical framework which will help social enterprises, clients, consultants and construction firms work collectively to build a thriving social enterprise sector. Readers of this timely book will learn to embrace social enterprise and an important new sector in the global construction industry. They will learn to see community involvement as an opportunity rather than a risk, and fully understand the broader role they can play in building a fairer and more sustainable society.
Book Synopsis Exercises and Solutions in Statistical Theory by : Lawrence L. Kupper
Download or read book Exercises and Solutions in Statistical Theory written by Lawrence L. Kupper and published by CRC Press. This book was released on 2013-06-24 with total page 2318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exercises and Solutions in Statistical Theory helps students and scientists obtain an in-depth understanding of statistical theory by working on and reviewing solutions to interesting and challenging exercises of practical importance. Unlike similar books, this text incorporates many exercises that apply to real-world settings and provides much more thorough solutions. The exercises and selected detailed solutions cover from basic probability theory through to the theory of statistical inference. Many of the exercises deal with important, real-life scenarios in areas such as medicine, epidemiology, actuarial science, social science, engineering, physics, chemistry, biology, environmental health, and sports. Several exercises illustrate the utility of study design strategies, sampling from finite populations, maximum likelihood, asymptotic theory, latent class analysis, conditional inference, regression analysis, generalized linear models, Bayesian analysis, and other statistical topics. The book also contains references to published books and articles that offer more information about the statistical concepts. Designed as a supplement for advanced undergraduate and graduate courses, this text is a valuable source of classroom examples, homework problems, and examination questions. It is also useful for scientists interested in enhancing or refreshing their theoretical statistical skills. The book improves readers’ comprehension of the principles of statistical theory and helps them see how the principles can be used in practice. By mastering the theoretical statistical strategies necessary to solve the exercises, readers will be prepared to successfully study even higher-level statistical theory.
