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Provides a seamless connection between cost accounting and construction project management from the construction management practitioner's perspective.
List of contents
Preface
- Introduction
- Accounting Methods
- Introduction to Construction Management
- Introduction to Estimating
- Jobsite General Conditions
- Home Office General Conditions
- Financial Statements and Financial Ratios
- Cost Control
- Earned Value Analysis
- Activity Based Accounting
- Supply Chain Material Management
- Equipment Use and Depreciation
- Cash Flow
- Pay Requests
- Accounting for Change Orders
- Financial Close-Out of the Construction Project
- Lean Construction Practices and Cost Management
- Taxes and Audits
- Developer’s Pro forma
Appendices:
- Case Study Description and Exhibits
- Abbreviations
- Glossary
- Index
About the author
Len Holm is a senior lecturer in construction management at the University of Washington, USA, and a construction professional with over 40 years’ experience in various roles, including supervision of project managers, estimators, and jobsite cost accountants. He runs his own construction management firm, has developed and taught several new courses for construction management students at the University of Washington, and is the author of numerous textbooks, including Management of Construction Projects, second edition, with John Schaufelberger, and Introduction to Construction Project Engineering, with Giovanni Migliaccio, also published by Routledge.
Summary
Provides a seamless connection between cost accounting and construction project management from the construction management practitioner’s perspective.
Additional text
"In Cost Accounting for Construction Management, Len Holm successfully peels back the norms of construction project management and weaves in a detailed recipe for better understanding the broader study of construction financial management. By using specific case studies and intuitive exercises, Holm provides a compelling and detailed understanding of the delicate balance between construction cost accounting and project management."
Robert Guymer, Chief Operations Officer – Foushée & Associates Company, Inc