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The construction of housing, commercial property and infrastructure projects - roads, bridges, tunnels, railways, airports - for both the private and public sectors is one of the biggest industries in the world. It contributes around 10 per cent of world GDP, employs 7 per cent of the global workforce, and consumes around 20 per cent of the world's energy. It is also a highly fragmented industry with very low profit margins and a high risk of failure for the many firms operating in its complex supply chain.

Stephen Gruneberg and Noble Francis present an up-to-date analysis of how construction markets operate, how firms collaborate on projects, and how their business models work. They explore the many distinctive features of the economics of the industry, such as the use of cost-reduction rather than profit-maximizing behaviour, the processes of tendering and procurement, and the often cyclical nature of demand. Particular challenges for the industry, such as the frequency of disputes between firms and the low productivity of the sector, are shown to be the outcomes of a business model that tends to focus on the volatility of demand and managing risk at the expense of improving efficiency. As well as discussing industry-wide issues, the authors also examine how individual projects are costed.

The book offers authoritative analysis and expert insight into the economics of a much misunderstood industry and is suitable for a range of courses in business schools and departments of architecture and the built environment.

Construction industry --- Building industry --- Home building industry --- Building --- Economic aspects. --- Economic aspects --- E-books

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Construction industry --- Construction industry. --- Building materials. --- Technological innovations. --- Architectural materials --- Architecture --- Building --- Building supplies --- Buildings --- Construction materials --- Structural materials --- Materials --- Building industry --- Home building industry

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Selected papers from the International Conference on Construction and Real Estate Management 2017, held in Guangzhou, China, November 10–12, 2017. Sponsored by the Modernization of Management Committee of the China Construction Industry Association and the Construction Institute of ASCE. This collection contains 42 peer-reviewed papers on project management and construction technology. Topics include: risk assessment in construction projects; BIM-based analysis and the assessment of projects; and information management and project teams. This proceedings will be of interest to practitioners and researchers in the construction and development industries.

Construction industry --- Building information modeling --- Management --- Technological innovations --- BIM (Building information modeling) --- Building --- Buildings --- Information modeling --- Building industry --- Home building industry --- Superintendence --- Computer-aided design --- Information resources management --- Construction management --- Project management --- Risk management --- Information management --- Real estate --- Professional societies

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Selected papers from the International Conference on Construction and Real Estate Management 2018, held in Charleston, South Carolina, August 9–10, 2018. Sponsored by the Modernization of Management Committee of the China Construction Industry Association and the Construction Institute of ASCE. This collection contains 37 peer-reviewed papers on construction enterprises and project management. Topics include: public-private partnerships; evaluation and assessment of construction projects; efficiency analysis; and risk-sharing in construction projects. These papers will be of interest to construction professionals, researchers, planners, contractors, and banking and government officials.

Construction industry --- Public-private sector cooperation --- Finance --- Private-public partnerships --- Private-public sector cooperation --- Public-private partnerships --- Public-private sector collaboration --- Cooperation --- Building industry --- Home building industry --- Building --- Construction management --- Project management --- Public private partnership --- Risk management --- Real estate --- Professional societies --- Contracts and subcontracts

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Proceedings of the International Conference on Construction and Real Estate Management 2019, held in Banff, Alberta, Canada, May 21–24, 2019. Sponsored by the Modernization of Management Committee of the China Construction Industry Association and the Construction Institute of ASCE.This collection contains 110 peer-reviewed papers on innovative construction project management and construction industrialization.Topics include: intelligent construction and construction informatization; innovative construction project management; construction industrialization and sustainability; and real estate and land management.These papers will be of interest to researchers, engineering practitioners, developers, and planners from universities, consulting firms, and financial institutions.

Building information modeling --- Construction industry --- Building industry --- Home building industry --- Building --- BIM (Building information modeling) --- Buildings --- Information modeling --- Management --- Technological innovations --- Superintendence --- Computer-aided design --- Information resources management --- Construction management --- Construction companies --- Innovation --- Project management --- Financial management --- Real estate --- Sustainable development