Author Description

The construction industry does not have methodologies to manage overhead costs effectively because current cost management practices focus on managing direct costs. Activity-Based Costing for Construction Companies provides guidelines on how overhead costs can be managed using this approach, providing gains in contractor competitiveness. It begins by identifying the attributes and problems of current overhead cost control systems, then presents a systematic methodology to apply ABC to the construction industry. Illustrated with a range of case studies, it also presents a map that shows construction contractors how to implement ABC to calculate and manage overhead costs accurately, identifying non- or low-value-added operations which can be improved. --Book Jacket.