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Activity based costing for construction companies /
Construction projects are increasingly complex, with contractors facing decreased profitability as a range of factors drive up overhead costs. While the industry has traditionally focused on managing the direct costs of projects (labor and materials, for example), Activity-Based Costing (ABC) can be...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Chichester, West Sussex, UK :
John Wiley & Sons Ltd,
2017.
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | Construction projects are increasingly complex, with contractors facing decreased profitability as a range of factors drive up overhead costs. While the industry has traditionally focused on managing the direct costs of projects (labor and materials, for example), Activity-Based Costing (ABC) can be used to manage overhead costs effectively. This proven methodology has been tested in a range of industries, but application in the construction industry seems challenging due to the different contexts of construction and volume production. 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. |
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| Descripción Física: | 1 online resource (xi, 165 pages) : illustrations (some color) |
| Bibliografía: | Includes bibliographical references and index. |
| ISBN: | 9781119194682 1119194687 9781119194705 1119194709 9781119194699 1119194695 |