Articles by "Economy"

Showing posts with label Economy. Show all posts

John W. Bull ... 240 pages - Publisher: Whittles Publishing; (March, 2015) ...
Language: English - ISBN-10: 1849951489 - ISBN-13: 978-1849951487 ...

The key areas of life cycle cost analysis (LCCA) and whole life costing (WLC) are exemplified in this volume with accounts of their application to housing stock, a community hydroelectric power system, various aspects of highway infrastructure, and corrosion protective coatings. Sustainable construction and design requires more than compliance with safety requirements and economic constraints, there is also the impact on the environment, the surrounding population and users of the infrastructure. This requires a multidimensional perspective of sustainability to be considered in life cycle costing (LCC) combining current design criteria with these other aspects. It has become increasingly important to understand the full costs of civil engineering infrastructure, and the main sources of cost, along the whole supply chain and to identify cost reduction opportunities. The conventional procurement approach without the integration of probabilistic life-cycle cost modelling induces substantial long term maintenance costs.Once deterioration and life-cycle cost models have been established, appropriate partnership procurement strategies, associated financing methods and determination of the project period can be developed. LCC includes the cost of planning, design, acquisition, operation, maintenance and disposal of buildings and other construction assets, while WLC additionally includes incomes and other costs such as non-construction costs and externalities. In whole life costing, social, environmental or business costs or benefits are considered as externalities and care must be taken not to double-count the impacts when WLC is used together with LCCA. The international examples included here illustrate practically the methodology of life cycle costing and the application of life-cycle cost analysis to identify the most appropriate method for assessing the relative merits of competing project implementation alternatives. As such it will provide a valuable tool for practising engineers, researchers and advanced students in civil and structural engineering.

Bilal M. Ayyub ... 1004 pages - Publisher: American Society of Civil Engineers (ASCE); (April, 2011) ...
Language: English - ISBN-10: 0784411700 - ISBN-13: 978-0784411704 ...

Proceedings of the International Conference on Vulnerability and Risk Analysis and Management (ICVRAM 2011) and the International Symposium on Uncertainty Modeling and Analysis (ISUMA 2011), held in Hyattsville, Maryland, April 11-13, 2011. Sponsored by the Council on Disaster Risk Management of ASCE. This collection contains 119 peer-reviewed papers that build upon recent significant advances in the modeling, analysis, and management of risk, vulnerability, and uncertainty. Yet, even as advancements are made in technology, new hazards appear. These papers demonstrate the transformation of intellectual discussions into robust frameworks for handling emerging vulnerabilities and risks and providing analytical bases to prepare for national and international disasters. These papers will be valuable to experts, decision-makers, and others involved in assessing, planning responses to, and managing vulnerability and risk.

Wayne J. Del Pico ... 528 pages - Publisher: RSMeans; 2nd edition (April, 2012) ... Language: English - ISBN-10: 1118099419 - ISBN-13: 978-1118099414 ... 

How to succeed in the construction business—step-by-step guidelines for estimating: To be competitive, contractors and homebuilders need to know how to generate complete, accurate estimates for labor and material costs. This book guides readers through the entire estimating process, explaining in detail how to put together a reliable estimate that can be used not only for budgeting, but also for developing a schedule, managing a project, dealing with contingencies, and ultimately making a profit. Completely revised and updated to reflect the new CSI MasterFormat 2010TM system, the Second Edition of this practical guide describes estimating techniques for each building system and how to apply them according to the latest industry standards. Cost considerations and quantity takeoff and pricing are included for virtually every type of work found in residential and light commercial projects, from demolition, concrete, and masonry to windows and doors, siding, roofing, mechanical and electrical systems, finish work, and site construction. Complete with many new graphics and references to professional construction cost databases, the new edition provides experienced contractors and novices alike with essential information on: How to correctly interpret plans and specifications, reflecting updates to contract documents since the first edition * Computer estimating techniques and new estimating software for performing quantity takeoff * The best methods for conceptual estimating as well as the extremely useful topic of parametric estimating * How to allocate the right amounts for profit and contingencies, and other hard-to-find professional guidance *How a unit price estimate is built along with labor issues and budgeting for subcontractor work.

J. K. Yates ... 432 pages - Publisher: American Society of Civil Engineers; (September, 2014) ... Language: English - ISBN-10: 0784413460 - ISBN-13: 978-0784413463

On a multimillion-dollar construction project, even a small increase in productivity can yield millions of dollars in additional profitas well as a safer and more efficient work environment. Yet many engineering and construction firms overlook analysis tools that would help improve productivity. This book focuses exclusively on investigation and analysis techniques that support the implementation of productivity improvement programs. It addresses productivity improvement from both engineering and construction perspectives and provides detailed case studies that illustrate the implementation of productivity improvement programs. J.K. Yates lays the groundwork by defining what it means to improve productivity and summarizing contemporary approaches to productivity improvement programs. The human component of productivity improvement is addressed. Then the reader is taken step-by-step through stages of investigation, data analysis, evaluation of alternatives, and project management. In addition to covering traditional productivity improvement topics, this book also includes information on new and emerging areas, such as building information modeling (BIM), sustainability concepts, computer simulation modeling, and global productivity issues. Engineering and construction industry professionals will use this book to critically analyze work processes and to design programs that increase production rates at engineering firms and construction job sites.

Jim Coulson ... 220 pages - Publisher: Wiley-Blackwell; 1st edition (April, 2012) ... Language: English - ISBN-10: 0470657774 - ISBN-13: 978-0470657775 ...

Wood in Construction – How to Avoid Costly Mistakes focuses on the basic principles and appropriate use of wood in construction and illustrates how to avoid or minimise problems, to ensure that wood performs as expected when used in a construction application. Based on the author’s extensive experience of manufacturing processes and practical applications in the timber, construction, joinery, shop-fitting and furniture industries, Wood in Construction provides a guide to using wood in building in the real world. It describes the main causes of difficulty when using wood, and shows how to avoid or minimise problems, reducing the difficulties for the architect, engineer or specifier, builder and building owner. Technical enough to explain why things should be done in specific ways, but also practical enough to demonstrate how to use wood correctly and avoid doing the wrong things, this is an invaluable resource for construction specifiers (architects, engineers), carpenters, structural engineers, building surveyors, small/medium sized builders.

David Pratt ... 400 pages - Publisher: Delmar Cengage Learning; 2nd edition (April, 2011) ... Language: English - ISBN-10: 111130887X - ISBN-13: 978-1111308872 ...

Focusing exclusively on residential work, Estimating for Residential Construction, 2E provides a very visual, reader-friendly introduction to processes as it details the steps involved in accurately preparing a cost estimate. Packed with examples, the book clearly explains how to price excavation and site work, concrete, carpentry, masonry, plumbing, heating, and electrical work, as well as the general expenses and sub-trade work. It also covers the impact of green building practices and effective estimating "shortcuts".

David Borman ... 272 pages - Publisher: McGraw-Hill Education; 1st edition (January 6, 2014)
Language: English - ISBN-10: 0071828516 - ISBN-13: 978-0071828512

The quick and easy guide to profiting in the WORLD'S LARGEST MARKET!: When you read about forex, does it seem like a foreign language to you? Get going in one of today's hottest markets with this comprehensive, plain-language guide.

Forex DeMYSTiFieD illuminates the key concepts you need to know and explains how to utilize them in the real world. It teaches you how currency trading and overall investing relate and the role of forex in international business and the corporate world.

This self-teaching guide explains everything in easy-to-understand terms and proven methods. It presents numerous examples and exercises to illustrate the investing techniques that work best. With chapter-ending quizzes, and final exam questions, Forex DeMYSTiFieD is the only book you need to get started in--and start profiting from--one of the world's biggest financial markets.

This self-teaching guide provides everything you need to:Understand core currency trading concepts + Predict currency movements with fundamental and technical analysis + Develop your own risk/reward tolerance + Financially and emotionally prepare to trade in the forex market.
    Simple enough for a novice but challenging enough for an experienced investor, Forex DeMYSTiFieD helps you make the most of your money while keeping it out of harm's way.

    Anna Coulling ... 
    416 pages
    Publisher: CreateSpace Independent Publishing Platform; 1st edition (August 28, 2013)
    Language: English
    ISBN-10: 1491248777
    ISBN-13: 978-1491248775

    Is this book for me?: If you aspire to becoming a full time forex trader, then this is the book for you. Even if your dream is perhaps more modest, and you simply want to have a second income trading the forex markets, then again, this book is for you.

    What will I learn?: It has been written with one clear objective. To explain how and why the currency markets move in the way they do - the forces, the factors and the manipulators.

    Many aspiring traders, simply do not realize that the forex market sits at the heart of the financial world, which when you think about it logically, is really common sense. After all, this is the biggest money market in the world, and if the financial markets are about one thing, they are about money. Making it, protecting it, or increasing the return.

    It’s no surprise therefore, that the forex market connects all the others. Put simply, the forex market is the ultimate barometer of risk.

    How will it help me?: So how will this book help me to become a better forex trader? Well, in several ways!

    First, you will discover how changes in market sentiment in the primary markets of commodities, stocks, bonds and equities, are then reflected in the currency markets. This is something which often surprises novice traders. After all, why look at a stock index, or the price of gold, or a bond market? The answer is very simple. It is in these markets that you will find all the clues and signals, which then reveal money flow. After all, the financial markets are all about risk. In other words, higher returns for higher risk, or lower returns for lower risk.

    It really is that simple. And yet, how many forex traders ever consider associated markets? The answer is very few. After reading the book, you will be one of those enlightened traders who truly understands money flow and risk, and your confidence as a trader will grow exponentially as a result.

    The next thing you will learn is that trading in one dimension or using one trading technique, is rather limiting. You have probably met people who trade, who then make a bold statement such as: ‘I only trade using the fundamentals’ or perhaps that ‘technical analysis is a self fulfilling prophecy’.

    Please do NOT buy this book if..

    This is NOT another book explaining forex trading strategies. In fact there are none at all, surprising given the book's length. If this is what you are looking for, please DO NOT buy this book.

    But do if this is you.......

    It has been written for two specific audiences. The first is the novice forex trader, for whom this is a new market. The second is the forex trader who has attempted to trade in foreign exchange, but struggled, and has been left confused by the apparent random and chaotic behavior of this volatile market.

    Whilst the forex market is a complex mix, it is not complicated, once you understand the people, their motives and the currencies themselves. Even those markets such as bonds, which few traders ever understand, are explained very simply.

    Equally important is the concept of change. Indeed you may have other books, written many years ago and explaining how the forex market works. As you will discover, the rule book has been torn up. No longer is this a simple market of trending currency pairs. This all changed in 2007/2008, and with it the forex world changed too!

    And here are some more reasons....
    Long gone are the days when currency pairs meandered their way higher and lower in long term trends, driven by interest rate differentials. To take advantage, you need to understand the forces which now drive the markets.

    A Three Dimensional Approach To Forex Trading will empower you with knowledge. Knowledge and confidence go hand in hand. Confidence breeds success, and success breeds money, which will then flow from reading the book.

    Mario Singh ... 256 pages - Publisher: Wiley; 1st edition (February, 2013) ... 
    Language: English - ISBN-10: 1118385519 - ISBN-13: 978-1118385517 ...

    A comprehensive guide to Forex trading for individual investors: Countless money-making opportunities abound in the Foreign Exchange (Forex) market every day, but how does an amateur investor take advantage of these opportunities to earn high returns? This book by CNBC-featured Forex Expert Mario Singh provides a comprehensive solution to this question. 

    Following the first section that explains in plain English—what is Forex trading, how money is made in the Forex "game," the six major players involved, and the importance of knowing one's Trader Profile—the second section focuses on specific and practical guidance which includes: A "Trader Profile Test" to help the reader get a clear picture of his natural trading style and which of five trading profiles he belongs to (Scalper, Day Trader, Swing Trader, Position Trader or Mechanical Trader) * 17 proven trading strategies (between 2 to 5 strategies for each trader profile) for the reader to immediately start cashing in on the Forex market * Descriptions of an array of real-world trading scenarios, with tips on how to address them * A section that shows the reader how to custom-tailor a trading system designed for his sensibilities and risk tolerance * Forex hedging strategies for finance professionals at multinational corporations. Short on theory and long on practical insights and step-by-step guidance, 17 Proven Currency Trading Strategies—How To Profit in the Forex Market will help anyone—from beginners to professionals, and everyone in between—to master the Forex market and be consistently profitable.

    Anna Coulling ... 
    242 pages
    Publisher: CreateSpace Independent Publishing Platform; 1st edition (December 20, 2013)
    Language: English
    ISBN-10: 1494753758
    ISBN-13: 978-1494753757

    Forex For Beginners is the prequel to my first two books, A Three Dimensional Approach to Forex Trading, and A Complete Guide to Volume Price Analysis. It is your primer to the world of forex. It has been written to lay the foundations and provide the framework for getting started in the world of forex, in what I believe is the correct way. My other books then build on what you will learn here, to further develop your trading skills and knowledge.

    What I try to do in all my books, is to show you how to apply that knowledge to help you become a more confident trader. After all, learning is all well and good, but if we are not taught how to apply that knowledge in a practical way, then it is of little use. It is the application of knowledge that empowers, and this is what I have tried to do here, and in my online training rooms, and all my books.

    There are of course many books about forex trading. What is different about this book, is the focus on those aspects of trading which I believe are fundamental. After all, there are only two questions we need to answer when considering a position in the market:-
    • What is the risk on this trade - high, medium or low?
    • What is the financial risk on this trade?
    The first is the hardest question to answer, and the book will explain in detail the analysis and approach to use, in order to answer this question with confidence. The second question is more straightforward and is answered provided you have an understanding of risk, money management and position sizing in relation to your trading capital. Again, this is covered in detail in the book. As the tag line on the front cover says 'What you need to know to get started, and everything in between' which really sums up what you will learn.

    The book explains everything, from the pure mechanics to the trading methodology that I advocate, and which I have used in all my own trading and investing for over 17 years. Forex For Beginners is also dedicated to all those traders who have asked me to write such an introduction, based on my knowledge and my methodology. This book is for you.

    Jüri Sutt ... 
    168 pages
    Publisher: Wiley-Blackwell; 1st edition (July 25, 2011)
    Language: English
    ISBN-10: 047065824X
    ISBN-13: 978-0470658246

    This construction client's manual is written in the form of a list of activities. It supports owners in the role of client by helping them make choices during the project development process. This increases control over cost, quality and duration at each stage. Activities within each main stage of the project development (preparation stage; procurement; design; preparation for construction; construction itself; handover; implementation) are divided into phases, each requiring separate decision-making. The phase begins with a list of direct previous decisions and continues with a list of executors, the goal of the present phase and a list of activities to be performed. And each phase ends with a list of expected results and a list of activities that these results release for action in the next phase. The sequence of these seven stages can be altered to help building owners manage risk by choosing and combining the timing of these stages. The tasks involved in project preparation, described in the first chapter are for example, often left by the owner for the designers to solve - or sometimes even the contractors. The decisions relating to the choice of procurement schemes, described in the second chapter, can be made either at the preparation stage of project development, as part of the prioritisation of aims, or at the time of choosing the designer, or at the stage of choosing construction contractors. Manual of Construction Project Management - for owners & clients is for prospective owners who either operate as clients themselves, or who use the services of professional construction management companies. The aim is to help both owners and their construction partners understand what to expect from each other. The manual describes activities at the level of detail required to choose the management task or method to make the decision. It is not bound to regulations of any specific country and a detailed glossary makes it an indispensable worldwide reference.

    Rita Yi Man Li ... 
    137 pages
    Publisher: Springer; 2015 edition (November 20, 2014)
    Language: English
    ISBN-10: 3319124293
    ISBN-13: 978-3319124292

    This monograph presents an analysis of construction safety problems and on-site safety measures from an economist’s point of view. The book includes examples from both emerging countries, e.g. China and India, and developed countries, e.g. Australia and Hong Kong. Moreover, the author covers an analysis on construction safety knowledge sharing by means of updatable mobile technology such as apps in Androids and iOS platform mobile devices. The target audience comprises primarily researchers and experts in the field but the book may also be beneficial for graduate students.

    Chan S. Park ...
    696 pages
    Publisher: Prentice Hall; 3rd edition (February 16, 2012)
    Language: English
    ISBN-10: 0132775425
    ISBN-13: 978-0132775427

    For Engineering Economics courses, found in departments of Industrial, Civil, Mechanical, and Electrical Engineering. This text is also useful for any individual interested in the field of Industrial, Civil, Mechanical and Electrical Engineering. 

    From the author of the best-selling Contemporary Engineering Economics text, Fundamentals of Engineering Economics offers a concise, but in-depth coverage of all fundamental topics of Engineering Economics.

    Daniel W. Halpin, Bolivar A. Senior ...
    460 pages
    Publisher: Wiley; 4th edition (November 16, 2010)
    Language: English
    ISBN-10: 0470447230
    ISBN-13: 978-0470447239

    The construction professional has to be a “jack of all trades, and master of all.” This text covers a wide range of subjects, reflecting the breadth of knowledge needed to understand the dynamics of this large and complex industry. 

    This edition introduces extended coverage in the scheduling area to address more advanced and practice oriented procedures such as Start to Start, Finish to Finish, and similar relationship between activities in a network schedule.

    David L. Whitman, Ronald E. Terry ...
    220 pages
    Publisher: Morgan & Claypool Publishers; 1st edition (June 1, 2012)
    Language: English
    ISBN-10: 1608458644
    ISBN-13: 978-1608458646

    The authors cover two general topics: basic engineering economics and risk analysis in this text. Within the topic of engineering economics are discussions on the time value of money and interest relationships. These interest relationships are used to define certain project criteria that are used by engineers and project managers to select the best economic choice among several alternatives. Projects examined will include both income- and service-producing investments. The effects of escalation, inflation, and taxes on the economic analysis of alternatives are discussed. Risk analysis incorporates the concepts of probability and statistics in the evaluation of alternatives. This allows management to determine the probability of success or failure of the project. Two types of sensitivity analyses are presented. The first is referred to as the range approach while the second uses probabilistic concepts to determine a measure of the risk involved. The authors have designed the text to assist individuals to prepare to successfully complete the economics portions of the Fundamentals of Engineering Exam.

    Table of Contents: Introduction / Interest and the Time Value of Money / Project Evaluation Methods / Service Producing Investments / Income Producing Investments / Determination of Project Cash Flow / Financial Leverage / Basic Statistics and Probability / Sensitivity Analysis.

    Bilal M. Ayyub ... 640 pages - Publisher: Chapman and Hall/CRC; 2nd edition (March, 2014) ...
    Language: English - ISBN-10: 1466518251 -ISBN-13: 978-1466518254 ...

    Risk Analysis in Engineering and Economics is required reading for decision making under conditions of uncertainty. The author describes the fundamental concepts, techniques, and applications of the subject in a style tailored to meet the needs of students and practitioners of engineering, science, economics, and finance. Drawing on his extensive experience in uncertainty and risk modeling and analysis, the author covers everything from basic theory and key computational algorithms to data needs, sources, and collection. He emphasizes practical use of the methods presented and carefully examines the limitations, advantages, and disadvantages of each to help readers translate the discussed techniques into real-world solutions.

    This Second Edition: Introduces the topic of risk finance + Incorporates homeland security applications throughout + Offers additional material on predictive risk management + Includes a wealth of new and updated end-of-chapter problems + Delivers a complementary mix of theoretical background and risk methods + Brings together engineering and economics on balanced terms to enable appropriate decision making + Presents performance segregation and aggregation within a risk framework + Contains contemporary case studies, such as protecting hurricane-prone regions and critical infrastructure + Provides 320+ tables and figures, over 110 diverse examples, numerous end-of-book references, and a bibliography. Unlike the classical books on reliability and risk management, Risk Analysis in Engineering and Economics, Second Edition relates underlying concepts to everyday applications, ensuring solid understanding and use of the methods of risk analysis.

    Daniel W. Halpin, Bolivar A. Senior ... 
    320 pages
    Publisher: Wiley; 1st edition (September 22, 2009)
    Language: English
    ISBN-10: 0470182717
    ISBN-13: 978-0470182710

    Financial management is an aspect of every construction project. Here is an easy-to-understand guide to financial concepts specific to the construction industry for both students and working professionals. The focus on only construction-related issues and the succinct, practical, and visually-oriented approach makes the material easily accessible to construction professionals who are not financial experts. Case studies and examples, several of them international, show how the principles apply to real world applications.

    Richard Hill, George Solt ... 
    196 pages
    Publisher: Wiley; 1st edition (September 22, 2010)
    Language: English
    ISBN-10: 0470546018
    ISBN-13: 978-0470546017

    There are many text books about engineering design and some include project evaluation techniques. There are text books on accounting methods and yet others on business management. This book does not aim to replace these specialized texts but brings together the elements of these subjects that young engineers working in industry - particularly the construction industry and its customers - need to understand. Most engineers learn about money the hard way: by experience in the workplace. The authors having done this themselves recognized the gap in engineers' education and set out to bridge it. This book is based on a 1996 course George Solt pioneered for final-year engineering undergraduates. The book is written in an approachable style and gives young engineers as well as mature engineers an insight into the way engineering businesses run, the importance of capital and the problems of cash flow. 

    Abol Ardalan ... 221 pages - Publisher: CRC Press; 1st edition (October, 1999) ... Language: English - ISBN-10: 1566768322 - ISBN-13: 978-1566768320

    Economic and Financial Analysis for Engineering and Project Management is for engineers and others who must analyze the financial and economic ramifications of producing and sustaining capital projects. Unlike other books in the field, it offers straightforward and lucid explanations of all main formulas needed to carry out financial analyses. The math is kept simple and is fully explained, making the book accessible to non-technical personnel. Numerous sample problems are provided, and can be worked on standard spreadsheet programs, as well as using interest rate tables. The book shows how to link quantitative data to management decisions and to standard reporting forms and has been designed for practicing engineers and students alike. Economic and Financial Analysis for Engineering and Project Management is a "must have" for graduate students in engineering management departments; graduate and undergraduates taking courses in project management, engineering economics, and engineering finance. Practicing engineers will find this book THE handy reference for any project involving financial analyses.

    John V. Farr ... 316 pages - Publisher: CRC Press; 1st edition (June, 2011) ...
    Language: English - ASIN: B008ICZ97Q by Amzon Digital Services ...

    Although technology and productivity has changed much of engineering, many topics are still taught in very similarly to how they were taught in the 70s. Using a new approach to engineering economics, Systems Life Cycle Costing: Economic Analysis, Estimation, and Management presents the material that a modern engineer must understand to work as a practicing engineer conducting economic analysis. Organized around a product development process that provides a framework for the material, the book presents techniques such as engineering economics and simulation-based costing (SBC), with a focus on total life cycle understanding and perspective and introduces techniques for detailed analysis of modern complex systems. The author includes rules of thumb for estimation grouped with the methods, processes, and tools (MPTs) for conducting a detailed engineering buildup for costing. He presents the estimating costing of complex systems and software and then explores concepts such as design to cost (DTC), cost as an independent variable (CAIV), the role of commercial off-the-shelf technology, cost of quality, and the role of project management in LCC management.

    No product or services are immune from cost, performance, schedule, quality, risks, and tradeoffs. Yet engineers spend most of their formal education focused on performance and most of their professional careers worrying about resources and schedule. Too often, the design stage becomes about the technical performance without considering the downstream costs that contribute to the tota1 life cycle costs (LCC) of a system. This text presents the methods, processes, and tools needed for the economic analysis, estimation, and management that bring these costs in line with the goals of pleasing the customer and staying within budget.

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