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THE DESIGN AND CONSTRCUTION INDUSTRY. CHAPTER FOUR. HOW BIG IS THE CONSTRUCTION INDUSTRY?. GOVERNMENT STATISTICS, U.S. CENSUS VALUE OF CONSTRUCTION EMPLOYMENT NUMBER OF FIRMS INCOME. THE CONSTRUCTION INDUSTRY. HIGH/LOW RISK PROFIT/LOSS CONSTRUCTION FINANCIAL MANAGEMENT ASSOCIATION CFMA
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THE DESIGN AND CONSTRCUTION INDUSTRY CHAPTER FOUR
HOW BIG IS THE CONSTRUCTION INDUSTRY? • GOVERNMENT STATISTICS, U.S. CENSUS • VALUE OF CONSTRUCTION • EMPLOYMENT • NUMBER OF FIRMS • INCOME
THE CONSTRUCTION INDUSTRY • HIGH/LOW RISK • PROFIT/LOSS • CONSTRUCTION FINANCIAL MANAGEMENT ASSOCIATION CFMA • FINANCIAL SURVEY • HOT TOPIC-STRATEGIC PLANNING • SP: NOT A ONE TIME EVENT-REVIEW/UPGRADE
STRATEGIC PLANNING • PROCESS • GOALS-SHORT/LONG • OBJECTIVES • DECISION MAKING PROCESS • EVALUATE THE COMPANY’S STRENGTH AND WEAKNESSES • TAKE ACTIONS BASED ON S AND W
CURENT/FUTURE • CONSTRUCTION INDUSTRY • ENGINEERING • ARCHITECTURE • EMPLOYMENT • NEW SPENDING/HIGHWAY/ROADS