Best Books on Construction Costing and Financial Management

We have compiled a list of the Best Reference Books on Construction Costing and Financial Management, which are used by students of top universities, and colleges. This will help you choose the right book depending on if you are a beginner or an expert. Here is the complete list of Construction Costing and Financial Management Books with their authors, publishers, and an unbiased review of them as well as links to the Amazon website to directly purchase them. If permissible, you can also download the free PDF books on Construction Costing and Financial Management below.

 
1."Financial Management and Accounting Fundamentals for Construction" by Daniel W Halpin and Bolivar A Senior
“Financial Management and Accounting Fundamentals for Construction” Book Review: This book is a concise guide that covers the essential financial skills needed by construction professionals to effectively manage construction companies and projects. The chapters include an introduction to financial management, the importance of financial accounting in construction, understanding project risks and controls, the concept of time value of money, and addressing entrepreneurial issues. The book also provides review questions and exercises for self-assessment. In the section on understanding financial statements, topics such as accounting principles, cash and accrual basis, balance sheets, and asset values are explained in a straightforward manner. It is a valuable resource for construction professionals seeking to enhance their financial management skills.

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2."Construction Accounting and Financial Management (Classic Reprint)" by William E Coombs
“Construction Accounting and Financial Management (Classic Reprint)” by William E Coombs
Book Review: This book provides a comprehensive overview of accounting and business principles tailored specifically for the construction industry. It emphasizes the importance of understanding why certain accounting practices are necessary rather than just focusing on how to perform them. While experienced accountants may already be familiar with many of the techniques discussed, they will gain new insights into their application within the construction context. The book aims to equip readers with the knowledge and perspective needed to use accounting effectively as an operational tool in construction management.

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3."Construction Cost Management: Learning from Case Studies" by Keith Potts and Nii Ankrah
“Construction Cost Management: Learning from Case Studies” Book Review: This book is a must-read for students studying surveying and construction management. It covers various important topics, including an introduction and overview of the field. It also delves into the management of the pre-contract stage, discussing aspects like selecting consultants and contractors, cost management, and estimating. The book further explores key tools and techniques such as value management, risk management, and whole-life costing. It also addresses procurement strategies, contract administration, and the management of the post-contract stage. The book concludes with a section on contracts and case studies, including the Engineering and Construction Contract and the FIDIC Standard Forms of International Construction Contract, along with a case study on Heathrow Terminal 5.

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4."Financial Management in Construction Contracting" by Andrew Ross and Peter Williams
“Financial Management in Construction Contracting” Book Review: This book is specifically designed for individuals in the construction industry who are not accountants. It takes a contractor’s perspective and is applicable to both subcontractors and main contractors. The topics covered in the book include finance in the construction industry, stakeholders and the regulatory environment, risk and uncertainty, contracts and documentation, payments in construction, supply chain management, acquiring projects, corporate governance and management, company structure, financial management, project governance, budgeting, resource procurement, project risk and control, tracking progress, valuations and payments, and cost value reconciliation.

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We have put a lot of effort into researching the best books on Construction Costing and Financial Management and came out with a recommended list and their reviews. If any more book needs to be added to this list, please email us. We are working on free pdf downloads for books on Construction Costing and Financial Management and will publish the download link here. Fill out this Construction Costing and Financial Management books pdf download" request form for download notification.

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