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Home & Interior Design books:
Broken Buildings, Busted Budgets: How to Fix America's Trillion-Dollar Construction Industry


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Manufacturer: University Of Chicago Press

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Average Customer Ratings: 4.04.04.04.04.0

Across the nation, construction projects large and small—from hospitals to schools to simple home improvements—are spiraling out of control. Delays and cost overruns have come to seem “normal,” even as they drain our wallets and send our blood pressure skyrocketing. In Broken Buildings, Busted Budgets, prominent construction attorney Barry B. LePatner builds a powerful case for change in America’s sole remaining “mom and pop” industry—an industry that consumes $1.23 trillion and wastes at least $120 billion each year.
 
With three decades of experience representing clients that include eminent architects and engineers, as well as corporations, institutions, and developers, LePatner has firsthand knowledge of the bad management, ineffective supervision, and insufficient investment in technology that plagues the risk-averse construction industry. In an engaging and direct style, he here pinpoints the issues that underlie the industry’s woes while providing practical tips for anyone in the business of building, including advice on the precise language owners should use during contract negotiations.
Armed with Broken Buildings, Busted Budgets, everyone involved in the purchase or renovation of a building or any structure—from homeowners seeking to remodel to civic developers embarking on large-scale projects—has the information they need to change this antiquated industry, one project at a time.
 
“LePatner describes what is wrong with the current system and suggests ways that architects can help—by retaking their rightful place as master builders.”—Fred A. Bernstein, Architect Magazine
 
“Every now and then, a major construction project is completed on time and on budget. Everyone is amazed. . . . Barry LePatner thinks this exception should become the rule. . . . A swift kick to the construction industry.”—James R. Hagerty, Wall Street Journal  
(20070219)


PRODUCT DESCRIPTIONS:

Binding: Hardcover
Dewey Decimal Number: 338.476900973
EAN: 9780226472676
ISBN: 0226472671
Label: University Of Chicago Press
Manufacturer: University Of Chicago Press
Number Of Items: 1
Number Of Pages: 229
Publication Date: 2007-10-15
Publisher: University Of Chicago Press
Studio: University Of Chicago Press


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CUSTOMER REVIEWS:

Busted expectations - 33333
A decent book and well written but it is thin on solutions and alternatives. Changing the construction contract is the theme of this book and the only relevant solution proposed.


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Kept waiting for it to develop - 33333
I was disappointed by this book. It started out very well, with a promise to unlock the mysteries of a horribly inefficient industry. Hoping to find a manifesto for change, I instead found the proposed solution quite underwhelming.

The authors laboriously breakdown the current system in great detail, setting the stage and mentally preparing the reader for the great unveiling. And I kept waiting for that moment to come when the "ah-ha" would happen and everything would click into place. I had to double check that I was done when I reached the Notes section to make sure that there wasn't any more. "Is that it?" I thought.

It does provide a fascinating look at the inner workings of the industry. It is a good read for anybody in the construction industry, whether as an owner, contractor, or design professional. The authors certainly do give you a lot to think about, but little promise that it can be adopted industry-wide.

I recommend reading this book, but do not expect it to be world-changing.


Lost 'Art' of Construction - 55555
Barry LePatner's essay on the state of the failed construction world in the US reminds us that not all things are created equal. The concepts of financial leverage, specialization of trades, diffusion of risk, and vertical/horizontal integration are explained so the lay person can grasp the intent of the book. The essential truths of "time, price, and quality" have been replaced by "time value of money" and this theme is quietly woven throughout the book.

No single volume can elucidate the myriad forces affecting an industry some call the `second oldest profession,' but Mr. LePatner's admirable attempt to uncover the sources of inefficient and cost overrun construction makes us want to understand more. It used to be there was an `art' to construction that matched the glorious designs of prolific architects and what was built was a source of pride for all. Mr. LePatner's book is both nostalgic and forward thinking; it offers us glimpses of the malaise that characterizes the antiquated design-bid-build business model.

Not since Dana Cuff's "Architecture: The Story of Practice"--the exposé about the esoteric underpinnings of the architectural profession--has an essay attempted to exorcise the silent demons lurking in the counterpart profession of construction. If asymmetric information is a source for unequal footing at the outset of every project, perhaps the economic context of construction too is antiquated.

I appreciate the boldness with which Mr. LePatner argues his position. As a developer and financier of high-end real estate, I empathize with each scenario illustrated. The lessons and practical advice to owners to overcome false starts and overbudgets are put forward with a studied determination guided by good intentions. Will Mr. LePatner's book single-handedly be the catalyst to fix the construction industry? No one can predict the future, but we can't say he didn't warn us. -Roy R. Pachecano, Real Estate Columnist, BUILDERnews Magazine


The Glass is Half Full - 44444
LePatner is a lawyer and he sees a lot of nightmare projects in his practice. Unfortunately, LePatner doesn't see the successful projects, the ones which are finished on time, on budget and the clients are happy.

I'm seeing a growing division between what happens in the field and what happens in the office. Technology has made the office more efficient and also more dependent. My fellow arm-chair managers are constantly at our desks, buried in e-mail, and married to our computers. We've invested time to learning mountains of software applications, but we've sacrificed our hands-on knowledge.

The traditional career path for project managers has also changed, the old days of putting your time in the field has changed to putting your time in college, then starting to manage projects. From my personal college experience, I didn't spend much time bolting things together. We are transferring more of the coordination process from the office and moving it into the field.

As things move to the field we're starting to deal with a lethal combination: rising labor costs and dropping productivity. Simply put, things are arriving in the field, but their not ready to be installed: now every minute is burning money.

LePatner offers advice, which is dead on: an owner needs a qualified person to decipher the mountains of information and technical complexities, but I think it's time for the industry to start getting back to the basics: good projects come from great builders.


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Critical Insight, Worth Reading - 44444
This book will not make contractors happy, but anyone in the business for more that few years will recognize the author's critique. Our industry has not grown from craft to professional management. We resist improvement and defend the status quo. The author points out the flaws in our industry, provides valuable history lessons, and then suggests, in principle, that equal information for owners and builders might help balance the scales.

I don't know that these suggestions will amount to more than so many other attempts to bring construction into the 19-th (let alone 21st century). But looking at the truth straight on seems to help one resolve to do better; for the owner it serves as a caution. A bit repetative, but insightful and most certainly worth reading. My compliments to the author for good research and blunt talk.




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In addition to this book -- Broken Buildings, Busted Budgets: How to Fix America's Trillion-Dollar Construction Industry -- Indonesia Home Interiors also has diverse books on interior design, home furnishing, and outdoor decoration. This is a free service provided by Indonesia Home Interiors, an Indonesian exporter of Indonesia fine handmade crafts for home interior & home furnishings. Indonesia Home Interiors is an official associate of Amazon.com.