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Broken Buildings, Busted Budgets: How to Fix America's Trillion-Dollar Construction Industry

Product ID : 18155649


Galleon Product ID 18155649
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About Broken Buildings, Busted Budgets: How To Fix

Product Description 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   Review 0;As a leading construction industry attorney, Barry LePatner knows the industry as well as anyone2;warts and all. Here he sends a strong warning to owners, agencies, and institutions charged with constructing or renovating the built environment to get their act together and radically rethink their business practices. He not only zeroes in on the industry7;s shortcomings but also offers up cures.1;2;Stephen A. Kliment, FAIA -- Stephen A. Kliment (03/05/2007) 0;Construction, a $1 trillion industry, is a bedrock of the mighty U.S. economy. But as Barry LePatner shows, it operates with an efficiency more characteristic of the old Soviet Union. "Broken Buildings," "Busted Budgets "proves that waste, overspending, and economic irrationality pervade the industry, burdening consumers, taxpayers, and shareholders with enormous costs. As important, it lays out a blueprint for reform.1;2;Daniel Gross, 0;Moneybox1; columnist for Slate.com -- Daniel Gross (02/19/2007) 0;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.1;2;James R. Hagerty, "Wall Street Journal" -- James R. Hagerty "Wall Street Journal" (12/05/2007) 0;Everyone in construction, from owners to contractors, from architects to construction workers, should read this book. Those who do will surely join Mr. LePatner in his crusade to fix an industry so vitally important to the way we live.1;2;A. Eugene Kohn, Chairman, Kohn Pedersen Fox Associates -- A. Eugene Kohn (03/01/2007) 0;I found it definitely a worthwhile and stimulating read. A must for anyone interested in the economics of construction.1; 1;Tyler Cowen, "Marginal Revolution" -- Tyler Cowen "Marginal Revolution" (09/20/2007) 0;Not since "The Business Roundtable" raised the red flag over 25 years ago on the ineffective use of construction dollars and its impact on the global economy has a treatise provided in-depth reasoning on the culprits. "Broken Buildings, Busted