Activity Based Costing for Construction Companies : Wiley?Blackwell : 9781119194675 : 1119194679 : 31 Mar 2017 : YONG WOO KIM ACTIVITY BASED COSTING FOR CONSTRUCTION COMPANIES Construction projects are increasingly complex, with contractors facing decreased profitability as a range of factors drive up overhead costs. While the industry has traditionally focused on managing the direct costs of projects (labor and materials, for example), Activity-Based Costing (ABC) can be used to manage overhead costs effectively. This proven methodology has been tested in a range of industries, but application in the construction industry seems challenging due to the different contexts of construction and volume production. The construction industry does not have methodologies to manage overhead costs effectively because current cost management practices focus on managing direct costs. Activity-Based Costing for Construction Companies provides guidelines on how overhead costs can be managed using t