chapter  1
6 Pages

Introduction

ByPAUL S. CHINOWSKY, ANTHONY D. SONGER

Concurrent to this negative image, the construction industry continues to stratify as illustrated by the revenue distribution between the small and large contactors. For example in the United States, there are approximately 199,286 construction organizations (US Bureau of the Census 2000). However, 46 percent of the revenue is being accumulated by less than 1 percent of the industry. Adding to this stratification is the increase in global competition affecting engineering and construction organizations in every region of the globe. In today’s marketplace, international competition is increasing as technology is changing the face of industry competition. Specifically, technology is reducing the importance of physical location.