Proper cost accounting and ¿nancial management are essential elements of any successful con- struction job, and therefore make up essential skills for construction project managers and project engineers. Many textbooks on the market focus on the theoretical principles of accounting and ¿nance required for head of¿ce staff like the chief ¿nancial of¿cer (CFO) of a construction ¿rm. This book's unique practical approach focuses on the activities of the construction management team, including the project manager, superintendent, project engineer, and jobsite cost engineers and cost accountants. In short, this book provides a seamless connection between cost account- ing and construction project management from the construction management practitioner's perspective.