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Managing Overhead in Consulting Engineering Firms

by Carl J. Blase, De Leuw, Cather & Co, Washington, DC, USA,



Document Type: Proceeding Paper

Part of: Managing Finances

Abstract:

One of the ways an engineering firm can maintain - or increase - profitability is through judicious management of overhead. Yet various industry studies suggest that the typical engineering or service firm devotes little serious attention to its overhead structure. This paper presents a general description of the financial significance of overhead costs to engineering organizations and a case study discussion of how the De Leuw, Cather Organization has approached management of its overhead costs.

Subject Headings: Consulting services | Financial management | Structural engineering | Engineering firms | Case studies | Systems engineering | Profits

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