Abstract
This paper analyses the relationship of on-site health and safety performance and the anticipated profit margin. It reports on the main findings of the research which includes the analysis of historical safety records of 22 construction projects and their profit margins. A scoring system was adapted to measure performance and profit. Analysis of the results indicates that the better the health and safety score of a project the more profit that project is likely to make and vice versa. In short, projects that recorded safety incidents during construction have also made a loss in their profit margins as a result of fall in productivity, disruption and penalties.
| Original language | English |
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| Publication status | Published - 21 Jun 2011 |
| Event | 6th International Structural Engineering and Construction Conference - Zürich, Switzerland Duration: 21 Jun 2011 → 26 Jun 2011 |
Conference
| Conference | 6th International Structural Engineering and Construction Conference |
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| Abbreviated title | ISEC 2011 |
| Country/Territory | Switzerland |
| City | Zürich |
| Period | 21/06/11 → 26/06/11 |
| Other | 6th International Structural Engineering and Construction Conference: Modern Methods and Advances in Structural Engineering and Construction |
Keywords
- Health and Safety, construction project, performance, productivity, profit