Chapter 12 Profitability: A Measure of Project Success

Adoption of sustainability principles is crucial for construction project delivery, and various parameters are being used as a yardstick for its measurement. This chapter discusses profit as one of the parameters used to determine the success of a sustainable construction project. It explains such issues as the nature and important of construction industry and its product (construction project), meaning of sustainable construction as well as meaning of profit and what its entails in construction. It reviews the value of profit as a measure of success for a construction project and also encourages the need for planning and analysis of all activities involved on a construction project in relation to its environment so as to validate the profit as a measure of project success.

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Year of publication:	2022
Authors:	Oke, Ayodeji E.
Published in:	Measures of sustainable construction projects performance. - Bingley, U.K. : Emerald Publishing Limited, ISBN 978-1-80382-999-9. - 2022, p. 115-122
Subject:	Projektmanagement \| Project management \| Erfolgsfaktor \| Success factor \| Rentabilität \| Profitability \| Projektbewertung \| Project evaluation \| Messung \| Measurement

Type of publication:	Article
Language:	English
Other identifiers:	10.1108/978-1-80382-997-520221030 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10015392055