doi:10.3850/978-981-08-7920-4_S1-CS11-cd


Is there a Correlation between Contractor’s Health and Safety Performance and their Profit Margin?


Shamil Naoum, Brian Hemmings and Daniel Fong

Department of the Built Environment, London South Bank University, London, United Kingdom.

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 tomake 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.

Keywords: Health and safety, Construction project, Performance, Productivity, Profit.



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