Is there a Correlation between Contractor’s Health and Safety Performance and their Profit Margin?
Conference paper
Naoum, S., Hemmings, B. and Fong, D. (2011). Is there a Correlation between Contractor’s Health and Safety Performance and their Profit Margin? ISEC 2011 - 6th International Structural Engineering and Construction Conference: Modern Methods and Advances in Structural Engineering and Construction. Zurich, Switzerland 21 - 26 Jun 2011
Authors | Naoum, S., Hemmings, B. and Fong, D. |
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Type | Conference paper |
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. |
Keywords | Health and Safety, construction project, performance, productivity, profit |
Year | 2011 |
Journal | ISEC 2011 - 6th International Structural Engineering and Construction Conference: Modern Methods and Advances in Structural Engineering and Construction |
Accepted author manuscript | License File Access Level Open |
Publication dates | |
21 Jun 2011 | |
Publication process dates | |
Deposited | 04 Apr 2023 |
Permalink -
https://openresearch.lsbu.ac.uk/item/9397q
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Accepted author manuscript
ISEC paper on Safety and Profit ver2.pdf | ||
License: CC BY 4.0 | ||
File access level: Open |
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