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<p>What are the added value in terms of percentage of profit ( % ? ) can be added to the main contractor profit from applying the construction project management tools and techniques ? and why ?</p> <p>by another way a company gain15% profit without applying construction project management tools and techniques ( by employing stuff or by outsourcing the services ) what is the % which the company can gain from applying the construction project management T&T? </p>
0 percent about optimizing your expenses in maximizing project benefits and meeting customer expectations.
Brother its not about what these tools and techniques could return you, it is about optimizing your expenses in maximizing project benefits and meeting customer expectations.
If you could meet customer expectations of a $10 project by spending $2, then $8 is your profit which is80% whereas in real life profit varies and is dependent on many factors which are sometimes controllable and uncontrollable.
So, it all depends on your efforts in estimating correctly.
Hope this answers your question.
In case of any query, please feel free to let me know. Thank you.
Sincerely,