Designing an Optimal Model to Implement and Increase the Profitability of EPC Projects

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9KQO9

Efficient research management methods for improving project outcomes.

Designing an Optimal Model to Implement and Increase the Profitability of EPC Projects

Mehdi Khazaei
Mehdi Khazaei
DOI

Abstract

The purpose of this study is to identify the factors affecting on increasing of contractors ‘profits of EPC projects and also to estimate the impact of each factor on the increase of contractors’ profits. For this purpose, a questionnaire based on the components extracted from previous studies was prepared and sent to EPC project experts. At this stage, the factors affecting on profitability of EPC projects were identified according to the PMBOK standard. Then, the opinion of experts on the importance of each of the factors affecting on increasing EPC contractors’ profits was obtained based on the Likert five-choice range and analyzed using SPSS software. The results show that the timely supply of equipment, avoiding of complex administrative bureaucracy, innovation and use of new technologies, adequate expertise and timely financing have the greatest impact on increasing the profits of EPC contractors, respectively.

Designing an Optimal Model to Implement and Increase the Profitability of EPC Projects

The purpose of this study is to identify the factors affecting on increasing of contractors ‘profits of EPC projects and also to estimate the impact of each factor on the increase of contractors’ profits. For this purpose, a questionnaire based on the components extracted from previous studies was prepared and sent to EPC project experts. At this stage, the factors affecting on profitability of EPC projects were identified according to the PMBOK standard. Then, the opinion of experts on the importance of each of the factors affecting on increasing EPC contractors’ profits was obtained based on the Likert five-choice range and analyzed using SPSS software. The results show that the timely supply of equipment, avoiding of complex administrative bureaucracy, innovation and use of new technologies, adequate expertise and timely financing have the greatest impact on increasing the profits of EPC contractors, respectively.

Mehdi Khazaei
Mehdi Khazaei

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Mehdi Khazaei. 2026. “. Global Journal of Human-Social Science – E: Economics GJHSS-E Volume 22 (GJHSS Volume 22 Issue E7): .

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Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

Issue Cover
GJHSS Volume 22 Issue E7
Pg. 59- 68
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GJHSS-E Classification: DDC Code: 343.730526 LCC Code: KF390.I54
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Designing an Optimal Model to Implement and Increase the Profitability of EPC Projects

Mehdi Khazaei
Mehdi Khazaei

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