Improving the Assessment of the Economic Effect of Improving the Quality of Construction Works
DOI:
https://doi.org/10.31150/ajebm.v7i11.3013Keywords:
economic system, efficiency, construction works, economic efficiencyAbstract
The need for improved economic assessment of quality enhancements in construction, especially in regional businesses, is addressed in this study. certain the socioeconomic benefits of effective resource usage in construction, this study fills a gap in the quality management frameworks that are currently in use, which frequently do not include economic impact assessments that are relevant to a certain location. In terms of methodology, the study uses statistical and economic analysis to assess quality costs and how they affect construction production. The findings show that quality improvement initiatives can lower total project costs, boost job creation, and improve the gross regional product. According to the consequences, implementing strict quality management procedures can encourage sustainable development in the building industry and increase regional economic growth.
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