الفهرس 
Contracting Companies in EgyptOnly 14 pages are availabe for public view
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Abstract
The building and construction sector represents an important
part in the Egyptian economy because it consumes about 45%
of the total governmental investment.
Because of the huge investments in this sector and the repair,
strengthening, or replacement of some defective works, which
means a poor quality during the execution, contracting
companies start to suffer from losing the costs of repair in
addition to the loss of the other parties involved in the
construction industry (owner, consultant, and national
economy).
It is well known in construction industry that the remedy
costs could be increasingly higher than the original costs. This
causes loss of public or private money due to the poor quality
of works taking into consideration the needed time for
repairing the works and the notorious position of the
construction industry with its all parties.
Therefore, it is the objective of this investigation to study the
relation between quality of work and profitability of
contracting companies. In other words, can the quality of
work be considered an effective and important factor in
increasing companies’ profitability? Also, the effect of poor
quality on the Egyptian national economy? And to specify a
simple, and easy method to put quality into the main strategic
targets for construction industry. The investigation focuses on
large contracting companies involved on low-income housing
projects.
In this regard, costs of poor quality for some existing cases
were investigated to be an important indicator for this relation. According to the discussed existing field cases in this
investigation, it was found that:
It cannot be denied that Quality of work plays an important part
in profitability of contracting companies.
Quality of work must be the main strategic target for any
contracting company because high quality and high return on
investment usually go together.
The best relationship between the quality and profitability is the
profitable quality.
The relationship between quality and profitability is a very
sensitive. It is also a long-term relationship.
The effect of poor quality may cause different problems, which
were mentioned, for all parties in the construction industry.
In this respect, the Egyptian economy losses are estimated to
be about L.E. 200,000,000. (Two hundred million Egyptian
pound).
Quality-profitability influencing factors (Q-P IF) that controls
the effect of quality on profitability were investigated.
Profitable quality management is the best way to improve and
develop the construction and building sector through what is
called profitable quality road map by practicing the suggested
profitable quality four-parties methodology.