النتائج (
العربية) 1:
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The construction industry is classified as one of thelargest industries in the nation. The construction chartbook reports that 3.8% of the gross national product isgenerated by the construction industry. The reportedspending in the industry reached $452.1 billion during1996. However, because of its’ extreme competitiveness,this business is consistently fraught with failures.Construction businesses fail at the rate of 1.4 times thenational average and 37% of these failures had been inbusiness 10-yrs or more (CPWR, 1998).The high failure rate and extreme competitiveness ofthe construction business demands that contractorscontinuously look for new ways to reduce costs. Manycompanies seek to gain competitive advantages by reducinglabor and raw material costs or by increasing service andcontrolling losses. One way that companies in theindustrial sector have found effective in increasing profitmargins is by effective equipment maintenance.DuPont, for example, reported cost savings of $200
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