Global Journal of Human Social Science, E: Economics, Volume 22 Issue 7

© 2022. Mehdi Khazaei. This research/review article is distributed under the terms of the Attribution-NonCommercial- NoDerivatives 4.0 International (CC BY-NC-ND 4.0). You must give appropriate credit to authors and reference this article if parts of the article are reproduced in any manner. Applicable licensing terms are at https://creativecommons.org/licenses/by-nc-nd/ 4.0/. Global Journal of HUMAN-SOCIAL SCIENCE: E Economics Volume 22 Issue 7 Version 1.0 Year 2022 Type: Double Blind Peer Reviewed International Research Journal Publisher: Global Journals Online ISSN: 2249-460x & Print ISSN: 0975-587X Designing an Optimal Model to Implement and Increase the Profitability of EPC Projects By Mehdi Khazaei Sharif University of Technology 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. Keywords: profit; EPC project; innovation; expertise; PMBOK. GJHSS-E Classification: DDC Code: 343.730526 LCC Code: KF390.I54 DesigninganOptimalModeltoImplementandIncreasetheProfitabilityofEPCProjects Strictly as per the compliance and regulations of: