What is O&P in Construction: Understanding Overhead and Profit
1. Introduction What is O&P in Construction: Construction projects, whether residential, commercial, or public, involve a multitude of expenses. Understanding the concept of Overhead and Profit (O&P) is crucial for both contractors and clients. O&P impacts project costs and profitability, making it an integral part of construction management. 2. Defining Overhead and Profit Overhead refers […]