INNOVATIVEFINANCIALCRISIS MANAGEMENTINCONSTRUCTION PROJECTS

Abstract

This study offers a novel method for managing
 financial
 crises
 in
 building
 projects,
 emphasizing the best use of resources during
 recessions, such as the COVID-19 pandemic.
 The research gives decision-makers a
 structured tool to strategically reduce the
 financial consequences on project profitability
 by using a mathematical model based on
 MATLAB. In order to maximize profit
 margins and facilitate effective unit building
 across projects, the model incorporates key
 economic characteristics, including project
 and annual budgets, construction costs,
 projected returns, and interest rates. The
 search finds important projects and deadlines
 via thorough sensitivity analysis, which makes
 it possible to create worst-case scenarios that
 evaluate and reduce financial risks in unstable
 times. The model is validated by a case study
 of large-scale building projects in Jordan,
 which shows great potential for cost savings
 and improvements in strategic resilience. The
 results provide a framework for proactive
 financial
 planning
 in
 construction
 management and highlight the value of
 adaptive financial measures in enhancing
 crisis resilience.