ABSTRACT
This first chapter in the second half of this book commences with a look at investment in construction projects. In this case the term ‘investment’ should be regarded as a financial involvement in a project undertaking, aimed at gaining a benefit in the future; usually profit, but not necessarily so. This said, it is significant that the value of such investment expenditure or financial involvement which takes place is a known entity while the future potential benefits, that is, the profit from the investment, is only a possibility and not therefore secure.
