This study aims to demonstrate the possible financial and economic gains through developing the capabilities of human resources to contribute to diagnosing and evaluating proposals to accelerate completion of construction projects implemented by real estate development companies. The College of Law building project at the University of Baghdad, which was implemented by Al-Faw General Engineering Company, was chosen as applied case, where data was identified describing the relationship between pressure on project completion time within the technically feasible range and its high costs using the critical path method with the help of the WINQSB program, and the data was used to determine the net present value of the proposal to accelerate building completion as a basic criterion according to which the decision to implement the proposal or not is made, and it included The hypothesis of the study is the possibility of using the method used in the applied case referred to above in developing the financial and economic performance of companies implementing construction projects and institutions benefiting from their services. The study reached conclusions, including the possibility of employing the results of using the critical path method in calculating the net present value to proposals of accelerate the completion construction projects. The study’s recommendations included the need for decision-makers in real estate development companies and institutions benefiting from their services to pay attention to using the method used in the applied study in all construction projects to develop their Financial and economic performance, and strengthening the components of a knowledge society and economy.
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