Project Professionals a blog by McLaughlin & McLaughlin Project and Dispute Consulting LLC will be offering a few project tips regarding Project Management and Labor Productivity over the next few weeks.
Labor Productivity – Productivity Factor (PF) according to #AACEI equals Actual Productivity divided by Baseline or Planned Productivity.
Labor Productivity – Performance Factor (PF), according to Schwartzkoff equals Estimated Unit Rate divided by Actual Rate.
Labor Productivity – A simple KPI is the ratio of Planned Man-Hours divided by Actual man-hours – “Earned over Burned.”
Labor Productivity – There are several KPI’s that can be used for project/construction management.
Labor Productivity – Use of labor productivity KPI facilitates proactive project management.
Labor Productivity – As a leading Indicator, Labor Productivity represents an excellent management tool.
It is important to note that McLaughlin and McLaughlin Project and Dispute Consulting LLC [M&M] is not a law firm and is not intending to provide legal advice. M&M is a consulting firm providing (among other services) non-legal expertise in construction claims, dispute resolution and litigation support. For further information on M&M services, please see www.McLaughlinandMcLaughlin.com.