How to Estimate and Manage Labor Costs for a Project
Discipline: Bidding Practices
On-site labor costs typically make up forty or more percent of this total project estimate and cost. Estimating and managing labor productivity and costs are the key elements of a profitable, timely, high quality, safe project. In this seminar estimating steps that emphasize the use of historical data, productivity factors, and rule of thumb checks are presented. Control processes that identify problems quickly for correction will be presented.
- Create estimating procedures to include productivity factors, rule of thumb checks and correlation estimating
- Analyze program for increasing labor productivity
- Implement controls for quick identification of problems and productivity overruns so that corrective actions can be taken
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Future Dates and Locations
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