Productivity is the essence of the construction industry. The faster you can get a job done, the more money you can make. Clients rely on professionals that can execute tasks quickly and efficiently. One of the most expensive parts of a project is typically labor costs. Hiring the right trades, scheduling them on site: it’s difficult to minimize your man hours. At CCS Construction Staffing, we run a tight ship. We’re here to show you how to calculate your man hours effectively to maximize productivity.
Man Hours
As a construction manager, you need to schedule with precision to avoid any wasted time. If you have a crew of 20 for a job and expect them to work a forty hour week, and you anticipate the project will take 12 weeks. You can calculate the man hours by multiplying that 40 hours by 20, and then multiply the result by 12. That will equal 9,600 hours, which is how many total man hours your project will take to complete. As you bid on projects, use past calculations to inform your estimations for new ventures using this framework.
Products of the Process
In many industries, you can draw a direct line between your efforts and your results. However, construction is a complicated business. We want you to be able to closely identify the outcomes of how you invest your man hours. If a project brings in $500,000, divide this number by the amount of man-hours utilized. In our example, the dividend is $50. That means each employee brought in $50/hour through this project.
What’s Next?
You may be thinking, okay, what do I do with these numbers? In the example we’ve provided, your team has shown themselves to be incredibly efficient. However, if that same job only brought in $90,000, the numbers aren’t so good. Breaking even on a project means you’ve made a mistake somewhere along the line and you’ll want to regroup. Did you underbid, or did you misuse man hours? One of our best tips to maximize productivity is to hire professionals that have experience in more than one discipline so the project doesn’t come to a halt without a certain trade.
If you need more ways to improve your productivity, you may need more professionals available on site. To hire new hands fast, you need CCS Construction Staffing. As a top construction staffing agency in the Southeast, we can connect you to qualified candidates with a breadth of experience. Contact us today to learn more.