Production Tracking - Total Daily Production

Look at your costs in three major categories and focus on tracking what matters the most.

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Look at productivity as a daily “Jar” where your objective is to pack as much “Earned Value” into it as possible.

Field Productivity: Total Daily Production when Production Tracking. 3 Cost buckets, Highly Variable, Mostly Fixed, and Indirect.
  1. Highly Variable costs which can be impacted the most by focusing on the 6 Pillars of Productivity and ABC Daily Planning
  2. Mostly Fixed costs such a major material and subcontractors can be impacted the most through disciplined and integrated supply chain management.  
  3. Indirect costs including jobsite supervision and logistics are driven by schedule which is a function of how much gets spent each day in categories 1 & 2. 

Focus on “Billable” as a great indicator of your value-add for the day considering that 100% completed tasks are easily billable to the customer.  If you want great cash flow on your project then your Schedule-of-Values (SOV) must be loaded in aligned with your task plan.

Optimizing productivity is about keeping the ratio of actual costs vs. billable equal to or lower than the ratio of your budget vs. contract.  Watch this as a daily, weekly, monthly and a running Job-to-Date (JTD) metric. 


Focusing on What Matters

Improving Labor Productivity Workshop

 

 


Labor Productivity
Field labor is the often the biggest variable on a construction project - making it the biggest risk and opportunity....

Labor Productivity
Field labor is the often the biggest variable on a construction project - making it the biggest risk and opportunity....

Production Tracking - Doing the Math as a Habit
Today contractors have amazing tools for tracking field production such as Rhumbix. We spend a lot of time developing very tightly integrated systems with our clients focused on production feedback.
Best Methods for Presenting Changes During the Design-Development Phase
Always be conservative, forthright and provide a clear roadmap to successful project delivery. The biggest thing you want to avoid are changes during construction or delays. Both will impact the income projections and possibly project viability.
What Do You Really Need to Be Effective?
Better tools and feedback systems will NEVER create value without the investment in training people and continuous hard work.