Managing Project Labor Costs Effectively

Managing Project Labor Costs Effectively

Understanding why this particular part of the project features the most risk and the least control  

Labor cost management is typically what defines a project as a success or failure. Budgeting, forecasting, and managing the other costs on a project (materials, subcontracts, and general conditions) is fairly straightforward, but labor is ultimately what makes or breaks a job. A good superintendent and a productive workforce typically lead to project successes, while poor or insufficient supervision, coupled with an under-producing workforce, are a recipe for financial disaster.

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