Construction Cost Estimating – Composite Crew Rate
What is a Composite Crew Rate? Composite crew rates are a common practice for cost estimating. If you are using cost estimating software, you do not need to determine a crew composite rate; the software does it for you. But you still need to set up your crew(s) for your construction activities. Setting up the […]
How Do You Estimate Labour Productivity
At the core of cost estimating are labour productivity and efficiency. Do you have a good handle on it? Wikipedia defines labour productivity as: “the value of goods and services produced in a period, divided by the hours of labour used to produce them. In other words, labour productivity measures output produced per unit of […]