Definition - Capacity

How Much of something (capability) a person, team, or company handle. Consider this in ranges of comfortable (sustainable) and peak (sprints).

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EXAMPLE

Capabilities can be similar but having a field workforce of 50 and 25 pieces of equipment is very different than having 500 people and 250 pieces of equipment in terms of the quantity and size of projects that can be pursued and built.


 

Capacity is one of the 5 Cs of Credit and will be a factor in both your bonding capacity and operating line-of-credit (LOC). Capacity is part of the specs of every vehicle and piece of equipment. Capacity at the craft level is pretty well defined by the units used in estimating.

Capacity in management, coordination, administrative, and other staff roles is typically much more difficult to see, especially when the role is responsible for a wide range of tasks. 


Definition - Capacity
Building a project requires knowledge of, and skill in using thousands of construction-specific definitions, acronyms, and metrics. Building a business including the development of people has its own vocabulary forming the foundation of communication....

Definition - Capacity
Building a project requires knowledge of, and skill in using thousands of construction-specific definitions, acronyms, and metrics. Building a business including the development of people has its own vocabulary forming the foundation of communication....

Definition - Delegation
Delegation is the process of distributing and entrusting work to another person. This includes standards, resource allocation, follow-up, and quality checks to ensure the work is done correctly. Accountability for outcomes does not diminish.
Succession Planning at All Levels
If a construction company is growing at 15% per year, then it will double in size about every five years. Therefore, in general, every position must be training at least two people that will be capable of succeeding them within five years.