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

 

 


Production Tracking - Total Daily Production
Field labor is the often the biggest variable on a construction project - making it the biggest risk and opportunity....

Production Tracking - Total Daily Production
Field labor is the often the biggest variable on a construction project - making it the biggest risk and opportunity....

Short-Interval Plan (SIP) Workflow vs. Tool
Few things will improve project outcomes more than intentional planning and deliberate execution of your Short-Interval Plans. (SIPs). The SIP tool is the tangible task, the workflow is the much more valuable piece that creates great outcomes.
Cash Flow Tip 7 - Schedule-of-Values
Having a good SOV and billing format will set you up for cash flow success throughout the project.
Cash Flow Tip 17 - Cascading Reporting Systems
Developing rigorous weekly Operating Rhythms in your business will help everything run smoother just like they do at the project level.