Labor Overruns are Costly!
Understanding Labor is the Key to Estimating Accuracy
Electrical contractors often have difficulty meeting the labor hours that they provide in an estimate. These costly labor overruns are not necessary; estimators who take the time to understand and apply fundamental principles of estimating jobs are likely to decrease or even eliminate overruns.
Most labor overruns are caused by:
· Not including enough labor hours in the estimate
· A failure to apply installation labor factors; difficulty can increase the estimate
· A failure to calculate project labor factors; difficulty can increase the estimate
· Poor project management
· Poor labor productivity
To learn more download the Estimating 101 Executive Summary which includes a 50 minute on demand webinar and F.A.Q. document.
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