E401: Ask Coach – Is Your Estimated Productivity Right?
Manage your projects closely yo make sure production matches your estimate.
- Establish benchmarks
- Look at estimating guides (just for a start)
- Compare to your experience and actual production
- Use your gut
- Make adjustments
- Job specific adjustments
- Seasonal effects on production
- The effects of your personnel
- Use historical feedback
- Tracking, monitoring and adjusting
- It could be said that your estimate is right if you got the job
- Now it’s time to hit the numbers
- Develop tracking systems for key metrics to make sure you hit the numbers
- Make adjustments to productivity and cost
- The bottom line is to finish the project at or below estimated cost
- It could be said that your estimate is right if you got the job