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Project Cost & Manhour Calculation

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Arun VasanthMember for 17 years
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Dear Friends

 

Today I got a new thumb rule from my manager

That is 22% of the project cost is the Budgeted manhour.

Is this statement is correct .Please help me my dear friends...

 

 

Regards

Arun Vasanth

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  1. 0
    Forest Peterson ·
    #1

    Some attributes about the

    Some attributes about the project type - building/civil, structures/earthwork, design-build/unitCost, project type, selfPerformed/constructionManaged, union/non-union, other attributes you think of. The general answer without project attributes, from historical data gathered in Western North America: High 40%, Low 20%, average 30%, standard deviation 5%, sample size 100 projects.

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  2. 0
    Sunil Babu ·
    #2

    Hi Vasanth, Some times it

    Hi Vasanth,

    Some times it depends on the High,low and medium Production rates.

    That figure may be varying depends on the projects and the country wise..

    Regads

    Sunil.

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