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Weight Factor

Moutaz AldeibMember for 22 years 9 months
Created
6
4
0

Hi All,

i have a project has five WBS and each one of them has a duration and cost, and i need to determine weigth factor for each wbs based on time and cost, is there any method to do that, or there is another method to determine the weight factor?

best,

muataz

6 replies

Oldest first
  1. 0
    Jithin Kambhikanam ·

    Hi Moutaz,To Calulate

    Hi Moutaz,

    To Calulate weightage you can do it by either

    • By Only Cost
    • By Time and Cost

    If the Project is only Construction then Manhours / Activity would be good.

    If the Project is Engineering, Procurement and Construction then it would be better to use Manhours / Deliverable, Cost / Item and Manhours / Activity to measure each WBS.

     

    In an Overall summary ou can use Cost or the weightage given by Client.

     

    Regards

    Jithin

     

  2. 0
    Mike Testro ·

    Hi MoutazWeightage only

    Hi Moutaz

    Weightage only becomes a problem when a planned task s a combination of trades and/or location ie:

    FRC Suspended slabs : 20-10-17 > 15-12-17 > 40d

    When this task is spread over - say - 5 slabs then you have both a time and cost weithage problem.

    This is because planners are lazy and lack pride in their profession.

    It is just as easy to plan the work in detail ie:

    Level 1

    Slab Form > Rebar > Edge Forms > Pour Concrete

    Level 2

                    Slab Form > Rebar > Edge Forms > Pour Concrete

    Etc

    Then you just report % complete in either time or volume on each task.

    Best regards

    Mike T.

  3. 0
    Moutaz Aldeib ·

    Jithin the case i have is not

    Jithin

    the case i have is not construction and both time and cost are preferable to be used, my question is how to use both?

    best,

    muataz

  4. 0
    Mehdi Rashidi Alangeh ·

    Dear moutazHi,the best way

    Dear moutaz

    Hi,

    the best way for create weight factors as following items:

    1- Cost ( 70 % share)

    2- Time ( 30 % share)

    Total weight= 70% w.cost+ 30% w.Time

    Also you need determain the S.W.U ( Specific Work Units) for in the WBS units.

     

    Best Regards

    Rashidi

  5. 0
    Mike Testro ·

    Cost is not a reliable method

    Cost is not a reliable method of reporting progress.

    Your split of 70 / 30 is too broad an average when in some task the split is 20 / 80 and others 90 / 10.

    If you are going to apply this method then you must allocate the correct split to each task.

    Also there is a 3rd split of OH&P which is not progress related at all.

  6. 0
    Mehdi Rashidi Alangeh ·

    ِDear TestroHi,you are right,

    ِDear Testro

    Hi,

    you are right, but my method is a simple sample for buttom up approach. the best solution depend on Create S.W.U for Project.

     

    B/R

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