Fatigue management strategies

Fatigue management strategies What is fatigue? Fatigue is an often misused and overused term for ‘tired’. But fatigue and passing or short-term tiredness, laziness or even drowsiness are different. In the context of work fatigue, which is what we are focusing on in talking about fatigue management strategies, fatigue is: Mental and/or physical exhaustion which…

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Construction work order format

Construction work order format (Better than word, excel and PDF format) What is a construction work order? A work order is a task or job for a customer which is schedule or assigned to someone. Not all tasks and jobs are assigned or defined as work orders, but many of them are. And so a…

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Value of work done VOWD

Value of work done (VOWD) Value of work done definition Value of work done (VOWD) is a project management and reporting technique for measuring the costs of a project at a specific point in time. Your value of work done represents the full value of work that has been completed against the commercial commitments of…

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What is the lowest experience modification rate possible

What is the lowest experience modification rate possible? What is a ‘normal’ experience modification rate? The base experience modification rate (EMR) for all companies is 1.0. A 1.0 experience modification rate means you are on par with your peers, and achieving the normal or expected safety outcomes of a company of your size in your…

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Variance at completion VAC

Variance at completion (VAC) What is variance at completion? Variance at completion or VAC is a project management and analysis tool used for projecting the different between your initial budget and the most recent budget estimate. The number which falls out of your variance at completion calculation gives you a strong idea about whether you…

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Experience modification rate EMR

Experience modification rate (EMR) What is experience modification rate? Experience modification rate is a commonly used business and safety metric which insurers use to calculate a specific company’s insurance premium. Experience modification rate is often shortened to EMR, and can also be referred to as EMOD, MOD or even XMOD. Your experience modification rate is…

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Types of construction estimates

Types of construction estimates The different components to the different types of construction estimates Before we dive into the types of construction estimates, it’s helpful to zoom out a little bit and summarise the types of general project management estimates. Understanding these gives us a better understanding of how and when to deploy our different…

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Budgeted cost of work scheduled BCWS

Budgeted cost of work scheduled (BCWS) What is budgeted cost of work scheduled? Budgeted cost of work scheduled, also commonly shortened to BCWS, is a key project management measure and KPI which is used to understand the planned costs of the project at any point in time. Budgeted cost of work scheduled is also known…

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Budgeted cost of work performed

Budgeted cost of work performed (BCWP) What is budgeted cost of work performed? Budgeted cost of work performed (BCWP) is a very commonly used project management tool, which is more often known as and talked about as earned value. Budgeted cost of work performed is the budgeted cost of the work which has been performed…

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Construction cost reporting

Construction cost reporting: What you need to know Why is cost reporting in construction important? Construction project success is measured on a number of dimensions, including whether it’s finished on time, the safety outcomes for workers, the environmental outcomes, stakeholder relations – and of course whether the project is finished on budget. Cost reporting in…

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