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Productivity and Bid Factors - Minneapolis Chapter | June 18, 2019

  • 06/18/2019
  • Location: Bloomington, MN
  • Address: Sheraton Bloomington, 5601 W 78th Street

 

The NEW NECA Factors include 18 elements used to create a definitive methodology for productivity analysis. The three key levels of productivity are identified as minor, moderate and severe. The NECA Factors methodology can be used proactively, to better anticipate schedule and cost estimates prior to the disruption in productivity, or retroactively, to aid in the settlement of claims.

“To Bid or Not to Bid?” The second component of the course features an analysis of factors that affect bid success. The “Hit Rate” for electrical contractors, the cost of bid preparation and other elements of successful bids are considered and assigned a numeric value. The course will teach the contractor how to use quantifiable figures to ensure that allocation of labor and estimated project duration are as accurate as possible.

Following this class, participants will be able to:
• List the 18 elements used to create productivity analysis
• Identify steps to anticipate schedule and cost estimates prior to the disruption in productivity
• Use quantifiable figures to ensure that allocation of labor and estimated project duration 
• Explain the three major levels of productivity