This course will enable participants to: Identify the sources of variation in their profits, select the methods that will reduce variation in operations, create management tools to continually improve predictability of labor and management, create a labor risk management methodology, and improve how the company appears to lending and bonding companies.
Improve Profits by Reducing Labor Risk
Description
Duration: 1 Day
Instructor: Dr. Perry Daneshgari
Reduction of labor risk has helped many other industries to reduce cost and improve productivity. By controlling variation in many aspects of their work, other industries have been able to reduce labor risk and stay competitive against international low cost producers. Variation and its impacts on contracting are now better understood as a result of research. Variation has impact on all aspects of operation; from office work to field support, from labor management to project management, from material management to supplier relationship and from foreman to foreman. By monitoring and controlling variation in a few small areas of their business, specialty contractors can reduce their labor risk and costs, become competitive and become low cost producers. This course will enable participants to: Identify the sources of variation in their profits, select the methods that will reduce variation in operations, create management tools to continually improve predictability of labor and management, create a labor risk management methodology, and improve how the company appears to lending and bonding companies.
