Project Resource Optimization Considering Labor Productivity Factors

Abstract

Labor cost takes a central place during the operation of a company's activities due to its high monetary value and importance on its production. This is one of the priority questions on how to minimize labor costs and improve efficiency of workers. Timeframe, quality and works delivery on time are the most significant factors for project development. It is highly dependable on the efficiency of resources, factors related to its performance. When it comes to actual work and execution on site, work which executed by less qualified technicians or managers with irrelevant or not sufficient enough knowledge and experience may result in a low quality of work, mistakes which may need to be recovered on a later stages creating delays in a project schedule, additional cost, resources, project failure. This research we will be emphasizing on optimization of activities related to a construction field and on how to measure, execute, allocate available or proposed resources to a specific task to achieve a required level of performance.