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What unit of time is used to measure labor

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Reference no: EM133549060

Questions:

  1. What unit of time is used to measure labor? What does it represent?
  2. How do climatic conditions influence the amount of work actually completed in an hour?
  3. Where would you use cycle time to estimate productivity?
  4. Where would you use the rate of progress to estimate productivity?
  5. What effect could an extreme shortage of skilled workers have on the cost of a project?
  6. What are the advantages to a small contractor of renting equipment instead of owning?
  7. What is depreciation on equipment?
  8. What operating costs must be considered?
  9. Why should interest be included in the equipment costs the contractor paid cash for the equipment?
  10. If there is excessive idle time for equipment on the job, to what factors may this be attributed

Reference no: EM133549060

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