STP Unit 5: Improving Productivity and Managing Project Costs - Online

STP Unit 5: Improving Productivity and Managing Project Costs

This course covers understanding how project estimates are compiled, how to compare actual project costs with those estimated and how to control costs to meet the estimate. This course also details how productivity is measured, how the supervisor plays a major role in increasing jobsite productivity and how a small increase in productivity can have a significant impact on the time and cost of a project. 

• Construction estimates  
• Who controls project costs  
• Reporting and analyzing actual costs  
• Planning for cost control  
• Cost control strategies  
• Labor cost variances  
• Working with project partners 
• Managing risk and loss potentials  
• Cost control strategies 
• Post-project evaluations 
• Benchmarking construction productivity  
• Improving productivity through preplanning  
• New skills for effective supervision 
• Personnel management 
• Equipment management for productivity improvement 
• Jobsite productivity, planning and scheduling 
• Quantifying lost labor productivity
• Record keeping, control, changes, and defect analysis