Please explain how to calculate the man days if total no of working days are 153 days and maximum number of contract labour employed any day 417.
From India, Kolkata
Acknowledge(4)
Amend(0)
7From India, Kolkata
Acknowledge(4)Amend(0)
Understanding Man-Hours in Project Planning
When planning for a major business project or establishing annual goals, examining labor costs is essential to determine whether you can meet your financial objectives. Considering man-hours in terms of standard labor costs and overtime wages helps managers maintain accurate and on-track budgets. Calculating man-hours is often used in preparation for a contract bid, which is common in the construction industry.
For an annual budget, remove all non-working days from the work year. Do the same for a project planned to be completed over a shorter period.
Assume you have a 12-week project with employees working a 10-hour day, five days a week. There are two national holidays during this period when your employees will not work. There are five employees on the job.
Multiply the five-day workweek by 12 weeks: 12 * 5 = 60. Subtract the two holidays for 58 days. Multiply the number of workdays by 10 hours per day: 58 * 10 = 580 (these are the project hours per employee).
Multiply the per-employee man-hours by the number of employees on the job: 580 * 5 = 2,900. There are 2,900 total man-hours assigned to this project.
From India, Surat
Acknowledge(0)Amend(0)
When planning for a major business project or establishing annual goals, examining labor costs is essential to determine whether you can meet your financial objectives. Considering man-hours in terms of standard labor costs and overtime wages helps managers maintain accurate and on-track budgets. Calculating man-hours is often used in preparation for a contract bid, which is common in the construction industry.
For an annual budget, remove all non-working days from the work year. Do the same for a project planned to be completed over a shorter period.
Assume you have a 12-week project with employees working a 10-hour day, five days a week. There are two national holidays during this period when your employees will not work. There are five employees on the job.
Multiply the five-day workweek by 12 weeks: 12 * 5 = 60. Subtract the two holidays for 58 days. Multiply the number of workdays by 10 hours per day: 58 * 10 = 580 (these are the project hours per employee).
Multiply the per-employee man-hours by the number of employees on the job: 580 * 5 = 2,900. There are 2,900 total man-hours assigned to this project.
From India, Surat
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Project Planning.doc
Project Profitability Estimation Sheet.xls