Electric Smarts Interview - Contracting Profitably

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Information about Electric Smarts Interview - Contracting Profitably

Published on February 3, 2007

Author: dbrownmanagement

Source: slideshare.net

Description

These are the slides from an interview with Electric Smarts (www.electricsmarts.com). The audio / video file is online and these slides can help make sense of some of the discussion.

CONTRACTING PROFITABLY ElectricSmarts Brain Bank Series See Audio / Video Online At www.electricsmarts.com www.dbrownmanagement.com D. Brown Management A Hands-On Approach

About David & D. Brown Management In industry since 1988 Apprentice, electrician, superintendent, project management, executive Stints with GC and CPA Projects from service calls through $20M design & build construction + business www.dbrownmanagement.com D. Brown Management A Hands-On Approach Field | Management | Consulting

In industry since 1988

Apprentice, electrician, superintendent, project management, executive

Stints with GC and CPA

Projects from service calls through $20M design & build

construction + business

Making a Perfect Cup of Coffee www.dbrownmanagement.com D. Brown Management A Hands-On Approach Craftsman | Manager | Owner

Electrical Construction Cost Breakdown The installation costs (both labor & equipment) are highly variable and make up the largest part of the construction costs www.dbrownmanagement.com Opportunities & Risks D. Brown Management A Hands-On Approach

The installation costs (both labor & equipment) are highly variable and make up the largest part of the construction costs

How Time in Construction is Spent Planning makes actual installation more efficient Other activities such as planning and layout shifted to beginning of the project Other activities such as site movement, material logistics, general non-productive time and re-work are minimized www.dbrownmanagement.com Opportunities For Improvement D. Brown Management A Hands-On Approach

Planning makes actual installation more efficient

Other activities such as planning and layout shifted to beginning of the project

Other activities such as site movement, material logistics, general non-productive time and re-work are minimized

Understanding The Average Construction Day Source RS Means Electrical Estimating Cost Data NECA has similar breakdown Labor units are based on these standards – watch over time and you’ll see they are very close www.dbrownmanagement.com Where Can We Improve On This? D. Brown Management A Hands-On Approach

Source

RS Means Electrical Estimating Cost Data

NECA has similar breakdown

Labor units are based on these standards – watch over time and you’ll see they are very close

Running 100’ of ½” EMT (3.5 Hours Time) 6 minutes spent with plans 6 minutes gathering materials 10 minutes getting mobilized to work area 15 minutes laying out area 10 minutes moving around in work area, bathroom, etc. 6 minutes cleaning up 12 minutes breaks & general non-productive time www.dbrownmanagement.com How The Work Typically Happens Just over 2 hours is spent on actual installation D. Brown Management A Hands-On Approach

6 minutes spent with plans

6 minutes gathering materials

10 minutes getting mobilized to work area

15 minutes laying out area

10 minutes moving around in work area, bathroom, etc.

6 minutes cleaning up

12 minutes breaks & general non-productive time

Four Areas of Focus – What Can You Save? 11% Plans & Layout 6% Material Procurement & Logistics 13% Mobilization, Site Movement & Cleanup 6% Breaks & Non-Productive Time www.dbrownmanagement.com 36% Of Your Labor Budget! D. Brown Management A Hands-On Approach

11% Plans & Layout

6% Material Procurement & Logistics

13% Mobilization, Site Movement & Cleanup

6% Breaks & Non-Productive Time

Material Procurement & Logistics 6% of your time is spent on these activities 300 man hours for a 5,000 man hour project! That’s 1 person for 2 months! www.dbrownmanagement.com Getting What You Need To Build With Making material lists Keeping the commodities stocked in storage container Moving materials from container or shop to gang boxes From gang box to work area Receiving fixtures and equipment Figuring out where fixtures and equipment go Staging fixtures and equipment around project Dealing with missing parts D. Brown Management A Hands-On Approach

6% of your time is spent on these activities

300 man hours for a 5,000 man hour project!

That’s 1 person for 2 months!

$75,000 15 Person Company (Saving A Few Minutes Per Day) www.dbrownmanagement.com D. Brown Management A Hands-On Approach

MORE INFORMATION dbrownmanagement.com (916) 716-1696 [email_address] www.dbrownmanagement.com D. Brown Management A Hands-On Approach

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