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
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7From India, Kolkata
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When planning for a major business project or establishing annual goals, looking at the costs of labor is essential to determining whether you will be able to meet your financial goals. Looking at man-hours in terms of standard labor costs and overtime wages helps managers keep budgets accurate and on track. Calculating man-hours is often used in preparation for a contract bid, 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 of time.
Assume you have a 12-week project with employees working a 10-hour day, five days a week. There are two national holidays in the time period when your employees will not work. There are five employees on the job.
Multiply the five-day work week 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
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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 of time.
Assume you have a 12-week project with employees working a 10-hour day, five days a week. There are two national holidays in the time period when your employees will not work. There are five employees on the job.
Multiply the five-day work week 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
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