Percent of work performed by own forces

A measure used in construction to assess how much a business depends on its own staff and resources to finish a contract or project is called percentage of work accomplished by own forces. It shows how much work a business does internally, using its own employees, tools, and knowledge, as opposed to contracting out or outsourcing work to other businesses or independent contractors.

This measure is important for a number of reasons:

1. Efficiency of Operations: It sheds light on how well a business makes use of its own resources. A high proportion suggests a heavy dependence on internal resources, which can result in lower costs and more control over how the project is carried out.
2. Control of Costs: As there may be less need to pay outside contractors or subcontractors, doing a larger percentage of work using internal forces can aid in cost containment.
3. Control of Quality: A corporation often has better control over quality and can guarantee that work is completed in accordance with its standards and specifications when it employs more people to complete the task.
4. Timetables and Scheduling: Project deadlines and schedules may be impacted. Businesses that depend more on internal resources may be able to better control project timelines and prevent delays brought on by outside variables.
5. Control of Risk: Reducing the dependence on subcontractors helps mitigate the possibility of delays or conflicts that could emerge when collaborating with other parties.
6. Assignment of Resources: This statistic aids in the efficient allocation of resources, including labor, tools, and supplies. Based on the amount of work that companies intend to handle internally, they may more effectively prepare for their internal resource needs.
7. Competitive edge: Organizations that can effectively manage tasks with their own staff may have an edge over competitors as they can provide a wider choice of services to customers and may be more flexible when project demands change.

But it’s crucial to find equilibrium. While it might be beneficial to do a large portion of the work yourself, other projects might benefit from outside experience or specialized subcontractors. The project’s nature, the company’s internal resources, and its strategic objectives all influence the right balance.

Construction businesses and project managers may assess their approach to project execution, resource allocation, and project management tactics with the help of this useful indicator.