Efficiency is often the key to profitability. Conversely, inefficiency boosts costs, busts budgets and kills profits. Given the consequences, understanding and managing the efficiency of construction is important to everyone on the project û from the contractors, subcontractors and suppliers that experience inefficiency to the owners and design consultants whose actions can lead to inefficiencies. The first step toward managing efficiency is to understand what it is and know how to measure it. That is the objective of this teleconference. The benefits of being a part of this teleconference include an experienced instructor who will explain ways to enhance your ability to detect inefficiencies before itÆs too late to do anything about them, learning the best ways to measure inefficiencies and seeing how to price inefficiencies. The course materials will not only describe the most practical and proven analytical techniques, they will also teach you, through practical exercises and case studies, how to perform a measured-mile analysis. Learning Objectives ò You will be able to identify potential sources of inefficiency. ò You will be able to manage and measure productivity. ò You will be able to describe methods of measuring inefficiency. ò You will be able to breakdown pricing inefficiencies.

Faculty: J. Scott Lowe, P.E., Trauner Consulting Services, Inc.