How to Calculate Man Hours: 11 Steps
Calculating man hours is an essential aspect of project management, helping businesses determine the time and resources needed to complete a specific task or project. In this article, we will discuss the 11 steps to accurately calculate man hours.
1. Identifying Tasks: Break down a project into smaller tasks, which will help in determining the number of man hours required for each of these tasks.
2. Estimating Time Frame: Determine the length of time required to complete each task by consulting with team members who will work on these tasks.
3. Number of Employees: Establish the number of employees available to work on the project during the set time frame.
4. Employee Work Hours: Calculate the total working hours for each employee by considering factors such as daily working hours and days off.
5. Individual Task Duration: Allocate a duration per individual task for each employee, taking into account their efficiency level and job experience.
6. Identify Overlapping Tasks: Uncover tasks that can be completed simultaneously to maximize efficiency and reduce man hours.
7. Buffer Time Allocation: Add extra “buffer time” for unforeseen circumstances such as sick leaves, emergencies, or technical issues.
8. Total Man Hours Calculation: Multiply the total working hours per employee by the number of employees to obtain total man hours (TMH).
9. Divide by Overlap Efficiency Factor (OEF): If there are overlapping tasks, divide TMH by OEF to accommodate simultaneous task completion.
10. Add Buffer Time: Add allocated buffer time to obtain adjusted TMH.
11. Regular Monitoring & Revision: Monitor project progress regularly and revise calculations if new information arises or deadlines change.
By following these 11 steps, you’ll ensure that you accurately calculate the man hours necessary to complete a project efficiently while considering potential challenges and hurdles along the way. It is crucial for effective planning and resource management, leading to successful projects and satisfied clients.