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    Labor Cost & Formwork Investment Summary

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    austrianna
    This document compares the labor costs and workforce requirements of using block construction versus formwork construction methods for building multiple housing units over 4 years. It finds that using formwork results in total labor cost savings of $340,040 and requires 116 total workers compared to 288 workers for block construction. The formwork investment of $1,099,000 yields a final project profit of $340,040 when factoring in labor savings.

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    Labor Cost & Formwork Investment Summary

    Uploaded by

    austrianna
    29 views4 pages
    This document compares the labor costs and workforce requirements of using block construction versus formwork construction methods for building multiple housing units over 4 years. It finds that using formwork results in total labor cost savings of $340,040 and requires 116 total workers compared to 288 workers for block construction. The formwork investment of $1,099,000 yields a final project profit of $340,040 when factoring in labor savings.

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    This document compares the labor costs and workforce requirements of using block construction versus formwork construction methods for building multiple housing units over 4 years. It finds that using formwork results in total labor cost savings of $340,040 and requires 116 total workers compared to 288 workers for block construction. The formwork investment of $1,099,000 yields a final project profit of $340,040 when factoring in labor savings.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    29 views4 pages

    Labor Cost & Formwork Investment Summary

    Uploaded by

    austrianna
    This document compares the labor costs and workforce requirements of using block construction versus formwork construction methods for building multiple housing units over 4 years. It finds that using formwork results in total labor cost savings of $340,040 and requires 116 total workers compared to 288 workers for block construction. The formwork investment of $1,099,000 yields a final project profit of $340,040 when factoring in labor savings.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    of 4

    Labor Cost & Formwork Investment Summary

    2 bedroom semi-detached bungalow (7.3m x 16.35m) Block Method labor cost per year Formwork Method labor cost per year ... Labor savings per year 4 Year Labor Savings Formwork Investment (1 complete set) Final Labor Savings $84,480 - $20,800 $63,680 x 4 years $254,720 - $196,000 $58,720

    2 bedroom semi-detached bungalow (8.4m x 20.88m) Block Method labor cost per year Formwork Method labor cost per year ... Labor savings per year 4 Year Labor Savings Formwork Investment (1 complete set) Final Labor Savings $83,520 - $21,840 $61,680 x 4 years $246,720 - $255,000 -$8,280

    3 bedroom bungalow (7.85m x 11.55m) Block Method labor cost per year........... Formwork Method labor cost per year 70 units built per year (35 units @ $19,600 labor per year x 2). 12 units per year will require to be built using Block method to achieve 4 year schedule (12 units x $2,560 per unit) . Labor savings per year 4 Year Labor Savings Formwork Investment (2 complete sets) Final Labor Savings $208,000

    - $39,200 - $30,720 $138,080 x 4 years $552,320 - $268,000 $284,320

    3 bedroom bungalow (11.3m x 12.7m) Block Method labor cost per year........... Formwork Method labor cost per year 52 units built per year ($18,720 labor per year x 2). 29 units per year will require to be built using Block method to achieve 4 year schedule (29 units x $2,560 per unit) .. Labor savings per year 4 Year Labor Savings Formwork Investment (2 complete sets) Final Labor Savings $208,000

    - $37,440 - $74,240 $96,320 x 4 years $385,280 - $380,000 $5,280

    Total Labor Cost Analysis Summary 2 bedroom semi-detached (7.3m x 16.35m) 4 year labor savings. 2 bedroom semi-detached (8.4m x 20.88m) 4 year labor savings. 3 bedroom (7.85m x 11.55m) 4 year labor savings.. 3 bedroom (11.3m x 12.7m) 4 year labor savings Total Project Labor Savings Total Formwork Investment (6 complete sets) Final Project Profit using Formwork Method $254,720 $246,720 $552,320 +$385,280 $1,439,040 $1,099,000

    $340,040

    Estimated Total Project Value.$22,449,840

    Workforce Requirement Analysis

    Total Workers Required Using Block Method to Achieve 4 Year Schedule

    2 bedroom semi-detached (7.3m x 16.35m) 4 year labor savings.. 2 bedroom semi-detached (8.4m x 20.88m) 4 year labor savings.. 3 bedroom (7.85m x 11.55m) 4 year labor savings... 3 bedroom (11.3m x 12.7m) 4 year labor savings. Total Crews

    5 crews 5 crews 13 crews + 13 crews 36 crews x 8 man crew ...288

    Total Workers Required

    Total Workers Required Using Formwork Method to Achieve 4 Year Schedule

    2 bedroom semi-detached (7.3m x 16.35m) 4 year labor savings.. 2 bedroom semi-detached (8.4m x 20.88m) 4 year labor savings.. 3 bedroom (7.85m x 11.55m) 4 year labor savings... 3 bedroom (11.3m x 12.7m) 4 year labor savings. Total Crews

    1 crew 1 crew 2 crews + 2 crews 6 crews x 10 man crew 60 workers 7 crews x 8 man crew 56 workers ....116

    Additional Crews Using Block Method for 3 bedroom bungalows...

    Total Workers Required (60+56)

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