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  2. Overall labor effectiveness - Wikipedia

    en.wikipedia.org/wiki/Overall_Labor_Effectiveness

    Accurately measuring this metric with OLE can pinpoint performance improvement opportunities down to the individual level. Calculation: Performance = Actual output of the operators / the expected output (or labor standard) Example: Two employees (workforce) are scheduled to work an 8-hour (480 minute) shift with a 30-minute scheduled break.

  3. Benchmarking - Wikipedia

    en.wikipedia.org/wiki/Benchmarking

    Dimensions typically measured are quality, time and cost. Benchmarking is used to measure performance using a specific indicator (cost per unit of measure, productivity per unit of measure, cycle time of x per unit of measure or defects per unit of measure) resulting in a metric of performance that is then compared to others. [1]

  4. Construction Industry Institute - Wikipedia

    en.wikipedia.org/wiki/Construction_Industry...

    CII has also researched other practices and information topics, which have been organized into a Knowledge Base. CII's professional development programs help organizations to plan the development of new construction project managers by applying CII Best Practices and other competencies to the managers' professional development.

  5. Construction management - Wikipedia

    en.wikipedia.org/wiki/Construction_management

    The construction industry typically includes three parties: an owner, a licensed designer (architect or engineer) and a builder (usually known as a general contractor). There are traditionally two contracts between these parties as they work together to plan, design and construct the project. [12]

  6. Performance indicator - Wikipedia

    en.wikipedia.org/wiki/Performance_indicator

    Overall equipment effectiveness (OEE) is a set of broadly accepted nonfinancial metrics that reflect manufacturing success. OEE = availability x performance x quality; Availability = run time / total time; by definition this is the percentage of the actual amount of production time the machine is running to the production time the machine is ...

  7. Process modeling - Wikipedia

    en.wikipedia.org/wiki/Process_modeling

    They provide major quality metrics but are not easily applicable by non-experts. The use of bottom-up metrics related to quality aspects of process models is trying to bridge the gap of use of the other two frameworks by non-experts in modeling but it is mostly theoretical and no empirical tests have been carried out to support their use.

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