The CLMA enables dynamic project labor risk planning by providing timely, actionable labor market insights through project-based predictive labor risk intelligence.
The LRM program enables project planners to effectively evaluate labor risk, pre-qualify contractors and set performance goals to improve project outcomes and ROI.
The LRI provides a comprehensive risk score and profile, delivering essential predictive planning risk metrics and data to identify labor risk during project planning.
Preconstruction planning is one of the most challenging aspects of the project lifecycle. Planners usually rely on yesterday's data, but need to know future market dynamics now. Consequently, projects are suffering unsustainable planning and execution challenges with cost and schedule being two of the more visible impacts. Will you have the right workers, in the right place, at the right time to build your project? This risk must be understood and addressed to ensure successful project outcomes.
The Construction Labor Market Analyzer (CLMA) addresses this uncertainty through a confidential, anti-trust regulated platform containing trillions of dollars of industrial and nonindustrial construction project activity. The CLMA helps industry stakeholders reliably understand supply vs. demand risk for craft, engineering and project controls disciplines up to 5 years out. This labor market information facilitates highly effective project planning and risk mitigation.
Do you have an effective strategic workforce development and training plan in place? Without it your company is risking serious skilled labor challenges, as well as your capacity to win work and deliver quality projects on time and safety.
A crucial first step in active workforce development is an objective, honest examination of your current workforce, hiring and training programs. The Contractor Workforce Development Assessment (CWDA) will validate and benchmark your strategy and tactics for short and long-term craft resource management, and it will lead you to improve and/or develop a comprehensive strategy.
CWDA benchmarking helps overcome complacency, identify performance gaps relative to industry standards, and drives improvement.
The Labor Risk Management Program (LRM) produces the Labor Risk Index (LRI) which enables owners and prime contractors to quickly determine the labor risk profile for each project, in early planning phases, and drill deeper into the data for a more comprehensive risk analysis. This facilitates pre-qualification and selection of the most competent, qualified contractors.
The LRI, and the comprehensive data behind it, also enables subcontractors to quickly know their potential risk on a project and use that information to effectively plan projects, lessen risk and win work.
Productive craft professionals aren’t born, they are developed over time through training and investment. Implementation of the LRM program will successfully drive this, and the return on investment is well worth it.
The cost of labor is a key risk driver on most construction projects, so it's important to understand the current cost of labor to ensure labor retention and stay within budget. However, for future project planning and for project spanning multiple years, it may be even more critical to reliably understand how labor costs will escalate over time based on market conditions and the project queue.
Our predictive labor cost analytics increase your capacity to successfully budget your project labor and be competitive for skilled labor recruitment and retention strategies. We'll help you understand how future wage and per diem cost for key skilled craft positions are expected to change over a 3-5 year horizon.
Over the past several decades, construction industry safety performance has improved tremendously as owners have made their expectations clear. Safety is both a value and a business imperative and the standard for excellence must be met to be part of a project.
Every organization desires the same outcome – zero safety incidents. To achieve this, robust metrics and benchmarking are essential. What is our track record internally? How do we compare to our peers? How do we compare to the construction industry overall? Performance must be measured to be improved. That's what we deliver.
There is a clear correlation between the decline of productivity and the shortage of essential skilled craft labor, verifying that an imbalanced labor market is a clear leading indicator of poor productivity. Craft labor shortages are a serious issue with a huge impact on project labor risk, including project productivity. The construction industry’s productivity challenges are significant when compared to other industries. We are addressing that challenge.
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