Good for the "fat as_" that do no work at all, USELESS for Operations Management.

Mere Budgeting is not enough.

http://www.foundationsoft.com/resources/articles/77-unit-cost-and-produc...!

Production reports go beyond basic job cost reporting to help owners and/or project managers understand the output of a measurable task, such as how many quantities have been completed per man hour (e.g., 10 SF/hour) or how much it is costing per unit of measure (e.g., $2/SF).Why is this information important? Actually, the benefits of production reporting are threefold: 1) it allows contractors to see how they are progressing from a production standpoint as a job unfolds, 2) it allows contractors to project their costs on a daily or weekly basis, and 3) it provides precise historical data for more accurate estimating on future jobs with similar conditions.

Until we stop repeating doing the same thing over and over do not expect any changes.

How can you expect productivity to improve if you do not even track it using metrics that go directly into it? Use metrics that are transparent and that everyone can understand without any instructions required. Something even a CEO and stockholders can understand.