Construction Progress For LSTK contractor

D
Daniel Limson 👤 Member for 24 years 7 months

The principle for evaluating progress for a LSTK package is pretty much the same as any other project.



You can use the $ value as weighted value for each element of work but it will not reflect the actual physical progress. For example, some equipment cost a lot in terms of value but are not classsified as labour intensive works.

I think the best unit of measure for evaluating progress is manhours.



Cheers,

Daniel

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