Excell Based incentive plan for multiprojects?
Forum Sponsor
Top Posters
Julian Pegg
1 posts
Peter Nagy
2 posts
Raymund de Laza
17 posts
Syed_Asad
0 posts
Tony Greyvenstein
0 posts
Ahmed Al-Jubouri
13 posts
Umar Alvi
3 posts
Sibusiso Mahlalela
0 posts
Michael Samanyayi
3 posts
Simon Gumede
0 posts
Dear Amir,
The incentive should depend on the approved Program of Works for each Projects. They will have to acheive the milestones and complete the project on time in order for you to give them the incentive.
This will be based on production rates. You will need to review and formulate a plan for each project. Subsequently, you can montior it.
Determine what you want to complete and the duration, then use the billable unit rates as the standard form to release incentive to your team.
With kind regards,
Samer