At Charter Estimating, we use formulas that will take the stress out of estimating and allocation of manpower. Learn how to correctly man load your projects to increase profits and lower your overhead! Below is an example of the figures we calculate.
Average Man-Loading Number of estimated man-hours = 2,910
Number of hours in a work day = 8
Number of work days in one month = 20
Number of months in contract = 6
2,910 (total hours) ÷ 8 (hours per day) = 364 work days. It will take one man 364 days to complete the contract.
The contract says the job should be completed in 6 months.
6 (months) x 20 (work days per month) = 120 contract days
364 (days for 1 man) ÷ 120 (contract days) = 3 men