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https://cmu.edu/cee/projects/PMbook/05_Cost_Estimation.html
The owner is interested in achieving the lowest possible overall project cost that is consistent with its investment objectives. ... the skilled labor requirement for construction in millions of hours and the material requirement in billions of dollars are shown in Table 5-1. ... When the detailed design has progressed to a point when the ...
https://cmu.edu/cee/projects/PMbook/04_Labor,_Material,_And_Equipment_Utilization.html
The labor hours spent on rework to correct unsatisfactory original work represent extra time taken away from potential labor hours. The labor hours related to such activities must be deducted from the potential labor hours in order to obtain the actual productive labor yield. Example 4-1: …
https://www.bbb.org/us/wa/kennewick/profile/general-contractor/investment-construction-llc-1296-1000036962
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