Improve Construction Bids with Labor Forecasting

Forecasting can make company growth more predictable

Forecasting. Everyone wants it, but few know how to do it or even define it. At RIVET, we think of Forecasting like this: A hybrid of Labor Planning at the project level and aggregating at the macro level, judged against your entire workforce. In other words: Comparing your future project list against your current workforce and its labor commitments.

Once you’re Forecasting every job — not just the large or mega projects — anticipating labor peaks and valleys becomes far easier. It means you can leave outdated, fragmented and incomplete job information behind and start predicting company growth.

Align Operations with Field Workers

Aligning the Operations team with your field workers is crucial to your contracting business’ success.  You’ll know when labor needs to ramp up, ramp down and the right time to transfer workers to their next jobs. Forecasting also reveals when to start hiring and helps ensure you hire the right types of field workers. Most important? It keeps project budgets aligned with your labor budget.

With Forecasting and a purpose-built Workforce Management platform, what used to be unpredictable suddenly becomes clear.

Construction Project Manager Tools

If your most experienced team members lives in a spreadsheet instead of actually, y’know, leading? You’ve got a problem. RIVET can help with that. Using a Workforce Management platform gives project managers, Operations leadership and HR a place to quickly see a comprehensive view of what impacts them.

  • Project Managers: Labor budgets and project schedule
  • Operations: Company-wide Labor Forecast and places to chase work
  • HR: Gaps in current workforce versus forecasted needs

Subscribe to get Workforce Management articles delivered to your inbox.
This field is for validation purposes and should be left unchanged.
keyboard_arrow_up