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Construction glossary
Construction Glossary •

Workforce Management

What is Workforce Management?

Workforce Management, in the context of the construction industry, refers to the systematic process of optimizing the efficiency and productivity of a construction firm’s workforce. It entails a wide variety of tasks including scheduling, job assignment, labor demand forecasting, tracking employee attendance, and balancing workloads among employees. Crucially, it also involves ensuring that the right set of skills are properly allocated to the right projects, adhering to project timelines. Workforce Management acts as a vital tool for minimizing unnecessary costs, boosting employee morale and hence, propelling a sustainable business growth. Its effectiveness is often measured through key performance indicators related to cost, time, quality, and safety on a construction site. It is pivotal in coordinating staffing needs, reducing overhead, and driving strategic decision-making in the rapidly evolving and complex construction industry environment.

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Other construction terms

Notice of Intent to Lien (NOI)

What is a Notice of Intent to Lien (NOI)?

A notice of intent to lien (NOI)—sometimes called an intent notice or notice of non-payment—is a legal document that serves as a final warning from a subcontractor or supplier to the property owner, d...
G703

What is a G703?

A G703 is a continuation sheet used in the construction industry. It's part of the AIA (American Institute of Architects) document set for contract documents. The G703 form includes a schedule of valu...
Conditional Lien Waiver

What is a Conditional Lien Waiver?

A Conditional Lien Waiver is a legal document used in the construction industry that states a contractor, subcontractor, or supplier will give up or waive their right to place a lien on a property, un...

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