https://www.designingbuildings.co.uk/w/index.php?action=history&feed=atom&title=Labour_productivity 2026-04-19T09:11:19Z Revision history for this page on the wiki MediaWiki 1.17.4 https://www.designingbuildings.co.uk/w/index.php?title=Labour_productivity&diff=217903&oldid=prev 2021-11-11T09:35:53Z

<p>Created page with &quot;[https://www.mckinsey.com/business-functions/operations/our-insights/reinventing-construction-through-a-productivity-revolution Reinventing Construction: A Route To Higher Produc...&quot;</p> <p><b>New page</b></p><div>[https://www.mckinsey.com/business-functions/operations/our-insights/reinventing-construction-through-a-productivity-revolution Reinventing Construction: A Route To Higher Productivity], published by the McKinsey Global Institute in February 2017, defines labour productivity as: ‘…the value added by construction workers (output in terms of structures created minus purchased materials) per hour of work and its growth over time, adjusted for inflation. An increase means that higher value can be provided to customers with the same or fewer resources, which translates into a desirable mix of higher-quality structures at lower cost for owners, higher profitability for contractors, and higher wages for workers.’<br /> <br /> = Related articles on Designing Buildings =<br /> <br /> * Labour.<br /> * Productivity.<br /> * Modern methods of construction.<br /> * Government construction strategy.<br /> * Identifying the causes of trends in construction labour productivity.<br /> * Modernise or die.<br /> <br /> [[Category:DCN_Definition]] [[Category:Definitions]] [[Category:Standards_/_measurements]]</div>

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