|
Required Time to punchlist 1 unit (1 or 2 bedroom) on the field Manually
|
1 hour
|
|
Required Time to punchlist 1 unit (1 or 2 bedroom) on the field using
Punchlister
|
1 hour
|
|
|
|
|
Average 1 unit (1 or 2 bedroom) back office work (with 10 subs) for "Paper
Data"
|
1 hour
|
|
Average 1 unit back office work with Punchlister
|
30 seconds
|
|
|
|
|
Job Size (# of Units)
|
100
|
|
|
|
|
Time Required to Punchlist Manually
|
12.5 days
|
|
Time Required to Punchlist using Punchlister
|
12.5 days
|
|
|
|
|
Back Office Manual Processing Time
|
12.5 days
|
|
Back Office Report Generation by Sub and/or Units using Punchlister
|
0.8 hours
|
|
|
|
|
Total Lost Time
|
12.4 days
|
|
|
|
|
PM Salary ($2000 per week)
|
$3,542
|
|
Assistant PM Salary ($1000 per week)
|
$1,771
|
|
Super Salary ($1500 per week)
|
$2,656
|
|
Laborer Salary (Every 100 units 2 laborers, $800 per week)
|
$2,833
|
|
One Security Booth with one person ($1350 per week)
|
$2,391
|
|
|
|
|
Direct Loss Subtotal
|
$13,193
|
|
|
|
|
Lost Opportunity Cost (Assume $2000 per month rent per unit)
|
$82,639
|
|
|
|
|
TOTAL LOSS IN THE 100 UNIT PROJECT
|
$95,832
|
|
|
|