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Industry · EPCFunction · Finance
UC-518

Improve Craft Rate and Earned Value to protect revenue and get paid faster

Fills the Field page in BURNS LENS: every crew, its real unit rate, and what it earned.

TBDBuild Duration
XXXXIndicative ROI
XXXXBuild Cost
XXXXValue

The Challenge

The opportunity is to eliminate a unit rate carried from the last job, earned value taken from an estimate, and a crew mix nobody costed. The proposed workflow is source-linked, but the current operating baseline and financial value remain illustrative until validated with the client.

How It Works

  • One engine builds craft install unit rates and composite crew rates from the field record itself: hours charged, quantities installed, crew composition and conditions, on every job.
  • It compares them with the estimate while the work is still running.
  • It forecasts the finish from rates actually achieved, and feeds the real rates back into the estimating engine.

What It Removes

  • A unit rate carried from the last job
  • Earned value taken from an estimate
  • A crew mix nobody costed
Input Data RequirementsField tickets, contracts, rate cards, invoices, approval records and accounts-receivable status
Output FormatDashboard showing every crew, its real unit rate, and what it earned.
“The unit rate comes from the field this week, not from last year's job.”
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