1) Productivity of any Equipment? 2) Types of contracts? 3) Earned value Management 4) Cost reporting / Reporting dashboard 5) How to calculate duration of any task?

Question

Accepted Answer

Productivity of equipment can be measured by factors like utilization rate, downtime, and efficiency.

Productivity of equipment can be measured by factors such as utilization rate, downtime, and efficiency.
Utilization rate is calculated by dividing actual working hours by total available hours.
Downtime refers to the time when equipment is not operational, impacting productivity.
Efficiency is determined by comparing actual output to expected output.
Examples of equipment productivity metrics include OEE (Overall Equipment Effectiveness) and MTBF (Mean Time Between Failures).

1) Productivity of any Equipment? 2) Types of contracts? 3) Earned value Management 4) Cost reporting / Reporting dashboard 5) How to calculate duration of any task?

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