Construction KPI Dashboard

Labor Costs

Monitoring the costs of labor versus your baseline is a great way to judge the financial health of a project. Compare budgeted estimates to real labor costs by day, week, month, and quarter.

Labor KPIs:

  • Labor cost (actual vs baseline)
  • Percentage of labor downtime
  • Percentage of equipment downtime
  • Percentage of unapproved change orders
  • Percentage of backlogs over project timeline
  • Actual working days versus available working days

Quality

Projects with quality control problems tend to miss inspections and result in rework. Here’s a list of KPIs to track how the quality of your project is progressing.

KPIs:

  • Defects
  • Open Observations (by status, trade, and type)
  • Average days to close observation
  • Open Inspections (by status, trade, and type)
  • Days since last inspection
  • Percent of inspections passing by contractor
  • Average days late by contractor

Business Performance

Business performance KPIs provide a high-level view how the project is impacting the bottom line. Many of the KPIs are geared towards predicting whether the entirety of the project is on or off-track.

KPIs:

  • Day to day project completion ratio (dollars complete vs percent complete)
  • Cash Flow
  • Contract Amount
  • Revised Budget
  • Estimated Cost at Completion
  • Estimated Margin at Completion
  • Original Budgeted Margin
  • Revised Budgeted Margin
  • Profit margin
  • Profit predictability
  • Underbilling
  • Overbilling
  • Number of defects
  • Time to rectify defects
  • Client satisfaction
  • Projected Total Margin Variance
  • Projected Total Cost Variance
  • Employee Retention

Health & Safety

Accidents can derail the project’s timeline, ruin your reputation, create legal and regulatory liabilities with OSHA, and worst of all, result in loss of life. Project managers should have a firm grasp of the safety briefings being conducted in the field, and the number of incidents that have taken place.

  • Reportable accidents (with and without fatalities)
  • Lost-time accidents
  • Fatalities
  • Number of accidents (total vs grouped by supplier)
  • Days without accident
  • Number and schedule of safety meetings
  • Record of Job Hazard Analysis