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AACE International CCP Exam - Topic 6 Question 13 Discussion
Topic #: 6
The measure of number of units completed divided by work-hours consumed is referred to as:
Productivity is defined as the measure of the number of units completed divided by the work-hours consumed. It is a key performance indicator in construction and other project-based industries, reflecting how efficiently resources are being used to produce outputs.
Key Points:
Productivity Calculation:
Productivity = Number of units completed / Work-hours consumed.
Higher productivity means more output is being generated per unit of time, indicating efficient use of resources.
Other Terms:
Lined Value: Not a standard term related to productivity.
Credit Work-Hours: A concept related to earned work-hours, not a direct measure of productivity.
Cost Performance Index (CPI): A measure in earned value management indicating the cost efficiency of budgeted resources, calculated as EV/AC.
Conclusion: The correct answer is C. Productivity because it directly refers to the efficiency of labor in terms of output per work-hour.
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