How much time does it take to use Productivity Wave compared to the process I use today?

Project Team Labor Savings

  • Based on LSS data collected during prototype implementation from April – June 2015
    • The Prototype solution was effectively used from 2015 to 2017
  • Scenarios and Hours Savings
    • Small Team (extrapolated from LSS data)
      • 1 Project Manager: Saves 2 hours/month
      • 1 part time PM support: Saves 2 hours/month
      • 5 Team members performing Customer assignments
        • Each member saves 3 hours/month
    • Medium Team (based on LSS data)
      • 1 Project Manager: Saves 8 hours/month
      • 1 part time PM support: Saves 5 hours/month
      • 20 Team members performing Customer assignments
        • Each member saves 3 hours/month
    • Large Team (extrapolated from LSS data)
      • 1 Project Manager:
      • 3 Team Leads:
      • 1 part time PM support:
      Save a combined 40 hours/month
      • 100 Team members performing Customer assignments
        • Each member saves 3 hours/month
  • Cost Savings Calculation: Assumes average loaded rate of $50.00/hr.
  • The savings achieved in the MSR process does not account for the additional benefits of multiple customer and corporate report types and purposes

Projected Labor Savings*

Small Team (7)

First Year Savings

Hours Saved: 576 – 418 = 158

Cost Savings: 158 * $50.00 = $7,900.00

Assume Average loaded bill rate of $50.00/hr.

Five Year Savings

Hours Saved: 2,880 – 1,810 = 1,070

Cost Savings: 1,070 * $50.00 = $53,500.00

Assume Average loaded bill rate of $50.00/hr.

Medium Team (22)

First Year Savings

Hours Saved: 2,160 – 1,354 = 806

Cost Savings: 806 * $50.00 = $40,300.00

Assume Average loaded bill rate of $50.00/hr.

Five Year Savings

Hours Saved: 10,800 – 6,490 = 4,310

Cost Savings: 4,310 * $50.00 = $215,500.00

Assume Average loaded bill rate of $50.00/hr.

Large Team (105)

First Year Savings

Hours Saved: 10,200 – 6,190 = 4,010

Cost Savings: 4,310 * $50.00 = $200,500.00

Assume Average loaded bill rate of $50.00/hr.

Five Year Savings

Hours Saved: 51,00 – 30,670 = 20,330

Cost Savings: 4,310 * $50.00 = $1,016,500.00

Assume Average loaded bill rate of $50.00/hr.

*Projected Labor Savings are based on and extrapolated from the prototype Lean Six Sigma hour calculations and cost savings were calculated for this example using a fully burdened billable rate of $50.00 per hour for all Labor Categories.