Forecasting the Demand and Supply of Technicians in Construction

Workforce forecasting is a strategic managerial practice that construction organizations should implement to ensure a balanced workplace. The workforce forecasting systems that have been developed are either qualitative or quantitative in nature. This paper develops a sustainable workforce model tha...

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Bibliographic Details
Main Authors: Sing, Michael, Love, Peter, Tam, C.
Format: Journal Article
Published: American Society of Civil Engineers 2014
Online Access:http://hdl.handle.net/20.500.11937/13020
Description
Summary:Workforce forecasting is a strategic managerial practice that construction organizations should implement to ensure a balanced workplace. The workforce forecasting systems that have been developed are either qualitative or quantitative in nature. This paper develops a sustainable workforce model that utilizes both quantitative and qualitative data to improve the accuracy of workforce demand and supply forecasts. Using empirically derived data for off-site construction technicians in Hong Kong, the developed workforce forecasting system is used as a strategic managerial tool to predict and monitor workforce conditions.