SOLVING CYCLE TIME – The #1 Key to ROI
Cycle Time has increased dramatically since the onset of COVID and for good reason. Trade and material shortages made holding the line on your schedule somewhere between extremely difficult and impossible. Things are getting better in the last year but the reality, however, is that cycle time had nearly doubled before COVID compared to the pre-crash years of the early to mid- 2000’s. Those additional schedule days not only increase variance but make managing and delivering a quality product far more difficult.
In this session we will go deep into understanding cycle time, how to measure it accurately, and how to fully cost a lost day, something the vast majority of builders do inadequately. You will receive a proven tool to measure the impact of saved (or lost) schedule days. This Excel template, the “Saved Day Calculator”, will reveal an opportunity for you to improve profit far beyond what you believed possible. Finally, we will explore the specific steps you can take to reduce cycle time, improve your schedule and decrease variance. It starts with buying the land or lots right up front, getting the design right, and continuing through the process until the day of closing.