Loaned And Borrowed

Question 1

Who are not loaned or borrowed?

Answer 1

SHR, OPR & WHQ employees are not loaned or borrowed

Question 2

What projects do not have do not have loaned or borrowed

Answer 2

Marketing and Admin projects

Question 3

What is purpose of loaned/borrowed?

Answer 3

Enables Financial reporting on a GP/LOC basis and gives credit to GP/LOC for supple of resources

Question 4

What about their multipliers

Answer 4

L/B multipliers driven by employees assigned department

Question 5

Loaned revenue and cost perspective? What’s the impact

Answer 5

Added to project labor cost and labor revenue to give credit for employees working on projects outside of their office location

Question 6

Borrowed revenue and cost perspective? What’s the impact

Answer 6

Subtracted from Project Labor Cost and Project Labor Revenue to remove impact of borrowed employees from your financials

Question 7

L/B b/w GPs in the same location. What’s the impact?

Answer 7

No net impact to total location financials

Question 8

Does loaned/borrowed -vely impact project financials?

Answer 8

There is no impact on an individual project basis

Question 9

Which is better using employees on projects in same LOC or loaning them

Answer 9

If you can use them on billable projects with forecasted ELM greater than target then better off using them to meet LOC staffing needs. But if its overhead then better to loan.

Question 10

Is borrowing labor bad for my location financials?

Answer 10

If ELM is higher than borrowing rate then it’s good. 3.5 ELM vs 3.0 borrowing rate. There is a .50$ profit per borrowed labor so it gets added to the bottom line

Question 11

Does L/B drive location BEM

Answer 11

No, their overheads drive location BEM