What is a Standard Minute?
The unit of a Standard Minute is used to measure the amount of work content for a defined method at a defined performance level that any task requires. That defined level is Standard Performance (BS100).
Producing 60 standard minutes per hour, having taken appropriate rest is Standard Performance.
People can achieve higher than BS100 performance and others less than 100 for reasons described in our section on Performance Rating or Standard Performance.
The Standard Minute or Standard Hour is the same unit of measurement used to identify the time value of tasks in every business sector – admin, retail, finance, manufacturing, distribution, service, construction, transport, etc.
How do you calculate a Standard Minute Value (SMV)?
Total observed time (in minutes) | 1.00 | |
Remove any ineffective time | (0.10) | |
So, relevant observed time (as elements) | 0.90 | |
X Performance Rating | x 90 | 0.81 |
Apply correct frequencies | 2/3 | 0.54 |
Apply Contingency Allowance as relevant | + 2% | 0.55 |
Apply relevant Rest and Recovery Allowance | + 10% | 0.60 |
Standard Minute Value (SMV) | 0.60 |
How to learn more about Standard Minutes
Scott-Grant is widely acknowledged as “outstanding” in delivering training for people wanting to study Standard Minutes
Training courses that cover Standard Minutes
Here is a list of training courses where Standard Minutes is included in the content.
Or we can supply productivity specialists on a project or contract basis to help you in your business. Ask us for details.
What to do next
If you need to improve capacity or reduce costs, or you need accurate data to determine how best to cope with change, we can provide the right way forward – cost-effectively. Remember that improving productivity is about making the better use of all your resources and vitally, making much better use of the critical ones.
Whichever business sector you operate in, the chances are we’ve helped people to address their productivity issues and improve the way they operate.
Scott-Grant can really help you improve your productivity and become more streamlined.