Definition of Person-year

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TeachMeFinance.com - explain Person-year



Person-year

The term 'Person-year' as it applies to the area of energy can be defined as ' 80 hours worked is 0.04 (rounded) of a person-year; 8 weeks worked is 0.15 (rounded) of a person-year; 12 months worked is 1 person-year. Contracted manpower includes survey crews, drilling crews,consultants, and other persons who worked under contract to support a firm's ongoing operations'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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