Supervision

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Keep track of any time you are:
Thinking about it​
Talking about it​
Writing about it​
Even doing the billing​
Include transportation time and mileage​
Copy machine use​
If you are getting a haircut and you are doing any planning while sitting in the chair, that is billable time.​
If you are having a beer with the foreman and discussing the job, that is billable time. Although I likely would not bill the alcohol.​
However, having lunch with the owner's rep is billable time and if you pay for lunch, that is a billable expense, including the alcohol.​

Keep track right down to .1 hours resolution
Even doing all that, you will likely be short.
 
Whoops - maybe you meant estimate hours for a job bid.
In that case - I don't know. I'm a field dog.
 
Probably not the best way, but I calculate it this way .....

Say it’s a 12 week job. Based on the complexity, me or someone else may need to stop in at least once a week to put eyes on it. So I’d figure 12 days of PM labor on that job, plus travel.

I cover office staff labor in total overhead expenses.


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As others have mentioned, if this is about estimating be sure to consider the complexity AND the length of time the project will go on. PM/supervision hours usually needs to be higher for a project with a long schedule when compared against a similar/identical project with a shorter schedule.
 
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