Utility Market Trend Tracking Template

Utility Market Trend Tracking in Priority Matrix

Track utility prices, labor costs, and market trends to enhance cost estimate accuracy.

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2. Start adding your items to the matrix
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Proposed Tasks

Data Gathering

• Collect data on labor costs
  ☐ Gather historical data on labor costs ☐ Identify reliable data sources for future tracking
• Collect data on other market trends
  ☐ Identify relevant market trends ☐ Gather historical data on these trends ☐ Identify reliable data sources for future tracking
• Collect data on utility prices
  ☐ Gather historical data on utility prices ☐ Identify reliable data sources for future tracking

Data Analysis

• Analyze labor cost data
  ☐ Analyze trends in labor costs ☐ Identify potential impacts on cost estimates
• Analyze other market trend data
  ☐ Analyze trends in other market factors ☐ Identify potential impacts on cost estimates
• Analyze utility price data
  ☐ Analyze trends in utility prices ☐ Identify potential impacts on cost estimates

Report Generation

• Finalize and distribute report
  ☐ Compile all report sections into final report ☐ Review and edit report ☐ Distribute report to relevant parties
• Generate report on labor cost trends
  ☐ Compile findings on labor cost trends ☐ Create visualizations of trends ☐ Write report section on labor costs
• Generate report on other market trends
  ☐ Compile findings on other market trends ☐ Create visualizations of trends ☐ Write report section on other market trends
• Generate report on utility price trends
  ☐ Compile findings on utility price trends ☐ Create visualizations of trends ☐ Write report section on utility prices

Continuous Monitoring

• Periodic review of tracking methods
  ☐ Review effectiveness of tracking methods ☐ Make adjustments as necessary
• Review and update cost estimates
  ☐ Review current cost estimates in light of new data ☐ Update estimates as necessary ☐ Communicate changes to relevant parties
• Set up continuous monitoring of labor costs
  ☐ Identify tools or methods for continuous tracking of labor costs ☐ Implement continuous tracking
• Set up continuous monitoring of other market trends
  ☐ Identify tools or methods for continuous tracking of other market trends ☐ Implement continuous tracking
• Set up continuous monitoring of utility prices
  ☐ Identify tools or methods for continuous tracking of utility prices ☐ Implement continuous tracking