Learning Curve Definition

Learning Curve Definition

What is the Learning Curve

A learning curve is a concept that shows graphically the relationship between the cost & output over a defined period of time, normally to represent the repetitive task of labor or worker. The learning curve was described in 1885 by psychologist Hermann Ebbinghaus &  is used as a way to measure productivity efficiency & to forecast costs.

Learning Curve Theory

One of the most important issues in repetitive operations is the learning effect. It is obvious that a repetitive operation offers better opportunities to achieve high productivity. It is recognized that the productivity of labor improves when repetition is involved in an operation.

Related Materials
Cash Flow Analysis
Time Impact Analysis (TIA)
Types Of Construction Contracts

Download PDF

error: Content is protected !!