TIME COST ANALYST

Standards

%
Standards Based
Time Standards
Reporting Standards
Financial Standards
Delivery Standards
Time Cost Analyst

standards Driven Work

The Time Cost Analyst Institute develops and implements global standards for the financial reporting of organizational time cost wastage.


"Time Cost Analysts
apply all Standards Simultaneously
when performing Analysis
."

Ken Standfield, Chairman, Time Cost Analyst Institute

Processes
(TCA1000)


Errors, rework, defects, duplication, manual data manipulation, usability, complexity, fragmentation, idle time, and other activities are covered by this standard.

Knowledge
(TCA2000)


Documentation, analysis, email, SMSs, self-learning, approvals, social media, printing, and other activities are covered by this standard.

Collaboration
(TCA3000)


Formal meetings, informal meetings, phone calls, supervision, support, mentoring, coaching, and other activities are covered by this standard.

Staff Engagement
(TCA4000)


Trust building, empathy, appreciation, rewards, and other activities are covered by this standard.

Quality & Innovation
(TCA5000)


Improvements, best practices, innovation, invention, automation, and other activities are covered by this standard.

Emotional Stress
(TCA6000)


Fatigue, worry, confusion, burnout, exhaustion, and other activities are covered by this standard.

Procrastination Stress
(TCA7000)


Perfectionism, day-dreaming, boredom, and other activities are covered by this standard.

Distraction Stress
(TCA8000)


Noise, email alerts, instant message distractions, phone calls, gossip, are covered by this standard.

Disorganization Stress
(TCA9000)


Duplication, trying to remember, managing others who are disorganized, looking for lost displaced, forgotten, or lost items, and other activities are covered by this standard.

Refocussing Stress
(TCA10000)


Time spent refocusing after co-worker support, meeting clarifications, phone calls, and other activities are covered by this standard.

Conflict
(TCA11000)

Conflict with team members, leaders, between departments, and other activities are covered by this standard

Personal Stress
(TCA12000)


Time spent of personal activities (social media, phone calls, meetings, games, and other activities) are covered by this standard.


"organizational time wastage decreases productivity, which decreases revenue, and therefore earnings."

Ken Standfield, Chairman, Time Cost Analyst Institute

Technology Stress
(TCA13000)


Time spent on technology stress (internet/connectivity problems, technology slowness, malfunctions, breakdowns), and other activities are covered by this standard.

Search Stress
(TCA14000)


Time spent searching for information, files, documents, information, emails, assets, tools, and other search activities are covered by this standard

Health Stress
(TCA15000)


Headaches, eye strain, neck pain, back pain, other pain, biological/virus impacts (COVID19), and other activities are covered by this standard.

Culture Stress
(TCA16000)


Time wasted on dealing with inequity, perceived unfairness, job security, covering for others who are sick, absent, fired or retrenched, and other activities are covered by this standard.

Discretionary Time
(TCA17000)


Time spent arriving early, leaving late, working through lunch breaks, is balanced against arriving late, early lunch breaks, late lunch returns, and early leaving work

Expected Absence
(TCA18000)


Annual leave, time lost due to injury, other forms of leave (parental, sick, personal, carers, etc), and other activities are covered by this standard.

Unexpected Absence
(TCA19000)


Absence caused by unexpected absence (flood, fires, natural disasters, industrial sabotage, union/industrial issues, pandemics, and other activities are covered by this standard.

Multidimensional Standardization
(TCA20000)


This standard seeks to solve the issue of time spent on overlapping time through multidimensional standardization. For example, time spent in a meeting, whilst on a phone call, searching for email.

Value Addition
(TCA21000)


Some activities add higher value than others. This standard seeks to multidimensionally allocate value apportionment to specific activities identifying opportunities for waste reduction.

Sustainability & Waste
(TCA22000)


Time Cost Analysts see time has having three core components - productivity, sustainability, and pure waste. Sustainability drives engagement and service.

Non-Financial Risk
(TCA23000)


True Non-financial risk is driven by time cost wastage. This standard provides the means to determine non-financial risks enterprise-wide related to the standards taxonomy above.

Automation & Artificial Intelligence
(TCA24000)


Automation and Artificial intelligence (AI) is more easily applied to repetitive tasks than humanistic tasks, or specialized tasks. This standard is used to assess the value of automation and AI time savings.

Disengagement
(TCA25000)


This standard assesses employee disengagement across all time categories. This standard is used to assess the financial costs of employee disengagement.

work, office, team

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Every day, organizations waste costs they don't need to, enterprise-wide:


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