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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