You can establish standards for every production activity in your shop. The more granular you get, the better you will be able to measure each process. On the other hand, more detail means more information to collect, more training, greater probability of errors, more complexity, etc. You have to find the balance between how much information you collect and the benefits it brings.
Here are some post press examples:
MBO Folder 26-Gatefold
MBO Folder 26-Letterfold
MBO Folder 26-4 Page
MBO Folder 26-6 Page
MBO Folder 26-8 Page Parallels
MBO Folder 26-8 Page Right Angle
MBO Folder 26-12 Page
MBO Folder 26-16 Page
Handwork-Padding
Handwork-Padding NCR
Handwork-Paper Banding
Handwork-Hand Fold
Handwork-Hand Sort
Handwork-Hand Pack Standard Cartons
Once you find the happy medium, use your MIS shop floor data collection software to track actual time and then compare it to your standards by activity and person. Here’s an excellent article that explains this in detail:
Printing Industry Performance Indicators: Measuring plant efficiency