Autodesk, Dodge Collaborate to Study Construction Success Metrics
Emily Pollock posted on November 12, 2018 |
At 2018’s Autodesk University, Autodesk has revealed that they have collaborated with Dodge Data and Analytics to start developing a standardized set of outcome metrics for the construction industry.
In business, Key Performance Indicators (KPIs) are metrics that can be measured to determine project success (i.e. profit, monthly sales growth, customer satisfaction). While many industries already have reliable KPIs, the construction industry has only just started using digital workflows, and thus doesn’t have years of standardized digital data to draw on when attempting to identify which metrics drive success. The main construction KPI is the Experience Modifier Ratio (EMR), which tracks jobsite safety.
One of the figures from the Dodge/Autodesk study of how metrics are composed in the construction world, showing the makeup of their sign ins. (Image courtesy of Dodge Data and Analytics.)
This year, Autodesk commissioned Dodge to study industry best-practices on KPIs: what the industry was doing, how it was helping, and what they should be doing in the future. Dodge surveyed over 200 construction and trade professionals on seven main categories where companies should be collecting data: change orders, schedule, labor productivity, problems discovered in construction documents, Requests for Information (RFIs), safety and inspections, and…