White Paper

Use this ROI Calculator to show the financial benefit of your defect management system proposal.

Many construction companies need financial justification for capital expenditures or when implementing new technology.  Your research is over and trials are complete.  You’ve found the right defect management system for your construction business.  Now all that remains is getting the funding approved.  Management want you to prepare a business case to justify the expenditure.  But you’re a construction professional not an accountant!  Where do you start?

It’s good practice to include the Return on Investment (ROI) in your business case.  The ROI is a profitability ratio.  The ROI measures the money made or saved on the investment as a percentage of the original cost.

Our ROI Calculator is a simple to use Excel spreadsheet for non-accountants.  Accompanied by an easy to follow User Guide your ROI will be available in next to no time.  The User Guide explains:

• the information and assumptions to enter into the ROI Calculator needs, and
• where to source the information and guidelines for making assumptions.

The ROI Calculator helps you quantify

• the investment cost (e.g. license fees, hardware, training etc)
• cost savings (i.e. from productivity improvements) under three scenarios,

for entry into clearly labelled cells in the ROI Calculator spreadsheet.

Other features include simple to print summary pages showing

• inputs, assumptions and calculations, and
• ROI results

for appending to your business case.

Of greater importance, the User Guide includes a section on interpreting the results. This will help you answer those tough “Sure, but what does that mean?” questions from management.

The outcomes will surprise you and your manager. Especially on projects with costs exceeding $20M. This is due to

• the high cost of defecting using traditional methods, and
• the low cost of implementing a tablet-based defect management system.

So, no more excuses – time to crack on with your business case. The easiest place to start is with this free ROI Calculator and User Guide.

Best practice defect management reporting is vital for any construction business.  Improving quality control is a given.  But it also helps you make better management decisions on current and future projects.

Managing quality on construction projects is critical to project and business success. You’re only as good as your last job. A single bad job can undermine your reputation – sometimes beyond repair. There are many adverse consequences of poor quality construction. Some are quantifiable in monetary terms. Yet most are intangible and very challenging to recover from.

The construction industry views quality control as a critical business function. Volumes of policy, procedure, forms and templates prove this.  Quality policies and procedure effect all aspects of the construction process. From design and procurement through to handover.  Their focus is on-site inspections performed in the latter stages of a project. Such quality processes give rise to punch lists.

Generating a punch list is a time consuming but critical quality process.  But look beyond how you generate punch lists.  Focus on the next critical feature of your defect management processes.  How to best report the data collected during quality inspections to project stakeholders. You can get efficiencies and encourage better and more effective cross stakeholder collaboration.  The solution starts with best practice defect management reporting.

Have you ever wondered if your defect reporting is up to scratch?  What you should measure, who needs to know what, and how to set up your reports?