August 1, 2003—Constructware has announced the availability of a new business process analysis tool that uses detailed client input to forecast the financial return from its Internet-based project management / collaboration application. The modeling tool, called the Return on Investment Analyzer (ROI Analyzer ), addresses one of the central debates in the industry about Internet-based applications—how to document the benefits claimed by proponents.
“The ROI Analyzer provides a framework for categorizing benefits and for translating those benefits into financial terms that executives can appreciate. It also helps benchmark expected results and can help provide targets for process improvements over time. This is not so much about technology as it is about developing a consistent approach for measuring the financial impact of business process improvements,” says Scott Unger, Constructware CEO.
The ROI Analyzer uses separate business models for Owner and Building Professional organizations, and is able to measure return on individual projects, multi-project programs or enterprise-wide use by a company or organization.
The Analyzer measures key aspects of design and construction operations impacted by Constructware. The major emphasis is on tracking the amount of time and effort it takes to communicate project information and to perform tasks related to document management and distribution of information.
Aspects of I.T. spending, dispute resolution and legal-related costs are included also, if applicable. The underlying data and assumptions are based on client responses to a detailed series of questions about the project or program being modeled. This information is grouped into three broad categories for analysis: cost reductions, cost avoidances and revenue increases.
For more information, contact Constructware.
