Build Wise

In construction, doing an early stage feasibility assessment is—of course—an absolutely critical first step. That’s why it’s so surprising that it’s often still such a manual, time-consuming process. Compared to how things are done in other industries, it seems of a different era. 

During an early stage feasibility assessment, a builder will typically engage an architectural office to develop a few different building plan options. After that, the builder will choose one or two to develop in more detail. 

In construction, value is created by funding and completing the right projects safely and efficiently. Delivering projects faster and at lower cost produces higher returns. 

Unfortunately, the construction industry lags behind other industries in ways that hurt those returns. The global economy, for instance, has improved productivity at over twice the rate of the construction industry. Manufacturing boasts a productivity improvement rate over three times as high. 

Working in capital projects for the past decade, Enstoa has developed a suite of metrics to help capital-intensive companies to better understand how well their capital program is delivering value, to provide insight into performance trends, and to identify areas of improvement.