Phase 3: Evaluate and score project impacts
Now that performance metrics have been calculated, the EcoPlan’s Real Cost Evaluator and the EcoScore are used to evaluate how supplier and contractor selections would impact project goals. The Real Cost Evaluator enables our clients to examine the impacts of various design and sourcing options in real time. Once the ideal mix of costs and benefits is achieved, the Real Cost Evaluator outputs this information into your EcoPlan Performance Dashboard.
Technology Spotlight: Evaluating Goal Performance and Opportunities
It is not uncommon for major projects to attract a hundred or more bids from prospective material suppliers and contractors. Since our data collection phase captured information about each bidder’s price, their materials and supply chains, this information can now be used to evaluate how each bidder would impact project goal performance. Each bidder’s information is loaded into the EcoPlan database and converted into performance metrics. Clients use these performance metrics and the EcoScore feature to locate an ideal balance between price and goal performance.
The EcoPlan software sorts each contractor, supplier and material option according to their performance on project goals. When a client wants to evaluate the effect of increasing performance on local construction spending, they simply grab the knob for Economic Stimulus and slide it to the right. When the knob is released, the software finds the combination of suppliers and contractors that would increase local construction spending. The Real Cost Evaluator then re-calculates the effect of this change on the other four goal criteria.