How Commodore Builders Leverages Data and Analytics for Better Project, Safety, Schedule, and Estimation Insights
Commodore Builders, based in Boston (USA), is a veteran-owned construction company with an annual revenue of over $550 million. The primary market segment of the company includes commercial, corporate interiors, public, institutional, and life science. The business objectives of Commodore Builders included winning more projects by creating transparency and using data across their business to improve processes and support new company initiatives like their safety program, streamlining complex quantity takeoffs, and improving their scheduling with data and analytics by looking for minor recurring impacts.
To address these goals, executives in the firm enlisted the help and support of Amanda Finnerty, Director of Internal Operations to source technology and implement a strategy to facilitate accurate and timely reports and dashboards with the right measures or KPIs (key performance indicators) to ensure that the projects are on schedule, within budget, compliant with safety regulations, and adhere to the scope throughout the project’s life cycle.
Given that the fundamental principle of performance management is “what gets measured gets done,” the business value of data and analytics is to offer visibility through the KPIs to evaluate the progress of the measurement entity. Hence Commodore Builders needed a robust project performance dashboard with lagging and leading KPIs that provides accurate and timely insights on cost, schedule, quality, safety, scope, and daily allocations, plus the resource statuses of current and future construction projects. Fundamentally, a KPI is a quantifiable measure used to evaluate the success of a measurement entity in meeting its performance objectives. The lagging KPIs help to assess the past state, while the leading KPIs can be used to predict the future state. However, Commodore Builders realized the project performance dashboard was fraught with challenges or problems mainly on two fronts: (a) quality data and insights and (b) user adoption.
Quality data and insights in the context of building a project performance dashboard for Commodore Builders was on integrating diverse data in different formats from the project management system i.e. Oracle Primavera Cloud (OPC), Procore, accounting system, Sage 300 CRE, Excel spreadsheets, Autodesk Revit BIM/CAD applications, SharePoint ECM and more. To address this problem, Commodore Builders built a canonical warehouse as a single source of record (SoR) for deriving insights at the project, program, and portfolio level.
To help facilitate better access to data, Commodore Builders uses Toric for data ingestion out of their construction technologies for major construction data sources – including Procore, Oracle Primavera Cloud (OPC), and Revit – to build accurate and timely dashboards and reports, all in one place. This allows various business people and non-technical users to work with data in a user-friendly environment, without requiring any coding knowledge. As a result, various project and business stakeholders are able to access data consistently to quickly derive insights and create/share visualizations or insights with other team members.
Using Oracle Primavera Cloud Data for Live Scheduling Insights and Progress Tracking
One example of this is Jared Williams, a Lead Sr. Scheduler at Commodore Builders, who is using data analytics to do things like find minor recurring impacts on Construction Schedules, To do this, he’s created a new Metric that tracks activity-level changes and trending Changes in Toric as well as built out an interactive, real-time scheduling dashboard to improve insight into project progress, and compare scheduling against estimations by extracting data from Oracle Primavera Cloud. Learn more here.
Using Revit data for accurate Quantity Take-Offs on complex BIM models
Another example is how Amanda Finnerty, Director of Internal Operations helped facilitate using Building information modeling (BIM) to get timely and accurate quantity take-off (QTO)for an intricate curved wall design to quickly validate steel tonnage and confirm that our estimates were on point. They were able to implement a process to pull model data from Revit to interact with it directly for analysis and are now prepared to handle complex designs for QTO at scale in the future. Learn more here.
Using Procore Data for Safety Insights and Incentive program
As a final example, Amanda Finnerty, Director of Internal Operations partnered with Safety executives on their Incentive Program and added rich insights into the initiative. Commodore Builders is committed to safety and ensures that a Safe Plan of Action (SPA)is completed every morning and validated with a very simple measure: how many crews are on site versus how many SPAs have been completed for the day. These kinds of KPIs made it easy for the superintendent or safety officer to determine which crews are not complying with the safety protocols, helping project managers take necessary corrective actions. Overall, a positive approach was inculcated and reinforced in the company with training, coaching, incentives, and feedback. Learn more here.
Today, data and analytics are reshaping business models by creating new revenue streams, reducing costs, and making a direct impact in the construction industry like improving estimations, optimizing scheduling impact, and improving safety.
Against this backdrop, more companies like Commodore Builders in the construction industry are seeing the positive impact of data and analytics in their projects especially when supported with the right processes, people skills, and tools and technology.
To learn more about how Commodore Builders leverages data and analytics, please sign up for this on-webinar: https://www.toric.com/construction-data-leader-series to get practical advice and insights from Amanda Finnerty, Director of Internal Operations, at Commodore Builders.
Also, if you’re local to Boston like, Commodore Builders, please join Amanda Finnerty for a Boston Procore Community Group Meeting with Toric on Tuesday, June 27th at the Best Western Plus Waltham/Boston to meet other construction professionals and hear presentations from industry data leaders on how to combine data sources from the likes of Procore and Oracle Primavera Cloud (OPC) to create a single source of truth for data analytics, visualizations, and insights. Drinks and light appetizers will be served. Open to all. You do not have to be a Procore customer to attend.
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So, what next? How can you get started to achieve business results with Data and analytics and unlock better data-driven decisions? As a Project Manager, Architect, Engineer, Estimator, Construction Engineer, VDC professional, or Quality and Safety professional, you can now empower yourself and your team with impactful insights using Toric.
To get started now, create an account with Toric and immediately begin your data-driven journey. Import any CSV or Excel file easily and use them to build more impactful reports and dashboards that best serve your business. Our tutorial here will guide you through the process.
You can upgrade to implement Toric’s construction analytics and insights solution – for only $300/month, and get additional features like pre-built Connectors to effortlessly integrate with major construction tools and Automations to drastically simplify your reporting routines. By configuring your connectors and automations in Toric just once, it can automate the tasks needed to enjoy up-to-date dashboards and reports without repetitive and tedious work.