Tuesday, March 7, 2017

Analyzing the Impact of Projects on People Profits and the Planet





Lachmi Khemlani, founder and editor of AECbytes, wrote an nice review of a new software program called Autocase which creates a detailed report on the so-called triple bottom line (TBL) of a project from a cost benefit analysis perspective. The article, Autocase: Cost-Benefit Analysis of Sustainable Design, summarizing the benefits of the new program.

TBL refers to the financial, social and economic impact of a project. I often refer to TBL as the 3 Ps, people, profits and planet. As Lachmi points out in the article more and more owners are demanding more detailed analysis of the TBL prior to greenlighting projects and this new software tool appears to enable such analysis.

The current version focuses on sustainability issues and is tied tightly to the USGBC's LEED certification process but one can imagine a modified version of the software that provides three separate reports that focus on people, profits and the planet. Arming decision makers with in depth analysis early compliments the integrated project delivery model well. A report that satisfies the owner, the lender and the environmental regulators / public code enforcement officials all at once makes a lot of sense. Here at Collaborative Construction we will keep a close eye on Autocase.

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James L. Salmon, Esq.
Collaborative Construction
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