Decision makers often requests a calculation of the Return for their Investment. When it comes to BIM, the calculation of a single number (the strict definition of "ROI") is difficult and arguably limited in practical value. Decision makers are more interested in a wider understanding of what they (and their company) are getting back. In this note I present my thoughts on the ROI measurement limitations and how to address investment decisions for BIM. Introduction Return on Investment or ROI is a common evaluation metric to decide on investment projects. In certain contexts it is a back-of-envelope assessment of performance of an opportunity. It simply states the ratio between the expected returns and the required investment, and is often presented as a percentage value. (ROI = Return/Investment). The Return is the net impact of the implementation, meaning the difference between the value before and after the project is executed, or the gross return minus the investment...
A random exploration of challenges and side projects, recollection of thoughts and breadcrums of projects too small to be material or too large to be possible...
(notice that projects under a proper NDA will not be mentioned here!!!)
Ideas and opinions are my own and not affiliated or endorsed by my current or previous employers.