Cost benefit analysis combined with 3D design software reports triple bottom line value of projects on demand

International Conference on Sustainable Civil Engineering

June 20-21, 2016 Cape Town, South Africa

Justin Taylor

Modena Design Centres (Pty) Ltd, South Africa

Posters & Accepted Abstracts: J Civil Environ Eng

Abstract :

Every infrastructure and major building project today competes for scarce financing. Teams that convince stakeholders of maximum financial and sustainable returns achieve more wins. But the true scope of valuation is complex. Significant elements of public value are often discounted, not quantified, or overlooked. For example, improved water quality and increased recreational and property value, the natural outcomes of green storm water infrastructure projects, are often not factored in or are left to subjective evaluation. This makes comprehensive comparisons of sustainability driven projects to traditional projects difficult. Highlights of solution to be presented is to translate economic, social, and environmental value to financial metrics Inform analysis and design iterations with rich data from 3D models, view full costs and benefits by stakeholder group, bring economists� expertise in-house with transparent data sources and compare the value of various design options and different project. Custom economic and risk assessment studies that are meant to resolve this complexity are too costly for ongoing use. They tend to be one off efforts that end up having little relationship to what is ultimately built. Justin will cover a solution that will help infrastructure professionals to understand TBL values without costly economic consulting, achieve more sustainable, profitable results in less time, reduce pushback and costly delays by addressing community concerns, present your case with confidence backed by credible data and prioritize competing projects for financing based on societal value.

Biography :

Email: Lisa@modena.co.za