You Should Insist on Data-driven Decision Making

A recent Harvard Business Review study found companies that rely on data expect better financial performance.

There are three critical pieces of data building owners need at every decision point on a construction project:

1. What will it cost up front?

2. What impact will it have on my building’s performance?

3. How much will it save me long term?

Typically, project teams are only given the answers to questions 1 and 2. But how can you make a good, data-driven decision if you don’t have the long-term impacts on your building? To reach better financial performance, you must insist on all three pieces of data.

The owner’s decision matrix is an AUROS360 system designed to give building owners all the data necessary to make high quality decisions.