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Showing posts from October, 2018

Using Excel's Forecast Sheet Feature for Construction & Life Cycle Parameters

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Sustainability requires that we think and act in terms of a circular economy. ...yes massive inertia and complexity of the construction industry means that the way is very long. One step at a time would however make it happen.
We can begin with the Life Cycle Costing of Buildings. This requires us to update both our knowledge base and skill sets. Many iterative cycles would be required for maturity but this should not deter us in making a small beginning. Specially when we have such intuitive features like forecasting sheet readily available in the newer version of Excel that industry uses day in and day out.

Construction industry generates lots of data most of which is not used. What is usually used is for litigation and contract administration actions. Much of it is picked and chosen to make or break a case. With new data analysis features, making good use of Construction and maintenance data is easy. Appropriate databases may automatically be made to provide useful insights into l…