•   about 2 years ago

Data-Driven Construction Performance (sensors & data analytics)

This one goes out to the construction folks in the crowd...

CONCEPT DESCRIPTION:
Assessing risk in the construction industry and exploring the ways through which technological advancements can provide for better informed, safer, and more productive job sites.

PROCESS:
Things to Research...
- How is risk currently evaluated and defined in the industry?
- Is insurance is a good place to look? If so, how do insurance underwriters evaluate risk?
- What data sources to insurance companies pull from? Do they have Analysts and Quants on staff?
- What sort of metrics and factors do they look for? Are there specific equations they rely on?
- What are key terms surrounding risk in the construction industry?
- Do such terms lead to other resources?
- Are there related research organizations, government websites, scholarly articles?
- What emerging technologies are providing better real-time data and insight about what workers are doing at all times, how the regularly work, etc?

Defining the Problem...
- How can construction sites be safer?
- What does a safer construction mean for the business side of the industry? Less risk = more profit?
- What are the potential downsides of tech advancements?

Exploring a Solution...
- What is a way to calculate risk?
- What can be created with data sources?
- Who would use this information?
- What format would it be shared/analyzed in?
- What impact would/could such a tool make?

RESOURCES:
- various public databases about construction: safety reports, injuries/deaths, insurance, project cost metrics, company earnings, etc.
- sensor creation and data capture
- ability to migrate, merge, and match data formatting
- data analytics expertise
- data visualization expertise: web, dj.3s, powerBI, Tableau

Technology companies to look into...
- Pillar Technologies, a construction site sensor company: http://pillar.tech/
- Human Condition Safety: https://redshift.autodesk.com/construction-site-safety/
- A construction site GPS tracking/positioning service: https://www.redpointpositioning.com/
- 3D Robotics site surveying with drones: https://3dr.com/

DELIVERABLES / PROOF OF CONCEPT:
- explain the state of the construction industry and make a case for improved safety/performance
- explain some of the ways technology can improve real-time tracking, awareness, and prediction
- develop a minimally viable product that demonstrates how data/information might be acquired
- explain the process of managing and interpreting the data
- create a dashboard and user experience for identifying correlations and predictive analysis
- estimate the potential value: less accidents, reduced insurance costs, re-allocation of resources, investment into the tech, etc.

GOALS:
- develop a working concept
- research issues of risk, performance, sensors, data, correlations, return on investment
- propose a viable connection between technology and improved safety/performance in construction
- develop a product/workflow that could reasonably tested in a local construction company
- have each team member walk away from the experience with at least one new skill

IDEA CREDIT: Ned Nardi - Tocci intern / Northeastern student

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