A Smarter Answer to Strengthen Our Construction Prospects

Human beings are known for a myriad of different things, but most importantly, they are known for getting better on a consistent basis. This tendency to improve, no matter the situation, has fetched us some huge milestones, with technology emerging as quite a major member of the stated group. The reason why we hold technology in such a high regard is, by and large, based on its skill-set, which ushered us towards a reality that nobody could have ever imagined otherwise. Nevertheless, if we look beyond the surface for a moment, it will become clear how the whole runner was also very much inspired from the way we applied those skills across a real world setting. The latter component, in fact, did a lot to give the creation a spectrum-wide presence and start what was a full-blown tech revolution. Of course, this revolution then went on to scale up the human experience from every conceivable direction, but even after achieving a feat so notable, technology will somehow continue to bring out the right goods. The same has turned more evident in recent times, and assuming a construction-related development ends up with the desired impact, it will only make that trend bigger and better moving forward.

SmartPM Technologies, an Atlanta, Georgia-based company that focuses on construction project analysis, has officially launched a new automated narrative report feature, a feature which can generate narrative from schedule data set in a quicker and rather seamless manner. According to certain reports, the feature scans through all schedule data before performing an extensive analysis so to contextualize the stated information. Next up, it delivers the results in text format by automatically filling in the fields of an internal template with standardized text, customized with the project’s unique numbers. But what sort of data the feature actually relies upon? Well, the new reporting functionality gets its data from several unique metrics, including schedule quality, performance (plan vs. actual), critical path analysis, milestones, compression, and more. Another detail worth a mention here is how the feature is also well-equipped to accommodate new project updates that get added to SmartPM along the way, thus offering optimal flexibility when incorporating any need parameters.

When quizzed regarding the development, Michael Pink, CEO of SmartPM Technologies, responded by saying:

“This more or less goes back to the original goal for the SmartPM platform: to take the most complicated data set in the construction field – the schedule –and present it at a level that anyone can understand. The platform can still provide the ‘deep dive’ statistics, charts, and graphs, that some people require. But the report is an incredibly useful tool for the executive who wants that same information in an easier-to-digest, narrative format.”

Founded in 2012, SmartPM Technologies’ rise has been largely supported by its ability to leverage the usually overlooked data points across a construction schedule. This has helped the company in realizing a reality which consists of automated and more intuitive schedules, relevant reviews, and all those insights that can be critical when trying to mitigate risk, control costs, and increase the operation’s overall profitability. Now, though, the development in question here should get SmartPM to clock a level of efficiency that is much higher than whatever we have seen so far.

“In the future, as we pull in new data sets and overlay them with the schedule data, we’ll be able to push that information back out to the narrative to make it even more comprehensive – and far more insightful,” said Pink.


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