Tuesday, August 31, 2010

Measurable Time & Cost Savings from IPC Software

Over the past five years, I have been able to gather data from thousands of projects using electronic submittal software to analyze the time and cost savings from Integrated Project Collaboration (IPC) software. The traditional paper process used for submittals and other construction communications is inefficient and costly.

For example, the following data was obtained from a $30 million university project utilizing our IPC software for electronic submittals. The project had a total of 1,089 submittals. The project team members were spread out geographically within an approximately 100 mile radius, with the exception of one consultant who was located in a different area of the country.



No two projects are ever exactly the same, but this data shows the possible cost savings from use of IPC software. This is from reduction of shipping costs alone. Further savings can be achieved through acceleration of the construction schedule due to improved team communications and reduction in delays. Because the numbers typically vary based on project size, we have developed a simple online calculator that allows you to view typical costs and possible savings from IPC software for projects of different sizes. My best guess is that if all commercial construction projects in the U.S. were using IPC software, over $1 billion in shipping costs alone would be saved each year.

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