It can be difficult to develop a sound business case and secure funding to implement new technology. This class will discuss an Autodesk Consulting engagement by a major electric and gas utility to develop a strategic implementation plan and business case for the adoption of Building Information Modeling (BIM) for both the transmission workflow and the substation design engineering and construction workflow. The Solution will alter the current design and construction management processes, and it includes InfraWorks software, AutoCAD Civil 3D software, Inventor software, Inventor Publisher software, Substation Design Solution software, Vault software, and BIM 360 software. In this class we will discuss the process followed to analyze the business requirements, develop a Solution, and formulate an implementation plan and cost estimate. The class will highlight an approach to benefit quantification, which includes preparing a net cash-flow analysis and calculating the financial metrics required to present and win funding approval from senior management.
- Discover methodologies for business requirements gathering and strategic planning
- Learn how to propose a study to develop specifications, solution design, implementation plan, and business case
- Learn how to develop an approach to quantify benefits for a Technology Solution
- Learn how to calculate key financial metrics for a business case, including net cash flow, return on investment, and payback