Gordian launches portfolio analysis dashboard for construction data in Greenville
- Gordian launched the Data Insights – Portfolio Analysis dashboard to help facilities executives visualize historical cost data from completed JOC projects.
- The dashboard provides dynamic visualizations and predictive cost tools, enhancing decision-making for budget allocations and project bids.
- This new offering is part of Gordian's strategy to improve data-driven decision-making across the building lifecycle.
On September 16, 2024, Gordian announced the launch of its Data Insights – Portfolio Analysis dashboard in Greenville, SC. This innovative tool is designed for facilities executives and procurement professionals, enabling them to visualize historical cost and spending data from completed Job Order Contracting (JOC) projects. The dashboard aims to facilitate smarter decision-making by providing an intuitive, real-time display of project data, which is crucial for verifying construction costs and projecting future budgets. The Portfolio Analysis dashboard extracts detailed data from a company's portfolio of completed JOC projects, allowing users to create dynamic visualizations segmented by various criteria such as project, job order, category, task, or contractor. This user-friendly interface enables executives to drill down into specific areas of interest, enhancing their ability to make informed decisions regarding budget allocations based on past financial performance. Additionally, the dashboard includes predictive cost tools that assist in repricing historical projects for future budget validation and project bids. This offering is part of Gordian's broader strategy to enhance its Cloud Platform, which connects essential workflows and accelerates data-driven decision-making across the building lifecycle. The Portfolio Analysis dashboard is the third product introduced in Gordian's Data Insights suite this year, following the launch of Cost Trends and Predictive Cost Trends. These tools collectively empower organizations to optimize capital investments, improve project performance, and minimize long-term operating expenses, reinforcing Gordian's commitment to transforming data insights into actionable decisions.