EXCERPT FROM THE JSFB. SUBSCRIBERS CAN READ THE FULL ARTICLE IN THE APRIL 2014 EDITION.
New data and technology advancements in the infrastructure design industry have the potential to revolutionize how finance and banking professionals screen opportunities for impact investments. The design industry is rapidly moving from the practice of drawing lines and circles to an intelligent, model-based design process called Building Information Modeling (BIM). This design process reveals more insight into projects than ever before. However, this is just the beginning of a new era; soon BIM will be able to translate all this disparate project cost, risk, and performance information into a comprehensive business case that quantifies social, environmental, and economic returns. The more engineers know about what they’re building and how to build it, the more likely the project will come in on time, under budget and perform as expected. And the more the banking community knows about project value and risk, the more likely they will participate in financing.