New Technologies which will help in Reduction in material Wastages, increasing resource utilization, reducing high inventories, reducing lead times are crucial to measure ROI and Value additions.

Start by setting clear, project objectives that align with overall goals, like reducing operational costs or increasing project efficiency. Then quantify potential benefits by assessing metrics. Tracking performance data with analytics tools is crucial to monitor impact, adjust methods, and confirm if the technology is achieving the desired outcomes.

At the time our company or project is to buy-in or adapt a new tech; priority verification shall be on the alignment between the tech product outputs to the project(company)goal. Financially(investment wise) it is important to check if we will have a short??payback period of investment To do so, as an Engineer, also with marketing studies the simplest action steps for me are: I. Set the function/benefit in measurable unit of project function (cost, time and/or quality) II. Analysis(in the unit set above) how much our current system costs III. Estimate(same unit) how much our project execution costs with the new tech IV. Use ROI = [Benefit - Cost at II]/Tech investment Observe [cost II - cost I] & good ROI value for decision..

When assessing ROI for new technology in civil engineering, consider how it could transform the way we build. Think beyond costs—does this technology empower your team to innovate? Imagine tech that doesn’t just meet goals but redefines them by unlocking faster, smarter, and safer construction methods. Pair data analytics with predictive insights to not only measure performance but anticipate challenges, bringing a whole new dimension to project resilience and efficiency. Now that’s ROI that truly adds value.