The reduction of physical assets into interlinked dependencies
Consistent methodology to achieve success in the market
Modern digital interface for BTI product
A market-led, digital product deployed in NSW Australia to enable the differentiation of construction assets (e.g. Residential Apartment Blocks) based on a quantitative assessment of the trustworthiness of the construction of those assets.
The project was lead by the NSW Government’s Dept. of Customer Service to restore consumer confidence in the NSW construction sector.
This assessment took into consideration WHO the participants were in the construction, WHAT materials were used and HOW the construction had been certified throughout and the end of construction.
The heart of this product was a model developed by myself, with input from actuaries within KPMG Australia, academics from Western Sydney University and wider Industry Experts.
Strictly, due to the liability of the product, BTI was not a risk assessment tool, but the principles behind the methodolgoy and algorithm could equally be applied as such.
Working For:
- KPMG Origins
- The Department of Customer Services (NSW Government)
- Private construction/development incl. Mirvac, Made Property, Urban Property and 25+ others
Industry:
- Construction
- State Government
Core Technologies
- Root Cause Analysis
- Bayesian Networks & MCMC
- Python, C# & PostgreSQL
- Azure & Docker with Kubernetes
Building Up Skills
- Go-to-market and sales product experience.
- Navigating public, institutional and private industry partnerships.
Key Outcomes
- An expandable model for mapping the internal dependencies of real-world construction assets, backed by both academia and industry.
- A reproducible methodology for converting qualitative properties into comparable indexes, approved by the wider industry.
- Launched a complex, high-quality digital product.
- Onboarded 25+ companies and 100+ assets in the first year, improving consumer confidence in the residential market.