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Construction Performance

What to measure. Traditional metrics vs systemized metrics vs protocol-era metrics.

Performance Categories

CategoryWhat It MeasuresTraditionalSystemizedProtocol-Era
FinancialProfitabilityBank balanceJob-level P&LReal-time margin oracles
OperationalEfficiencyHours workedSchedule varianceAutomated coordination
OwnerLiberationExhaustionDelegation rateSystem autonomy
QualityOutcomesPunch listsRework rateVerified completion proofs

Financial Metrics

The Illusion Gap

The gap between perceived profit and actual profit. Most builders steer by bank balance.

MetricStrugglingAverageSystemizedEvidence
Gross markup15-18%20-25%30-33%SORCI benchmark
Net profit margin2-3%5-6%10-15%Industry data
Job cost accuracyEstimatedPartial allocationFull allocationAPB best practice
Monthly financialsQuarterlyBy 15thBy 10thCorrelation with profit

Key Financial KPIs

MetricFormulaWhat It Reveals
Net Profit MarginNet profit (after owner salary) / RevenueTrue profitability
Revenue per HourAnnual revenue / Owner hours workedOwner efficiency
Gross Profit per Job(Contract - Direct costs) / ContractJob-level health
Cash PositionWorking capital / Monthly overheadRunway
Illusion IndicatorBank balance - True WIP-adjusted profitReality gap

The Revenue Ceiling

Revenue BandTypical ConstraintSystem Fix
Under $1MOwner does everythingDocument top 5 processes
$1M - $2.5MSales bottleneckRepeatable sales system
$2.5M - $5MCapacity bottleneckProduction planning + delegation
$5M - $10MCash flow bottleneckProgress claims + variation management
$10M+Leadership bottleneckManagement layer + exception reporting

Operational Metrics

Schedule Performance

MetricTraditionalSystemizedWhy Better
Schedule variance"About on time"Days +/- per phaseActionable
Trade handoff timeWhenever they show upPlanned gaps measuredPredictable
Rework rate"Normal amount"% of budget re-spentReducible
Variation turnaroundDays to weeksDocumented SLAClient trust

Systemization Index

Four equal-weight components measuring operational maturity:

ComponentScore 0-25What It Measures
Documentation% critical processes written downCan someone else follow this?
Delegation% critical processes run by non-ownerDoes the business need you?
Training% team trained on documented processesDo they know what to do?
Exception Reporting% processes with KPI tripwiresDo you know when it breaks?

Scoring:

  • 0-25: Owner-dependent (danger zone)
  • 26-50: Partially systemized (most builders)
  • 51-75: Systemized (scaling possible)
  • 76-100: Self-running (owner as architect)

Owner Metrics

The Bottleneck Score

Composite metric measuring how trapped the owner is:

ComponentWeightMeasurement
Decision dependency30%% decisions requiring owner approval
Task concentration30%% tasks tagged "owner only"
Project attachment20%% revenue from owner-PM'd projects
Approval latency20%Average days for owner sign-off

Owner Liberation KPIs

MetricTrappedTransitioningLiberated
Hours/week60+5040
Time on vs in10/9030/7060/40
Vacation days/year51020+
Revenue per owner hourBelow $100$100-200$200+
Two-week testBusiness stopsBusiness slowsBusiness runs

Quality Metrics

MetricMeasurementTargetWarning
Client satisfactionNPS or survey8+/10Below 7
Defect ratePunch list items per $100KUnder 5Over 15
Warranty callbacksCalls per completed projectUnder 2Over 5
Referral rate% new clients from referralsOver 50%Under 25%

Opportunity Assessment

Scoring Dimensions

DimensionWeightConstruction ScoreEvidence
Market Attractiveness20%8.0$17T+ TAM, fundamental human need
Technology Disruption20%6.0Second-least digitalized industry
VVFL Alignment25%7.5Systemization loop proven by SORCI
Competitive Position20%7.0Fragmented market, systemized players win
Timing Risk15%6.5Interest rates, material costs, labor gaps

Aggregate: 7.1/10 — Active Opportunity

Opportunity Matrix

OpportunityScoreTimingKey Risk
Builder systemization (SaaS)8.5NowAdoption resistance
Equipment sharing (DePIN)7.0NowNo scaled protocol
Material provenance7.51-2 years2028 carbon mandate driver
Worker credentials6.52-3 yearsFragmented adoption
AI project management8.0NowConTech investment surge

Watch Signals

SignalBullishBearish
SORCI adoptionMore builders benchmarkingIndustry ignores data
ConTech investment$3.55B Q1 2025, 46% to AICapital dries up
Carbon mandates2028 disclosure acceleratesDelayed or weakened
Labor shortage439K gap forces automationImmigration solves it
Interest ratesRates drop, volume returnsProlonged high rates

Principles to Performance

PrincipleWhat to Measure
Systems scale, heroes don'tSystemization Index, owner bottleneck score
Margin is managed, not hopedNet profit margin, job cost accuracy, illusion gap
Coordination is the productSchedule variance, handoff time, rework rate
Trust compounds through proofReferral rate, dispute rate, client retention
Communities build communitiesLocal trade utilization, material sourcing

Context