Construction use case in Open Value Networks:

non- fiction not a game dept. post Oct 2018

The construction sector is a varied and complex economic sector with roots going back to thousands of years of architectural and construction practice on every continent. Originally conceived as family and community auto-constructed structures, it evolved into institutional and urban scale societal projects spanning the full spectrum of uses and resource allocation models: from patronage funded construction to commerce and industrial building. What gets built has, for the most part, always been a reflection of societal concerns and focus. Ancient architecture emerged from Imperialistic and religious considerations. Today construction (in the broadest sense) is inextricably bound to financial and economic, public works and jurisdictional priorities. In the future we may see that climate change, ecological, and space exploration concerns may be drivers of construction of all types.

In the context of open value networks, construction may be for community purposes and at scale can be seen as public works (as a commons network level project). The initiation of construction projects is typically demand driven. In public works the first steps are typically Investment Analysis to evaluate economic and financial feasibility of the construction. This analysis triggers feasibility studies, budgeting and preliminary design. Construction here, unless it is an end product, correlates with Network Level projects in P2P parlance ( That is to say, construction is oft a commons/public or private work that benefits other projects, productions or commons. Seen in that light, the restoration of ecologies can be seen to be equivalent to construction in its net benefits. The following will examine in detail the steps in Public works project :

The project structure of construction from inception to delivery for a public works National Project Management System (NPMS)[1] model has 3 stages, 9 phases, control points, deliverables and cost estimate categories (note here that costs and resources are interchangeable terms):

The project structure of modern construction from inception to delivery is shown here in simplified form:

By way of contextualizing Budget and planning, here is a project structure of modern construction from inception to delivery is shown here in simplified form:

1 Project inception stage (basis, need, demand)
  Definition phase scope

2 Project identification stage:
  Initiation phase
  Feasibility Phase
  Analysis Phase with Class D estimate
  Risk analysis and contingency planning
  Identification close out phase

3 Project delivery stage:
  Planning Phase
  Design Phase
        Professional Services Procurement
        Analysis of Project Requirements
        Concept Design Proposals with Class C estimate
        Design Development with Class B estimate
  Implementation Phase
        Contract Documents
        Pre-Tender Class A estimate
        Tender Call, Bid Evaluation & Construction Contract Award

  Construction Contract Administration
  Consultant Contract Administration
  Delivery Close Out Phase
  Operations and maintenance lifecycle

As one can see, estimates are used leading up to tendering and continues (as changer orders , directives and any scope change as 'on the ground' unforeseen conditions arise (hence the previous risk analysis)

In private projects, as opposed to public works, a more streamlined workflow is used. ROI analysis for construction budget divides soft costs (professional services and design) and hard costs (actual construction costs). In the context of open value networks, it is worth noting, “The price of every factory, office building, hotel or power plant that is built affects the price that must be charged for the goods or services produced in it or by it. And that effect generally persists for decades”[2].

When one considers construction of affordable housing, life support, regenerative design and terraforming, those construction costs (resource requirements) create value and resources in and of themselves.




.older posts below

When game theory meets finance: Building Peace Machines with Ethereum

not fiction not a game: OpenCoop Platforms are the future but

It seems (my impressions only here) that for a while there's been little mention of Ethereum in the OpenCoop sites.. Now there seems none at all in opencoop circles...Yes circles or should I say spirals, as in (a network of networks) is the new premise for open cooperative platforms/projects.  This new paradigm in opencoop and Open Value Networks is partly based on liked minded /cultural affinity and joining is by invitation only in slack type channels like where groups can engage around projects. I don't entirely disagree but I think the lack of ethereum attribution in that ecosystem is a reaction to the difficult technical premise faceless programmable smart contracts and creating trustless platforms . -if Ive read between the lines correctly.

Recent articles like the Perils of Trustless Systems highlight a sentiment that Trustless smart contracts are dehumanizing in some way and developing trust and accountability is the better way. I disagree with the rejection of smart contracts here: because transparency and accountability is the very backbone of Ethereum smart contracts. Open projects that span continents need tools for transparency , governance and collaborative tools. That OpenCoop would shun Ethereum seems a mistake and maybe a cultural bias.

The seeming lack of opencoop adoption of ethereum (or attribution) may be a bias based on the premise that smart contracts are only the plaything of Entrerprise Big Banking. Simply put, ethereum doesnt 'fit' the opencoop crowd's culture and image or values? Ethereum is culture agnostic..branding is superficial.  You may use it as you see fit.. its not exclusive to the banking sector, VC or some ideology.. Its a tool.. to build machines. ,,Peace Machines

The concept of platform ownership in OpenCoops favors the idea of collective ownership. Ethereum doesn't belong to anyone.. it is a public utility like a road .. therefore arguably a collective ownership. Opencoops dont take that road or avoid it. It will be interesting to see how scalable their closed door (open source ) will scale or not.


coming soon