Professional Building Systems, Inc. structures are better because they are built in the controlled environment of a modern manufacturing facility. Modular construction means more materials, increased energy efficiencies and quality construction.
Return on Investment
The ROI (return on investment) is how much profit or cost savings is realized. ROI measures how effectively the firm uses its capital to generate profit; the higher the ROI, the better. To gain a better appreciation for the advantage of modular vs. conventional construction, think “faster, less expensive, more flexible construction, and speed to market” than the conventional approach “think faster, higher ROI.”
IRR‐Internal Rate of Return
You can think of IRR as the rate of growth a project is expected to generate. Generally speaking, the higher a project’s internal rate of return, the more desirable it is to undertake the project. Building a modular ensures you the highest IRR because it is a faster, more efficient way to build and make controllable to mitigate cost overruns. The faster the project is completed, the sooner you can start earning money back. A hotel, for instance, can operate sooner when built faster through the modular process. The faster you can fill the rooms, the faster you can achieve your rate of return on a project.