IMPROVING DECISIONS AND OUTCOMES FOR THE CONSTRUCTION INDUSTRY
A Dashboard for the Construction Industry and each individual contractor
The construction industry battles with escalating costs. They often do not deliver their work on schedule, not as specified and not within budget. They are often liable for unnecessary penalties. These costs are preventable if the industry would adhere to the procedures of Q5 Construction Solutions.
The right point of departure is to follow a reliable and comprehensive compliance and proficiency process, compiled by professional verifiers and available live (on line and continually updated). This first step boasts a long list of benefits for both principal- and subcontractors revolving around risk, costs and time.
As a second step, the contractor must be assisted to increase / maintain its compliance and proficiency and is therefore invited to subscribe to a customised Contractor Enhancement Programme.
THE ESSENCE OF THE Q5 CONTRACTOR ENHANCEMENT PROGRAMME
There are five main factors critical to optimal performance. These main factors comprise hundreds of issues and they are all interdependent. The following table provides a summary of these main factors:
BELOW ARE EXAMPLES OF WHAT THE PROGRAMME COMPRISES:
CONTRACTORS ARE ASSISTED TO REACH THEIR FULL POTENTIAL WHILE THE PROGRAMME IDENTIFIES BEST PRACTICES FOR THE INDUSTRY – EVER RAISING THE PERFORMANCE BAR
Information interpreted from the above is translated into specific remedial action which is correctly prioritised and communicated to all stakeholders. Below is a typical dashboard used for communicating directly to decision makers.
Much of this information is gathered on the site while the contract is running. Equally important is the post evaluation (for establishing contract satisfaction) and the post-post evaluation (for establishing sustainability of work), at an agreed time down the line.
All contractors will be placed on a Procurement Decision Tool – those that have subscribed to the Q5 Enhancement Programme will be privileged because of their higher scores brought about by their superior performance. Those who refused to participate (refused the opportunity to improve their performance – providing more value to their clients) will reflect a lower score on any number of Performance Indices portrayed below. Clients, through natural selection will tend to support those providing them with good value for money and avoid those contractors consistently disappointing clients and their business associates to whom they talk regularly.
Low scoring enterprises will be filtered in or filtered out by clients anxious to benefit from (and support) good performing contractors. Clients avoid poor value-for-money contractors in their quest to make best-for-me decisions – a basic human desire.