At Key Estimating Ltd we are always striving towards excellence, to continuously improve what we produce is Key to our success.
Whether it's a standalone estimate, cost plan or a technical report, we have to ensure what we produce is fit for purpose. Not only for our client's peace of mind, also for our team members to have confidence in what they are producing and for the business growth going forward.
We have developed a standard suite of benchmark rates. These are a strong reference point for our team to use as a guide. These are a composite of industry data and first principle build ups. These cover the top ten items across multiple schedule of rates, we usually find that eighty percent of the estimate value is in the top ten items.
By concentrating our efforts and checks on the most important items it gives us confidence in what we issue. We would rather take the time and effort on determining the high value steelwork in the concrete than on the joint filler in the concrete.
These are not for issue or for sale, they are our commercial and engineering collateral. They not just key they are Key's.
We have and continue to improve our own internal governance process which starts at proposal through to completion, we have a wraparound process that captures, document handover, version control, meeting minutes, assumptions, through to independent review.
Independent review! All our stand-alone estimates, cost plans, reports will now go through an independent review. Key Estimating will pay for the cost of the independent review. We have engaged with an independent contractor to complete the review. They are instructed to provide open and honest feedback. The evidence of the review will then be taken forward as a lesson learnt. Reviews will be available on request.
We feel that taking these steps will not only strengthen our quality and reputation but also enhance our service provision to our clients.
For any help on assurance, governance and independent reviews please get in touch. Some simple steps and discipline will make a huge difference!
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