Benchmarking - 4 Part Series

Mark Heath, 24 Feb 2016

After a bit of a hiatus, the UniPhi blog is back. I have taken over the job of writing a weekly blog entry covering key problems our software is trying to solve. Over the next 12 weeks I will publish 3 new blog series with 4 articles in each series. The 3 series will cover the following key functions of UniPhi's software:

  • Benchmarking
  • Contract Administration
  • Cost Management
These three areas have become key areas of our application for our clients and we believe our approach to these areas is unique. Probably the most successful of all has been in benchmarking where we have been able to win back to back Australian Business Awards for innovation.

It is true that most of the work in this area has been for one of our fortune 500 clients (AECOM) and they won an excellent end product called Guide that provides their clients with benchmark data as well as the ability to price new projects within seconds using some key design parameters and the law of large numbers.

However, we have recently been able to take some of the learning from this work and incorporate the ability to capture key metrics into our application that due to its portfolio nature, already had significant benchmarking capability. This will be the topic of my first blog entry to be published tomorrow.




The four articles for Benchmarking are:
Part 1 - Data Capture and Quality Control
Part 2 - Control Quantities and Design
Part 3 - Utilising data captured
Part 4 - Using benchmarks to estimate new projects

 

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