Questant Value Proposition
Our wide ranging understanding of the whole process of development from inception to start up, and close attention to commercial management through and into operations differentiates us from other companies in this field. We offer the following on the added value to be gained through using our services:
- Proven cost savings across the project duration: accurate and timely commercial management will in itself derive significant savings through optimal bidding, shorter engineering, construction and start up durations and minimization of change. Questant can also demonstrate significant ‘hard’ value savings also, gained through document review, identification of invalid change requests, negotiation of scope or change requests, management of performance and invoice and T&M review. Our aim is to be able to show minimum hard savings of between 5-10 times our fee level, in addition to ‘soft’ savings through diligent and ethical representation in the normal course of business.
- Local Knowledge: Questant understand the local construction industry, and how to establish a project to succeed with the right choice of contractor and procurement route. In addition to this, we are also a global solutions provider, and can bring to your project a wide perspective to ensure that best practices are followed.
- Accuracy of Project Basis: The project appropriation needs to be made against a realistic forecast of capital investment, operating expense, repairs and maintenance and schedule to start of operations. Questant can ensures that the inputs and execution strategy are established to best capture an understanding of value for the client, so that informed decisions can be made early in the process. We have a range of predictive cost and schedule models that can be applied before design, to help identify the optimum approach and manage design development from the outset.
- Understanding of Corporate Goals: Internal communications within the Owner organization on project status and required submittals needs to be timely and objective. Questant understands the needs of all internal departments and will provide Owner with the information required to facilitate such reporting.
- Early Identification of Risk and Value Opportunities: Questant can develop a detailed risk and value analysis in the program’s initial phases and identify those areas that either provide opportunities for added value,cost savings or schedule reductions, or which pinpoint risks that require mitigation. Proactive action can then be taken before the issue is brought to your attention by the contracted party, increasing your ability to mitigate against extras, or take advantage of forecast under-runs.
- Commercial Management ability: Key to any project is the collection, assimilation and use of the information generated. Also key is in knowing what data is required for effective control, for use by the different Owner departments and executive Board. Through process and team alignment Questant can ensure that the data is used efficiently and correctly, and can serve to:
Implement the optimum strategic delivery route
Establish the master schedule and budget
Identify and manage program risks
Monitor progress and payments
Maintain an accurate cash flow statement
Forecast the final cost
Establish year-end accruals
Establish optimized asset segregation data
Prepare accurate and timely project reports