PERFORMANCE OF construction projects will be measured in eight key areas from next month, chairman of Movement for Innovation Alan Crane said this
These key performance indicators will be used on all demonstration projects but the same tool kit will be available from the Construction Best Practice Programme for all companies and projects to use, he said.
Results of the industry's achievements over the forthcoming year will be analysed and reported at the start of next year's Construction Week, he said.
The eight areas covered by KPIs are:
Cost and time reduction - change from business case estimate to final cost/period
Cost and time predictability - change from contract start to final cost/period
Defects - number at handover and in next 12 months
Accidents - reportable accidents per 100,000 hours worked
Client changes - number of client instructions during construction which affect business case
Profitability - pre-tax profit on sales
Client satisfaction - scale of 1-10