InsideOmegaQuantity Management
The Quantity Management module provides a computerised system for company verification of contractor measurement and management of Quantity Update Estimates. The quantity measurement process provides a continuous interpretation of Scope of Work into man-hours and cost through to final account.
Quantity Management provides the company with a complete current and dynamic overview of construction quantities in parallel to engineering and fabrication development. The measurement quantities through the system structure are converted to both man-hours and cost. This enables management to forecast and track actual commercial aspects of contracts.
By utilising the Quantity Management module, deviations, cost changes and inconsistencies can be identified and managed at the earliest possible stage, thus maximising time available to initiate and execute corrective actions for cost estimates, progress payment and final account.
PIMS Quantity Management provides a clear status of measurement at any time and maintains both “Contractor presented” and “Company Verified” detail measure which enables the identification of discrepancies.
Corrected data is subsequently imported in later file transmissions. Thus quantity data is guaranteed to be continuously in accordance with contractors’ engineering systems. A comprehensive report suite enables reports at both detailed and summarised levels to be produced.
Key features
- Electronic reception of contractor’s measurement
- Identification and quality control of discrepancies
- Tracking of discrepancies and their mutually agreed clearance
- Control of quantity update data
- Tracking of discrepancies and their mutually agreed clearance
- Establishment of project forecasts, estimates and trend graphs