V2Projects uses state-of-the-art technology tools, qualified personnel and disciplined project management methodologies to manage the construction of housing development projects and individual homes.
Talk to anyone who has built their own home - or even done alterations - and you will find that they have vivid and unpleasant memories. The construction process is a nightmare of arguments with builders and suppliers, missed deadlines, budget overruns and poor quality workmanship. Clients move into their new home with bad memories and fears about concealed problems.
Why does this happen?
| 1. |
Contractors and clients have conflicting goals. The client intends to get the best quality at a given cost but after being awarded a fixed price contract, the builder seeks ways to cut costs and quality in order to maximise profit. |
| 2. |
The total cost of the home is significantly higher than the original tender price. Building tenders are structured to maximise the likelihood of getting the work rather than the ultimate total cost to the client, or even the successful completion of the project. |
| 3. |
A building contractor's core skills are plumbing, carpentry and brickwork, not paperwork. Builders are traditionally lax in the administration of home building projects which leads to poor cost and stock control. |
| 4. |
It is often not in the interests of the building contractor to communicate fully with the client. Clients are kept in the dark about the real status of their project progress, costs and cash flow, limiting in their ability to assess alternatives within the framework of budget, time and quality. |
The V2 approach encompasses the following:
| 1. |
The approach is a transparent one - costs, status and other information are completely available in detail for the client allowing him to make informed decisions. |
| 2. |
Each project is handled as a partnership between the project manager and client. This means that long term client satisfaction is of paramount importance in terms of the building process and the end product. |
| 3. | V2 makes comprehensive use of information technology and the internet to enhance efficiency and communication. Constantly updated information is available anywhere, empowering the client to manage budget and cashflow effectively. |
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| 4. |
V2 provides high levels of supervision on site in order to establish standards and make sure they are applied by suppliers and service providers. |
| 5. |
V2 takes a formal, structured approach to the identification and management of project risks and regularly makes use of professional, certified partners. |
| 6. |
V2 takes a formal, structured approach to the identification and management of quality issues and makes use of professionally qualified personnel to monitor quality on site. |
| 7. |
V2 has framework service level agreements with key sub-contractors in order to govern the long term relationship between them and V2 Projects. Specific projects are then undertaken in terms of these framework agreements. This encourages sub-contractors to take a long term view on service and quality issues, and reduces risk. |