QUEST Methodology Explained: Integrating Quality Management into Building Projects
The QUEST Consortium has released a report explaining the methodology behind our tool & data engine, and what both can do to de-risk energy efficiency investments going into building projects through the integration of Quality Management.
Poorly performing or even failing systems in commercial buildings are a massive risk for investments in sustainable buildings. While anecdotal evidence is widely published, and a few studies have shown the magnitude and likelihood of individual faults, financial actors often still have difficulties to statistically evaluate the technical risks involved in specific construction and real estate investments. Consequently this lack of understanding also brings financial risks, as buildings that don't live up to their requirements lose value. QUEST aims to de-risk investments through the integration Quality Management Services (QMS) in building projects. QMS help to ensure that different requirements in the early-stages of the building project are met. The QUEST Tool calculates the financial value add of different to specific building projects, while the QUEST data engine provides an iterative loop to collect where building data is continuously gathered, aggregated & statistically evaluated to widen and deepen the empirical evidence.