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Quantity of data – industry’s widest source of data by type of projects, level of detail and location of projects. |
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Quality of data – information directly from contractors project experiences. |
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Breadth of data – major contractors providing cost data to a single source. |
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Flexibility of data – provided to JIP Participants in formats which facilitate entering into internal systems; data |
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available in detail or summary form. |
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A primary source of data or an independent check on internal and other external sources. |
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Fills data gaps – items or geographic – which internal sources cannot provide. |
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Single central effort reduces JIP Participant data collection costs. |
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Communicate historical industry cost trends and conditions within JIP Participant companies. |
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