Asset Management Features

Extrapolation or Cloning

If you are like most social landlords, you do not have the luxury of owning stock condition data for ALL of your stock. So, how do you report whole stock costs, decency and quality when you only have partial data? Keystone is unique in the range of options that it offers in this respect - from simple cloning to progressive extrapolation. The choice is yours - and we make sure you make an informed choice as part of implementation.

Cloning, as most people know, involves copying stock condition data from surveyed assets to those that have not been surveyed. Hence you have a fully populated database, with survey data recorded for every asset - even though, of course, a significant amount of the data is not ‘real’.

An extrapolated database typically only contains ‘real’ data - assets that have not been surveyed will not have associated stock condition data. When the system produces reports, it mathematically multiplies the costs calculated for the surveyed assets, to give an indication of estimated costs for the whole stock. Assets that have not been surveyed will be assigned a likelihood or probability of requiring works, rather than the apparent certainty suggested by a cloned database. Keystone’s unique progressive extrapolation option takes the mathematics a step further by taking into account all of the ‘real’ stock condition data associated with un-surveyed assets - data that has typically come from actual events, such as completed works, rather than surveys - and hence making cost, decency and quality calculations ever more accurate.