FAQ
WHAT IS KIREGISTRY?
KiRegistry is a free integrated ecosystem for the Built Environment that allows "buyers" and "sellers" to collaborate in real-time to save time and money on projects while reducing carbon impact. KiRegistry has three primary advantages to help you: 1. Mitigate project capital and completion risk by 20-30%. 2. Reduce carbon impact by up to 15% with geolocation provenance and our global product library. 3. Protect and monetize your data asset management (DAM) strategy.
WHAT DOES KIREGISTRY COST?
Membership is free. As we capture your avoided costs and pass on the savings to you, Covenantz receives a project disbursement fee. As a result, the ROI to project sponsors is significant, while fees during construction are a marginal investment that pays for itself. Sign up now and begin designing and creating your project. Then, once your project is ready to go to permits, you can engage our premium services for a small percentage of your project disbursements.
HOW DO I GET STARTED?
Sign up for your free account to start or locate your project. Anyone can create a profile. Invite your team to collaborate. Begin designing and planning.
HOW DOES ERM WORK OR IMPACT PROJECT DELIVERY TO OUR GLOBAL CLIENTS?
Our platform drives results and delivers Enterprise Risk Management ("ERM") with three pillars: ​ 1. Risk Management 2. Resource Management 3. Exchange Rate Mechanisms Through our proprietary processes, these integrated pillars enhance time compression, project acceleration, and increased profitability for all stakeholders.Â
HOW DOES KIREGISTRY HELP ME WITH MY DIGITAL DATA ASSET MANAGEMENT (DAM)?
We create data-driven project/portfolio value for your organization. A typical company harvests your data for their exclusive use and economic benefit – you as the user and your project data assets are the actual commodity. KiRegistry is changing that dynamic forever. KiRegistry offers its members a more balanced economic experience. Data Asset Management (DAM) is acquiring, tracking, utilizing, optimizing, and creating leverage and value for your physical and digital assets. Data in all forms are your Gold, and it needs to be secure, which is why KiRegistry has partnered with Amazon to create assets for our members. Our architecture and development partnerships protect, preserve, and enhance your data – one of your most critical assets -- creating immediate project delivery economies and data-enabled revenue enhancement opportunities for your enterprise. In addition, we govern and protect Member data and enable our members to monetize their data across the KiRegistry ecosystem, evolving user experience and value based on the entirety of KiRegistry members.
WHO OWNS AND MONETIZES DATA ON KIREGISTRY?
The bottom line is – YOU do. KiRegistry creates insights for your near, intermediate, and longer-term portfolio investment decisions. You always own and control your valuable project data. KiRegistry helps you understand, manage, and harvest its value with data security confidence.
KIREGISTRY STORES MEMBER DATA. HOW DO WE KNOW IT IS SECURE?
Our ecosystem is built on Amazon Web Services ("AWS") and incorporates Amazon's highest degree of data security and its perpetual evolution. AWS is our strategic partner, providing our members the confidence to securely run their businesses with the most flexible and secure cloud computing environment.
WHAT IS AID PLEDGE?
KiRegistry allows our members to geolocate their resources and pledge services anywhere in the world. When disaster strikes, our members can pledge resources and supplies through the geolocation tool, informing emergency responders, government entities, and corporations so they may respond more promptly and efficiently.
WHAT ARE THE KIREGISTRY CARBON BENEFITS?
KiRegistry is a global ecosystem for the Built Environment. Our project library allows members to geolocate and quantify materials and supply chains. This process may reduce project carbon impacts by up to 15%.
HOW DOES KIREGISTRY CREATE VALUE FOR MEMBERS?
Our members are all part of the world's largest interconnected industry – the Built Environment. We are builders, creators, company owners, and policymakers. We are architects, engineers, contractors, financiers, public-private partnerships, bankers, suppliers, and manufacturers. KiRegistry provides a collaborative, transparent ecosystem to enhance portfolio performance, resulting in lower carrying costs for their projects.
WHAT IS REQUIRED TO PARTICIPATE IN AND UPLOAD A PROJECT?
As an ecosystem member, your project manager will define and invite team members to provide upload and access privileges based on individual project specifications, portfolio, and commercial requirements. In addition, the KiRegistry AI and ML engine will monitor and inform your team on identifying and managing risk and creating more real-time project value. KiRegistry enables its members to empower teams and participants to drive value into projects and portfolios on an enterprise and global scale.
ARE THERE STANDARD PROJECT TEMPLATES FOR OUR TEAM TO USE?
KiRegistry has integrated the following internationally accepted and accredited templates for our members based on project/investment size and requirements: Master 100, Master 50, Master 16, Title 17, Title 24, Master British.
CAN WE GET A TOUR ON HOW TO USE KIREGISTRY?
We intend to have an easy-to-follow guided tour or information app to orient new members. We encourage members to explore and begin project creation. If you continue to have questions or prefer a tour, please contact us, and we can schedule a guided tour spanning project and portfolio integration, data, and network logic requirements.
WHAT DOES OUR TEAM NEED TO KNOW FOR MAXIMUM VALUE CREATION?
KiRegistry members are industry-savvy and highly competent participants in the Built Environment. We are educating, training, and growing the next generation of industry leaders through governance, order, organization, and transparency spanning significant elements of a project or portfolio to support the following: ​ -Ideation, specification, and entitlements -Architecture and engineering -Material specifications -Supply management and logistics -Financing, insurance, and risk management -Contractor and subcontractor management -Quality control, assurance, and inspection -Closeout and owner acceptance -O&M and repair/replacement quantification -Incorporation into overall project and portfolio pro forma financials ​The KiRegistry AI/ML engine will transform your next corporate and leadership development level for corporate sustainability and growth.
WHAT IF WE ALREADY HAVE PROJECT MANAGEMENT PRODUCTS OR TOOLS?
We know you have invested in niche and project-specific/enabling products. We will help you integrate and optimize your prior investments within the KiRegistry ecosystem. Our members have made investments that are not fully amortized, sitting on balance sheets, and employees enjoy the customer experience. We are not a Fieldwire, Procore, Buildertrend, Autodesk, or Trimble -- or any of the connected construction accounting systems, as they only operate within one silo and its subsets. KiRegistry will help you continue to create leverage from prior investments through API and data integration. KiRegistry is a holistic cross-industry solution. In partnership with participating solution providers, our technology enables your project/program delivery integration through Application Programming Interfaces ("APIs"). Upon API of your existing and net-new solutions, the KiRegistry proprietary AI and ML technologies inform you of opportunities to reduce risk in near real-time, reducing latencies and creating value for you, your investors, and end-users.
WHAT IS THE UNDERLYING WEB DEVELOPMENT TECHNOLOGY FOR SUSTAINABILITY AND LONGEVITY?
KiRegistry is built on a scalable and economical web development platform for immediate and sustainable application purposes. Contact us for additional technical and commercial information on how to connect (API) to the KiRegistry marketplace.
MY COMPANY HAS PARTICIPATED IN OTHER API ENABLED NETWORKS. HOW DOES KIREGISTRY COMPARE ECONOMICALLY?
KiRegistry ecosystem participants should anticipate an API integration cost of aproximately 25% of the typical initial investment and ongoing annual fees subject to price inflator adjustments compared to other companies and similar transactions.
WHAT IS THE RELATIONSHIP BETWEEN KIREGISTRY AND COVENANTZ?
KiRegistry is owned and powered by Covenantz. KiRegistry is a free integrated ecosystem for the Built Environment powered by Covenantz technologies. Members can begin, design, collaborate and specify for free. Once a project is ready for permitting, members may engage our project management services for a small fee of total project disbursements. The Covenantz AI and ML engine tracks in real-time to notify members of project risks and opportunities and enables optimization of project delivery economies.
WHAT IS THE PROCESS FOR ONBOARDING NEW OR EXISTING MEMBERS?
KiRegistry provides new members an online tutorial introducing the platform, ecosystem, and member data, including participating individuals and their roles in successfully implementing and delivering business value. In addition, new members may choose from the following: ​ 1. A self-guided online tutorial for onboarding an individual project or portfolio of projects, 2. Or personalized consulting support for initial project onboarding and training purposes. ​ Our shared objective is to accelerate value creation in the Built Environment. Our onboarding approach creates sustainable and repeatable member value, including developing member managerial and project delivery talent. ​ In addition, KiRegistry reporting available to its members will include the following: 1. Visibility into the ecosystems associated with their projects and portfolios, 2. Visibility into opportunities based on the participation of other members, 3. Member contact information upon receipt of approval by both members.
WHAT PART OF THE PLATFORM INTEGRATES DIGITAL CONTRACTS?
Contract covenant management is not yet available for direct onboarding since legal contracts have many local, national, and international legal variables that drive outcomes. The intended deliverables and agreement outcomes must be carefully analyzed and customized to produce the intended results. Unfortunately, digital contracts must undergo NLP review before onboarding our ML/AI engine. It is not a one size fits all model regarding time compression. Our team is here to help you achieve the best results possible. Covenantz is working to allow user contract onboarding along with contract edits in the following platform release. Additionally, as described above, KiRegistry plans to offer both self-guided and personalized onboarding services.
DID WE MISS SOMETHING?
Please contact us if you have a question that is not addressed here or need more information. Your experience is paramount to our mutual success. We are listening – and appreciate your contribution!