I don't see the usefulness of such project. Correct me if I'm wrong. My thinking goes as such:
- if one needs to briefly check low to mid range DMMs then possibly the DMM Check or similar products are the way to go,
- for calibration, as someone mentioned already, dozens of calibration points are necessary, from DC to AC to current to ohms, for example just resistors required for my meters:
K2015 (K2000): 1k, 10k, 100k, 1M
K2001: 19k/20k, 1M
34401A: 100, 1k, 10k, 100k, 1M, 10M, 100M
3457A: 30, 300, 3k, 30k, 300k, 3M, 30M
that's a lot (15) of rather expensive resistors, that's why there are Fluke/Datron multifunction calibrators.
I see that RS will calibrate a bench meter for 62 GBP:
http://img-europe.electrocomponents.com/uk/img/site/campaigns/servicecentre/EMEA_0009_Calibration1-7-FINAL.pdfThat is cheaper than a DMMCheck Plus or building and shipping various gizmos. If one got a decent 6.5 digit meter for 200-300 GBP on eBay (typical prices for K2015 or 34401A) then 62 GBP is not that bad.
I'm not sure they do 6.5 digits (will be asking soon), but probably they do (they have 6ppm on 10VDC so that's probably a Fluke calibrator:
http://www.ukas.org/calibration/schedules/actual/0310Calibration%20Single.pdf)
So we've covered handhelds and bench meters up to 6.5 digits. For more serious stuff things get even worse, as calibrating 7.5 digit and higher requires very precise standards and often is only done properly by the manufacturer.
The only noble exception where this endeavour might make sense is HP 3458A, as it can calibrate itself from 10V and 10K. But in this case the travelling standard must be top-notch, on par with Fluke 732B and ESI SR-104 (maybe VHP101). I think forum users affluent enough to have 3458A would rather pay for Keysight calibration, maybe even the more expensive Loveland calibration against references tied to the Josephson Junction standard (0.014 ppm uncertainty on 10VDC).