Best practice in benchmarking

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Details

Benchmarking for infrastructure projects, for example in the Case study: Benchmarking tunnelling costs and production rates in the UK, involves using data from other projects to better inform project development and decision making throughout a project’s lifecycle.

This document introduces the IPA’s recommended methodology for benchmarking and includes a step-by-step guide to undertaking, or commissioning, a benchmarking exercise. It sets out why sponsors and delivery bodies, such as Government Departments and Arm’s-Length Bodies (ALBs), and consultants and suppliers, could benefit from using benchmarking to improve project performance.

Contents:

• Best practice in benchmarking
• IPA benchmarking methodology – a summary
• Benchmarking. This section covers the who, what, why, and when of benchmarking
• IPA benchmarking methodology. Detailed step by step guide to implementing the methodology

There are 7 steps in the methodology, and the last section of the guidance includes tools, models and case studies to support implementation.

A benchmarking capability tool  accompanies this guidance, supporting organisations to measure and improve their benchmarking capability against industry best practice.

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Product Information

Delivery vehicle Delivery, Project

Practice Benefits Management, Planning and Control

Product type Workbooks and guides

Updates

1 March 2019

First published

15 July 2021

Updated