Benchmarking in the construction industry - Revision history

Designing Buildings at 07:20, 30 September 2021

2021-09-30T07:20:15Z

← Older revision		Revision as of 07:20, 30 September 2021
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	* Acceleration of construction works.		* Acceleration of construction works.
	* Additionality.		* Additionality.
		+	* Baseline.
	* Benchmarking as business tool.		* Benchmarking as business tool.
	* Best practice.		* Best practice.

Editor at 09:41, 7 June 2021

2021-06-07T09:41:31Z

← Older revision		Revision as of 09:41, 7 June 2021
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	* Earned value analysis.		* Earned value analysis.
	* Estimate.		* Estimate.
		+	* FM Navigate.
	* Identifying the causes of trends in construction labour productivity.		* Identifying the causes of trends in construction labour productivity.
	* Key performance indicators.		* Key performance indicators.

Designing Buildings: moved Benchmark to Benchmarking in the construction industry

2020-12-17T08:01:21Z

moved Benchmark to Benchmarking in the construction industry

← Older revision

Revision as of 08:01, 17 December 2020

Designing Buildings at 08:00, 17 December 2020

2020-12-17T08:00:50Z

← Older revision		Revision as of 08:00, 17 December 2020
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	* [http://constructingexcellence.org.uk/kpis-and-benchmarking/ Constructing Excellence, KPIs and benchmarking]		* [http://constructingexcellence.org.uk/kpis-and-benchmarking/ Constructing Excellence, KPIs and benchmarking]

−	[[Category:Client_procedures]] [[Category:Construction_management]] [[Category:Construction_techniques]] [[Category:Cost_/_business_planning]] [[Category:Design]] [[Category:Procurement]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Client_procedures]] [[Category:Construction_management]] [[Category:Construction_techniques]] [[Category:Cost_/_business_planning]] [[Category:Design]] [[Category:Procurement]]

Editor at 17:59, 29 April 2020

2020-04-29T17:59:15Z

← Older revision		Revision as of 17:59, 29 April 2020
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	* Time management of construction projects.		* Time management of construction projects.
	* Value management techniques.		* Value management techniques.
		+	* Vested outsourcing.
	* Whole-life costs.		* Whole-life costs.

Editor at 11:50, 27 April 2020

2020-04-27T11:50:14Z

← Older revision		Revision as of 11:50, 27 April 2020
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	* Benchmarking as business tool.		* Benchmarking as business tool.
	* Best practice.		* Best practice.
		+	* BS EN 15221.
	* Business case.		* Business case.
	* Carbon Buzz.		* Carbon Buzz.

Designing Buildings at 11:19, 24 September 2019

2019-09-24T11:19:23Z

← Older revision		Revision as of 11:19, 24 September 2019
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	Proposals are being considered that will see cost benchmarking carried out across all government capital programmes to create baselines for a cost/value-led approach to procurement.		Proposals are being considered that will see cost benchmarking carried out across all government capital programmes to create baselines for a cost/value-led approach to procurement.
		+
		+	For more information see: Project benchmark.

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

Designing Buildings at 11:17, 24 September 2019

2019-09-24T11:17:49Z

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−	A benchmark is a pre-determined standard or point of reference against which other things, people, costs, time or activities can be measured. It is regarded as ~~a minimum~~ achievable standard which a failure to achieve could deem the work in question to be unsatisfactory~~, inferior, outdated or wrong~~.	+	A benchmark is a pre-determined standard or point of reference against which other things, people, costs, time or activities can be measured. It is regarded as an achievable standard which a failure to achieve could deem the work in question to be unsatisfactory.

−	In any industry, a benchmark can constitute a method of instigating best practice and is usually designed to lead to ~~increased efficiency and~~ higher standards.	+	In any industry, a benchmark can constitute a method of instigating best practice and is usually designed to lead to higher standards.

−	On ~~the~~ construction site, a physical benchmark can be represented by a mark, whether on a concrete post set into the ground or some other permanent marker indicating a site datum to which all vertical levels and elevations will relate to. It is the point of reference that surveyors use for levelling and on which drawings by architects, engineers, contractors and subcontractors are based.	+	NB On a construction site, a physical benchmark can be represented by a mark, whether on a concrete post set into the ground or some other permanent marker indicating a site datum to which all vertical levels and elevations will relate to. It is the point of reference that surveyors use for levelling and on which drawings by architects, engineers, contractors and subcontractors are based. The Ordnance Bench Mark is an officially established mark that links back to the Ordnance Datum – a theoretical level zero which is assumed to be the mean sea level at Newlyn, Cornwall. From this base point, all Ordnance Survey heights above sea level (such as contours) are related, as are geologic surveys and tidal observations.
−		+
−	The Ordnance Bench Mark is an officially established mark that links back to the Ordnance Datum – a theoretical level zero which is assumed to be the mean sea level at Newlyn, Cornwall. From this base point, all Ordnance Survey heights above sea level (such as contours) are related, as are geologic surveys and tidal observations~~. The term benchmark also lends it name to ‘project benchmarking’~~.	+

	= Project benchmarking =		= Project benchmarking =

−	~~Benchmarking~~ is a process by which the estimated performance (~~often~~ cost) of a project is compared to other similar projects. This can highlight areas of design that are not offering good value for money and can help in the assessment of tenders from suppliers and contractors.	+	Project benchmarking is a process by which the estimated performance (such as cost) of a project is compared to other similar projects. This can highlight areas of the design that are not offering good value for money and can help in the assessment of tenders from suppliers and contractors.

−	Some websites allow construction professionals to benchmark their projects’ performance against construction industry standards generally. This system ~~uses~~ the nationally-recognised Constructing Excellence construction KPIs – a system of benchmarks used for performance measurement and productivity. By measuring and comparing a project ~~and~~ organisational performance it is possible to improve ~~productivity and~~ demonstrate excellence.	+	Some websites allow construction professionals to benchmark their projects’ performance against construction industry standards generally. This system may use the nationally-recognised Constructing Excellence construction KPIs – a system of benchmarks used for performance measurement and productivity. By measuring and comparing a project or organisational performance against these benchmarks it is possible to identify areas in which it is possible to improve or to demonstrate excellence.

−	Benchmarking is increasingly ~~being~~ carried out on public projects, ~~where~~ the government has access to large amounts of ~~cost~~ data for similar projects. For example, when analysis of the ~~recent schools’~~ programme was carried out, it ~~was found that it '...~~ exposed variations in costs that could not be justified by project differences~~' (ref. Cabinet Office: Government Construction Strategy, May 2011)~~.	+	Benchmarking is increasingly carried out on public projects, as the government has access to large amounts of data for similar projects. For example, when analysis of the Buildings Schools for the Future programme was carried out, it exposed variations in costs that could not be justified by project differences.

	Proposals are being considered that will see cost benchmarking carried out across all government capital programmes to create baselines for a cost/value-led approach to procurement.		Proposals are being considered that will see cost benchmarking carried out across all government capital programmes to create baselines for a cost/value-led approach to procurement.

Editor: Created page with "A benchmark is a pre-determined standard or point of reference against which other things, people, costs, time or activities can be measured. It is regarded as a minimum achievab..."

2019-08-12T17:33:58Z

Created page with "A benchmark is a pre-determined standard or point of reference against which other things, people, costs, time or activities can be measured. It is regarded as a minimum achievab..."

New page

A benchmark is a pre-determined standard or point of reference against which other things, people, costs, time or activities can be measured. It is regarded as a minimum achievable standard which a failure to achieve could deem the work in question to be unsatisfactory, inferior, outdated or wrong.

In any industry, a benchmark can constitute a method of instigating best practice and is usually designed to lead to increased efficiency and higher standards.

On the construction site, a physical benchmark can be represented by a mark, whether on a concrete post set into the ground or some other permanent marker indicating a site datum to which all vertical levels and elevations will relate to. It is the point of reference that surveyors use for levelling and on which drawings by architects, engineers, contractors and subcontractors are based.

The Ordnance Bench Mark is an officially established mark that links back to the Ordnance Datum – a theoretical level zero which is assumed to be the mean sea level at Newlyn, Cornwall. From this base point, all Ordnance Survey heights above sea level (such as contours) are related, as are geologic surveys and tidal observations. The term benchmark also lends it name to ‘project benchmarking’.

= Project benchmarking =

Benchmarking is a process by which the estimated performance (often cost) of a project is compared to other similar projects. This can highlight areas of design that are not offering good value for money and can help in the assessment of tenders from suppliers and contractors.

Some websites allow construction professionals to benchmark their projects’ performance against construction industry standards generally. This system uses the nationally-recognised Constructing Excellence construction KPIs – a system of benchmarks used for performance measurement and productivity. By measuring and comparing a project and organisational performance it is possible to improve productivity and demonstrate excellence.

Benchmarking is increasingly being carried out on public projects, where the government has access to large amounts of cost data for similar projects. For example, when analysis of the recent schools’ programme was carried out, it was found that it '... exposed variations in costs that could not be justified by project differences' (ref. Cabinet Office: Government Construction Strategy, May 2011).

Proposals are being considered that will see cost benchmarking carried out across all government capital programmes to create baselines for a cost/value-led approach to procurement.

= Related articles on Designing Buildings Wiki =

* Acceleration of construction works.
* Additionality.
* Benchmarking as business tool.
* Best practice.
* Business case.
* Carbon Buzz.
* Cash flow statement.
* Construction project.
* Demonstration project.
* Design review.
* Design quality.
* Earned value analysis.
* Estimate.
* Identifying the causes of trends in construction labour productivity.
* Key performance indicators.
* Pareto analysis.
* Practice.
* Productivity in construction: Creating a framework for the industry to thrive.
* Public sector comparator.
* Time management of construction projects.
* Value management techniques.
* Whole-life costs.

= External references =

* [https://www.gov.uk/government/publications/government-construction-strategy Government construction strategy, Page 11.]
* [http://constructingexcellence.org.uk/kpis-and-benchmarking/ Constructing Excellence, KPIs and benchmarking]

[[Category:Client_procedures]] [[Category:Construction_management]] [[Category:Construction_techniques]] [[Category:Cost_/_business_planning]] [[Category:Design]] [[Category:Procurement]]