- Project plans
- Project activities
- Legislation and standards
- Industry context
Last edited 11 May 2015
Benchmarking as business tool
To help develop this article, click 'Edit this article' above.
- Financial performance indicators.
- Day-to-day management systems.
- Business development.
- Human resources issues.
The RIBA provides a benchmarking service based on an annual survey of the UK architect’s profession. This annual benchmarking survey provides vital business knowledge about how a practise compares to others across a broad spectrum of criteria. Practises are able to make comparisons with the average data provided for practises of similar size, type and region. This allows them to identify areas of strength weakness and opportunity, and to develop a strategy that aims for improvements on a yearly basis.
Benchmarking is also a process that takes into consideration the estimated performance of a project and if costs are been compared, can highlight areas of design that do not offer good value for money. It can also aid in the assessment of tenders from suppliers and contractors, creating a baseline for a cost/ value led approach to procurement. For more information see project benchmarking.
 Find out more
 Related articles on Designing Buildings Wiki
Featured articles and news
Building acoustics is the science of controlling noise in buildings. Read our introductory article here.
ICE President Robert Mair delivers inspiring message to engineers at opening ceremony.
A form of procurement where the contractor provides a single point of contact for a supply chain.
A month after the devastating fire, emergency reconstruction works are underway.
The London Build Expo is hosting a Diversity in Construction panel and networking session on October 24.
Analysis can help develop a specification, but must not lead to inappropriate specifications being accepted.
Dos and don'ts for creating a smart home.
New ICE publication recommends pay-as-you-go tax to fund roads and other financing options.
BSRIA launches a White Paper on wearable technology and wellbeing in buildings.