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Quick guideline for Project Benchmarking in the Construction Industry

Benchmarking is a powerful tool of project controls, which aims to improve project performance through a systematic approach. The last years it has gained a lot of attention in the Engineering and Construction (E&C) Industry since competition between E&C firms is constantly rising. Nevertheless, ambiguity regarding the process can lead to failed implementations and disappointing results. Therefore, we prepared a guideline for you, which describes the benchmarking process including key factors for successful implementations.