Blog

Stay within time and budget with construction cost management softwareWhat is the difference between cost control and cost management?

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.