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BenchMarking-1
Definition
• Standard, or a set of standards, used as a point
of reference for evaluating performance or level
of quality.
• Benchmarks may be drawn from a firm's
own experience, from the experience of other firms
in the industry, or from legal requirements such as
environmental regulations.
In Order to improve the
performance of a project - using the
management lessons learnt from
projects with better performance.
Benchmarking is an efficient tool
which makes significant improvement
to performance by following better
ones.
BenchMarking-2
• A measurement of the quality of
an organization's policies, p
roducts, programs, strategies,
etc., and Their comparison
with standard measurements ,
or similar measurements of its
peers.
BenchMarking - 3
Benchmarkin -4
• The objectives of benchmarking are
• to determine what and
where improvements are called for,
• to analyze how other organizations achieve
their high performance levels, and
• to use this information to improve
performance.

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Bench Marking

  • 1.
  • 2. BenchMarking-1 Definition • Standard, or a set of standards, used as a point of reference for evaluating performance or level of quality. • Benchmarks may be drawn from a firm's own experience, from the experience of other firms in the industry, or from legal requirements such as environmental regulations.
  • 3. In Order to improve the performance of a project - using the management lessons learnt from projects with better performance. Benchmarking is an efficient tool which makes significant improvement to performance by following better ones. BenchMarking-2
  • 4. • A measurement of the quality of an organization's policies, p roducts, programs, strategies, etc., and Their comparison with standard measurements , or similar measurements of its peers. BenchMarking - 3
  • 5. Benchmarkin -4 • The objectives of benchmarking are • to determine what and where improvements are called for, • to analyze how other organizations achieve their high performance levels, and • to use this information to improve performance.