Building a better and sustainable future: Benchmarking in the construction industry

Benchmarking helps facilitate better decision-making and provides a higher degree of predictability in terms of cost, scope, quality and timelines, enabling organisations to achieve better value in construction projects. The process becomes more relevant as companies continuously look for ways to improve their environmental impact and performance. Adopting a benchmarking approach allows companies to understand the impact of sustainable practices and approaches throughout the life cycle of the construction project. In this article, Linesight and RICS provide insights around the value of benchmarking and how the process can be implemented for construction projects.

Contents

Benchmarking insight from Linesight

RICS-recommended standards for benchmarking

Conclusion