Transcription of Best Practice in Benchmarking - GOV.UK
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Best Practice in Benchmarking - GOV.UK
Best Practice in Benchmarking1 Best Practice in BenchmarkingReporting to Cabinet Office and HM TreasuryGovernment Project Delivery FrameworkBest Practice in Benchmarking21205 ForewordBenchmarking12 What is Benchmarking ?13 Why do we need benchmarks?15 Who should benchmark?15 When to benchmark?20 Challenges to benchmarking20 The sourcing Playbook21 Should Cost Modelling2306 Best Practice in benchmarkingIPA Benchmarking Methodology23 Introduction23 Top-down benchmarking24 Step 1: Confirm the project objectives and set the metrics27 Step 2: Break the project into major components for benchmarking28 Step 3: Develop templates for data gathering31 Step 4: Scope sources and gather data34 Step 5: Validate and re-base the data37 Step 6: Produce and test the benchmark figure38 Step 7: Review and repeat, if necessary, before using data for benchmarking09 IPA Benchmarking Methodology a summaryContentsBest Practice in Benchmarking339 Summary40 Annex A.
20 The Sourcing Playbook 21 Should Cost Modelling 23 06 Best practice in benchmarking IPA Benchmarking Methodology 23 Introduction 23 Top-down benchmarking 24 Step 1: Confirm the project objectives and set the metrics 27 Step 2: Break the project into major components for benchmarking 28 Step 3: Develop templates for data gathering
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