Construction Benchmarking
Construction Benchmarking

Construction Benchmarking: Basic Fundamentals and the Five-Step Process

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The competitive setting in the construction industry is always getting heated. However, there’s still room for development and improvements. By observing competitors’ strategies or taking a critical look at the current performance, it will be easier to obtain insights for boosting productivity and profits. This process is commonly referred to as construction benchmarking.

Let’s begin understanding the concept and importance of construction benchmarking, including its fundamentals and its 6-step comprehensive process.

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