Types of Benchmarking
Benchmarking can be internal (comparing performance between different groups or teams within an organization) or external (comparing performance with companies in a specific industry ...
Benchmarking
Benchmarking is comparing one’s business processes and performance metrics to industry bests and best practices from other companies. In project management benchmarking can also ...
External Benchmarking
This involves comparing performance with that of other organizations. Organizations need to decide:
What activities or other dimension of the organization should be compared with others?
Who ...
Internal Benchmarking
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Most organizations monitor their own performance in order to identify change in key business activities over time. This ...
