Benchmarking the management of projects: a review of current thinking

Abstract : This paper discusses the strengths and weaknesses of benchmarking project management and the difficulties of analysing the competencies and skills of project managers. Research has shown vast differences in the performance between leading companies and average companies in performing particular activities. By benchmarking leading companies, many firms have experienced significant success in upgrading their organisational capabilities. This paper begins the process for benchmarking project managers in an endeavour to improve management performance of similar projects. As benchmarking can significantly improve the performance of managing companies, it is argued that by benchmarking project management significant improvements can be experienced in the performance of projects