This powerpoint presentation begins by providing a brief overview of a multi-agency benchmarking program. It was designed to address key participant issues by:
establishing a performance baseline for
project delivery;
determining how to evaluate performance
relative to baseline (KPIs); identify key activities that drive performance; and,
identify best practices relative to
performance drivers (BMPs). Traditional perspectives on the efficiency of
capital projects are presented, along with
initial analyses and results, and
development of improved key performance
indicators (KPIs). Presentation conclusions indicate that there are still some weaknesses with the
new regression model, including:
full, consistent cost accounting by different agencies
difficult to achieve;
ignores cost-benefit trade-offs of decisions made over
project lifecycle;
vulnerable to price volatility;
easy to manipulate data to produce desired results; difficult to collect data on enough projects for
statistical significance;
construction cost is not a consistently strong
explanatory factor; and,
other, unknown explanatory factors may also be
important.
| Edition : | Vol. - No. |
| File Size : | 1
file
, 2 MB |
| Note : | This product is unavailable in Ukraine, Russia, Belarus |
| Number of Pages : | 27 |
| Published : | 11/01/2009 |
