Your Federal Quarterly Tax Payments are due April 15th Get Help Now >>

Toolkit TopManagaement by cJ70z5

VIEWS: 0 PAGES: 12

									                                             ®
                                              Construction
                                              Industry
                                              Institute




                                      PROJECT
                                  BENCHMARKING
                                       WITH CII



                               Why Is Benchmarking
                             Important For Company X?
Last update: March 1, 2007
         Benchmarking With CII

“Dupont   CEO Chad Holliday will not sign off on a
 project unless I sign off on it, and I will not sign
unless CII Best Practices have been implemented ”
                    -James B. Porter Jr.-
    Dupont’s Vice President of Engineering and Operations
        What’s In Benchmarking For
                Company X ?

• Benchmarking Measures The Impact Of Best
 Practices on Project Performance

• CII’s Project Database is Robust and Diverse

   CII Benchmarking database consists of
    over 1560 Projects

   Projects are valued at > $72 Billion
   The Benefits of Benchmarking


Early Project Setup/Planning
                                   Project Engineering & Construction
                                                                        Project Close-out


                               Project Life Cycle




                                            -Bob Herrington, Jacobs-
        How Do We know?

CII History

  Chartered by the CII BOA in Nov 1993

   First Committee Meeting in Feb 1994

   First Data Collection in 1996

   Developed On-Line Questionnaire in 1999
     Why Use External benchmarking?


Benchmarking Objectives
   Provide The Industry With Performance Norms

   Act As An Impartial Confidential Venue For The Transfer Of
    Knowledge Between Competitors

   Discourage Harmful Practices Such As Bid Rigging Among
    Competitors

   Measure The Use Of Selected Best Practices

   Quantify The Value Of Best Practices

   Provide Member Companies Tools For Self-analysis
 Benchmarking - An Iterative Process

                 Company
          Continuous Improvement
                 Program




CII Knowledge
                              Benchmarking
     Base
                                & Metrics
 & Training



                    CII
                  Research
Benchmarking as Part of the Continuous
       Improvement Cycle31


                   Implement
                  Best Practices
      Conduct
      Training                             Measure
                                           Results



    Select
Implementation                              Compare to
     Tools                                 Competition/
                                          Company Trends


                 Identify Opportunities
                       to Improve
 Whose buy-in is needed to make the
          process work?

• Senior Management

• Benchmarking Associate

• Project Management

• CII Staff & BM&M Committee
        CII Benchmarking & Metrics Road Map
                                                              Company Benchmarking         CII Staff, Account Mgrs.
 Company Leadership               Project Managers                                               & Committee
                                                                   Associate

Decision / Commitment                                                                           Develop/Improve
to Benchmark as Basis                                                                          Metrics, Processes,
    for Improvement                                                                           Policies & Procedures
                                                                    Responsible for
                                                                    Benchmarking
                                                                     Coordination                   Develop Data
                                                                                               Collection & Reporting
                               Responsible for Project                                                  Tools
                                  Benchmarking &
                                   Improvement

                                                                         Conduct Training & Feedback Sessions


        Select Projects for Analysis & Preload/Initiate Project in CII Database


                              Complete Questionnaire
                                 During Project
                                   Execution                                                    Perform Validation
                                                               Validate Questionnaires         Checks, Run Analysis
                                                                                                & Generate Reports
                                 Review and Act on
                                 Interim CII On-line
                                 Recommendations
                                                                      Release                    Provide Input to
                                                                 Questionnaire to CII              Research &
                                Complete & Submit                                                Implementation
                              Questionnaire at Project
                                     Close-out

                  Perform Self-Analysis & Develop Improvement Plan
   Levels Of Use Of The Benchmarking
                 System




                 Improve Efficiency Of Overall Project System

               Improve Efficiency Of A Business Unit

Improve Performance Of A Single Project Or A Group Of Projects


Improve Selected Performance Metrics (E.g. Productivity)
                   Now What…?

Develop a Path Forward
  • Set A Policy On Benchmarking
  •   Train Benchmarking Associates

  • Train Process Managers

  • Improve Project Sample Selection Techniques

  • Document Results And Lessons Learned For Continuous Improvement

  •   Communicate Results To All Stake Holders– Results Have To Permeate
      All The Levels Of An Organization For Any Tangible Improvement To
      Take Place

								
To top