The Benchmark control is used to associate your project data with data that has been captured against other projects. This is useful for comparative purposes, and can be configured to compare all projects, or those which meet specific comparable criteria.
Source of Data
Benchmark data is drawn from a number of sources, and encompasses your current project, and the data of other projects which have been completed. By default, the data is drawn from like for like comparable projects, e.g. those which belong to the same Sector, Project Type, Sector, and those which use the same chart of accounts for budgeting). Project Custom Fields and Metrics may also be used to help narrow down the number of projects presented for benchmark comparison.
Template View
The template view has no selections made by default. This will simply present the document author with a list of projects that matches the project that they are benchmarking. Typically this default setting will be the simplest option, though you may select options such as Metrics Chart of Accounts, if you intend creating numerous benchmark templates, per chart of accounts.
Benchmark Elements
Benchmark Projects
Document Edit View
The document author may choose to selectively show or hide specific projects. In the example below, two projects have been removed from view as they do not have relevant data. The author may also edit the column heading – e.g. they may rename NLA to be Net Lettable Area. Different, or multiple selections can be made to draw on more extensive metrics, charts of account, custom categories, etc.
Benchmark Elements
Benchmark Projects
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