Benchmarking in Project Management

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As a business term, Benchmarking is the series of actions in order to compare one's business key metrics and distinct processes, to other businesses that perform similar activities and have a leading role in the world market. Benchmarking is mainly used so that the company gains valuable information in pursuance of improving its performance and, as a natural outcome, to increase its competitiveness.

This article will delve into the different types of benchmarking, analyze the trend of benchmarking in project management and identify the challenges of

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