Tape measure
Performance measurement is carried out by employing Key Performance Indicators (KPIs). KPIs are central to Constructing Excellence’s activities, enabling all those in the construction supply chain to establish how they are performing on projects, as a business, and on a wide range of government agendas such as Sustainability, Better Public Buildings, Respect for People and Community Benefit.
The use of KPIs as an effective performance measurement system is well established in other industries but it is only in the last few years that the construction sector has looked to employ them. In that time, construction related organisations have benefited from using KPIs and have realised what a powerful tool they are. KPI have allowed organisations to benchmark with the rest of the construction industry those issues that are critical to the success of projects and organisations. Increasingly, KPIs are being utilised by both public bodies and the private sector in the drive to achieve continuous improvement. The public sector is being driven by policy to deliver cashable and non-cashable benefits from measured performance. The private sector gain is both in profitability and competitive market advantage.
