Benchmarking Objectives

Benchmarking objectives include a balanced approach to software development. This ensures that important project-related factors are considered.

The relative importance of every business factor can be given a priority rating (“weighting”).  This can change over time as the business recognizes areas that need improvement.

Each year the benchmark can be compared, with the ultimate goal of achieving best practice in all areas.

Often executive performance measure can include a specific benchmark rating, ensuring everyone is working towards a common goal.

Benchmarking chart

This is an example of how each area was rated (1-3).  You can see that customer satisfaction has been neglected in favour of cost-effective, on-time, on-budget delivery.

When applying the “weightings” the overall benchmark result would be 2.8 out of 3.0.  This would be compared year by year.  For this reason it is quite important to get the ratings correct at the beginning. However, if ratings, due to changes in business values, there is a reduction in the effectiveness of year-by-year comparisons.

Explore ISBSG Resources

Estimation

Accurate estimations are essential for the success of your project.

Explore >

Productivity

Determine the factors that impact your project’s productivity.

Explore >

Agile

Learn about productivity, estimation and team size in Agile.

Explore >

Benchmarking

Compare your project’s estimates to the best in the software industry.

Explore >

Maintenance & Support

A significant proportion of your IT systems’ budget may be spent on maintenance and support.

Explore >

Sizing

Learn about the importance of software size, as an important factor in estimating cost.

Explore >

Outsourcing

Discover how customer satisfaction, cost-effectiveness and quality can be maintained with outsourcing.

Explore >

Project Control

Learn about the factors that affect the schedule and budget of your project.

Explore >

ISBSG Partners

 
isbsg
ifpug
unison

ISBSG Limited

isbsg

(ABN 16 081 497 636)

ADDRESS

Ground Floor
470 St Kilda Road
Melbourne
Victoria 3004
Australia

Email: staff@isbsg.org

Subscribe to the ISBSG Newsletter

Find out about the latest news and events in the world of software metrics.

© Copyright – ISBSG 2024

Privacy Policy                       Disclaimer                    Terms and Conditions