Interested in learning about Benchmarking? Check out the great information and database of projects available to you.
As our society learns to adapt to new technology, it has become increasingly important to be able to measure both our progress and our problems. In 2006, the Construction Owners Association of Alberta (COAA) embarked on the journey to answer the Alberta heavy construction industry’s need to start measuring their projects. The association has completed two reports comparing the performance of Alberta major projects to our southern neighbors; USA. In the second report that was released in 2015, it is highlighted that, on average, Alberta projects go over budget on construction by 25%, whereas USA projects on average, are only 2% over budget. This is just one small output of the report. If you are interested in knowing and reading more, please see the links below.
The need remains to be able to measure more often, how our industry is performing and more importantly, where we need to improve. To address this need, COAA and Construction Industry Institute (CII) out of Austin Texas, developed a database of projects and a way to compare the overall performance, as well as measure individual elements of a project.
Alberta Productivity Index – a balanced scorecard of 13 factors normalized into a single project rating of 0 to 100 (50 being the North American median)
- Owner team size
- Engineering work hours – productivity
- Engineering completeness and accuracy
- Indirect work hours
- Off-site module fabrication
- Indirect work hours
- Installation rates / field productivity of seven trades
This rating enables projects to assess their performance against the North American standard and to look at regional performance. Ultimately, this empowers the efforts toward our goal and common vision of ‘Twice as Safe, Twice as Productive by 2020’.
For a complete understanding of these critical elements toward improvement in our industry, please refer to the reports below, as well as COAA's Benchmarking 101 document.
- COAA – Benchmarking documents, presentations and information
- Alberta Report 1 – COAA Major Projects Benchmarking Summary
- Alberta Report 2 - COAA Major Projects Performance Assessment System
- COAA's Benchmarking 101 Document
- JWN's OilWeek Article on Benchmarking