This guidance provides a summary of the purpose and process of both cost analysis and construction project benchmarking.

The document does not seek to cover every approach to cost analysis or benchmarking but looks at the subject areas from a practical aspect.

Guidance is given under the following headings which map to the Assessment of Professional Competence (APC):

  • General principles (Level 1: Knowing)
  • Practical application (Level 2: Doing)
  • Practical considerations (Level 3: Doing/Advising)

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