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Asset Management Manual
A guide for practitioners!
The purpose of benchmarking is to compare the organization’s own asset management practices against those of a selection of similar organizations, but it is important that the comparison takes into account the organization’s overarching context and circumstances. Benchmarking should be seen as a positive and proactive process whereby an organization assesses how it performs activities in comparison to other organizations.
Four approaches to benchmarking may be considered, each of which provides a different perspective: