2016 Value of CII Best Practices Report
Publication No
PAC2016-4
Type
Research & Development Product
Publication Date
Nov 01, 2016
Pages
51
Research Team
BM-VBP
DOCUMENT DETAILS
Abstract
Key Findings
Filters & Tags
Abstract
This report adds to the body of knowledge that addresses the value of Best Practices, which includes the 2003 and the 2010 Value of Best Practices reports. Different from previous editions, this report was based on data collected through the CII 10-10 Program, a novel way to assess the performance of projects and their organizations. The 10-10 data allowed the analysis to address the value of 10 of the 17 Best Practices in specific project phases. Therefore, results are provided per project phase rather than in terms of overall project performance.
This report aimed to address two questions:
- Which practices presented the highest/lowest level of implementation in each phase?
- Which practices presented significant impacts on phase cost and schedule?
In terms of positive impacts on project phases, the report findings indicate that organizational practices, more specifically, Team Building and Alignment, provided significant benefits across several project phases. Despite its low scores, Materials Management provided positive impacts in several phases, including improved Engineering and Construction cost and schedule growth. The report also identified a number of practices that significantly improved front-end planning results, assessed in terms of PDRI score, including Team Building, Alignment, Constructability, Planning for Startup, and Project Risk Assessment.
While the present report advanced the understanding of the impact and value of CII Best Practices, CII should and will continue to investigate such impacts, in order to ultimately demonstrate the far-reaching benefits of these practices.
Key Findings
The 2016 Value of Best Practice Report focuses on the impact of practices on phase outcomes (as opposed to overall project outcomes). The study was based on data collected for the CII 10-10 Program. Figures 33 and 34 show that organizational practices (team building and alignment) were associated with better phase outcomes (cost and schedule growth), across several phases. Other practices also found to have significant association with better phase outcomes include materials management, risk assessment, and quality management. (PAC2016-4, p37)
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Filters & Tags
Knowledge Area
Best Practice
Project Phase
Project Function
Industry Group
Research Topic
Benchmarking & Metrics Value of Best Practices
Keywords
Best practices,
Project performance,
Metrics,
Best practice impact,
VBP
