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Group IIIAnjali Rathore(08 PG 287) J. Mrudula(08 PG 311)Nutan Prasad(08 PG 322)
BENCH MARKING
 
Time
     P   e    r     f   o    r   m   a    n   c    e 
  E  x  p e c  t a  t  i o  n s
 C o n t i n u o u s  I m p r o v e m e n t
Performance Gap
 
Introduction
 Benchmarking is the process of comparing the cost, cycle time, productivity, or quality of a specific process or method toanother that is widely considered to be an industry standard or best practice.
 Benchmarking is the process of continually searching for thebest methods, practices and processes, and either adopting or adapting their good features and implementing them to becomethe “best of the best.”
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