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The Power of Development Benchmarking

Benchmarking, in a nutshell, is looking at your financial or business assumptions and comparing them against the current sector position. It’s an important process, because outdated assumptions (for example on inflation or build costs) can negatively impact the results of your scheme. To that end, it is imperative you check your assumptions year after year. Benchmarking helps you to: Make strategic management decisions and identify good practice Improve stakeholder communication, e.g. annual reports, VFM statements, national campaigning Ensure that you are in line with other organisations and the UK housing sector as a whole Stay competitive when bidding for land or section 106 agreements In this webinar, which took place on Wednesday, 26th July, 2023, Andrew Markham and John Stevens show you how to compare development performance with your peers to achieve best value for money and demonstrate continuous improvement.