Price Benchmarking Toolkit

Save time, empower your teams and effectively upgrade your processes with access to this practical Price Benchmarking Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any Price Benchmarking related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Price Benchmarking specific requirements:

STEP 1: Get your bearings

Start with...


• The latest quick edition of the Price Benchmarking Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.


Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…


• Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation


Then find your goals...

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 990 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Price Benchmarking improvements can be made.

Examples; 10 of the 990 standard requirements:


1. How many current consumers of the product no longer participate in the market after increased costs to providers from regulation are passed on, at least in part, in the form of higher prices?
   
   

2. What set of objective benchmarks would you apply to a technology trade study to effectively evaluate whether it provided valuable decision support to a planned acquisition?
   
   

3. Are appropriate regulatory mechanisms, institutions and skills in place, if market mechanisms are insufficient to yield socially efficient prices and quality of product?
   
   

4. Does the procurement unit evaluate and benchmark its performance against other purchasers in areas as practices and procedures, prices paid and transaction costs?
   
   

5. Is the fiscal framework based on realistic projections of future resource and non resource revenues, including realistic price scenarios and proper modeling?
   
   

6. Does the regulation include minimum standards requirements that will reduce the range of price–quality combinations available in the market?
   
   

7. Does the regulation include minimum standards requirements that will reduce the range of price/quality combinations available in the market?
   
   

8. Is it possible to find the same advanced and cooperative buyer supplier relations when the exchanged product cannot be standardized?
   
   

9. When over time the augmentation is to be incorporated into the shared assets, at what price does the regulator include the assets?
   
   

10. Should the price changes for a trailing average cost of debt be passed through each year, or at the end of each regulatory period?
    
    


Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:


• The workbook is the latest in-depth complete edition of the Price Benchmarking book in PDF containing 990 requirements, which criteria correspond to the criteria in...


Your Price Benchmarking self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:


• The Self-Assessment Excel Dashboard; with the Price Benchmarking Self-Assessment and Scorecard you will develop a clear picture of which Price Benchmarking areas need attention, which requirements you should focus on and who will be responsible for them:
  
  


• Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix

• Gives you a professional Dashboard to guide and perform a thorough Price Benchmarking Self-Assessment

• Is secure: Ensures offline data protection of your Self-Assessment results

• Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:



STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Price Benchmarking projects with the 62 implementation resources:


• 62 step-by-step Price Benchmarking Project Management Form Templates covering over 1500 Price Benchmarking project requirements and success criteria:


Examples; 10 of the check box criteria:


1. Procurement Audit: Are criteria and sub-criteria set suitable to identify the tender that offers best value for money?
   
   

2. Initiating Process Group: Who supports, improves, and oversees standardized processes related to the Price Benchmarking projects program?
   
   

3. WBS Dictionary: Are all elements of indirect expense identified to overhead cost budgets of Price Benchmarking projections?
   
   

4. Project Schedule: What documents, if any, will the subcontractor provide (eg Price Benchmarking project schedule, quality plan etc)?
   
   

5. Responsibility Assignment Matrix: Are significant decision points, constraints, and interfaces identified as key milestones?
   
   

6. Requirements Documentation: Have the benefits identified with the system being identified clearly?
   
   

7. Requirements Management Plan: Is the system software (non-operating system) new to the IT Price Benchmarking project team?
   
   

8. Quality Management Plan: Can you perform this task or activity in a more effective manner?
   
   

9. Requirements Management Plan: Is it new or replacing an existing business system or process?
   
   

10. Issue Log: Do you often overlook a key stakeholder or stakeholder group?


 
Step-by-step and complete Price Benchmarking Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:


• 1.1 Price Benchmarking project Charter

• 1.2 Stakeholder Register

• 1.3 Stakeholder Analysis Matrix


2.0 Planning Process Group:


• 2.1 Price Benchmarking project Management Plan

• 2.2 Scope Management Plan

• 2.3 Requirements Management Plan

• 2.4 Requirements Documentation

• 2.5 Requirements Traceability Matrix

• 2.6 Price Benchmarking project Scope Statement

• 2.7 Assumption and Constraint Log

• 2.8 Work Breakdown Structure

• 2.9 WBS Dictionary

• 2.10 Schedule Management Plan

• 2.11 Activity List

• 2.12 Activity Attributes

• 2.13 Milestone List

• 2.14 Network Diagram

• 2.15 Activity Resource Requirements

• 2.16 Resource Breakdown Structure

• 2.17 Activity Duration Estimates

• 2.18 Duration Estimating Worksheet

• 2.19 Price Benchmarking project Schedule

• 2.20 Cost Management Plan

• 2.21 Activity Cost Estimates

• 2.22 Cost Estimating Worksheet

• 2.23 Cost Baseline

• 2.24 Quality Management Plan

• 2.25 Quality Metrics

• 2.26 Process Improvement Plan

• 2.27 Responsibility Assignment Matrix

• 2.28 Roles and Responsibilities

• 2.29 Human Resource Management Plan

• 2.30 Communications Management Plan

• 2.31 Risk Management Plan

• 2.32 Risk Register

• 2.33 Probability and Impact Assessment

• 2.34 Probability and Impact Matrix

• 2.35 Risk Data Sheet

• 2.36 Procurement Management Plan

• 2.37 Source Selection Criteria

• 2.38 Stakeholder Management Plan

• 2.39 Change Management Plan


3.0 Executing Process Group:


• 3.1 Team Member Status Report

• 3.2 Change Request

• 3.3 Change Log

• 3.4 Decision Log

• 3.5 Quality Audit

• 3.6 Team Directory

• 3.7 Team Operating Agreement

• 3.8 Team Performance Assessment

• 3.9 Team Member Performance Assessment

• 3.10 Issue Log


4.0 Monitoring and Controlling Process Group:


• 4.1 Price Benchmarking project Performance Report

• 4.2 Variance Analysis

• 4.3 Earned Value Status

• 4.4 Risk Audit

• 4.5 Contractor Status Report

• 4.6 Formal Acceptance


5.0 Closing Process Group:


• 5.1 Procurement Audit

• 5.2 Contract Close-Out

• 5.3 Price Benchmarking project or Phase Close-Out

• 5.4 Lessons Learned


Results

With this Three Step process you will have all the tools you need for any Price Benchmarking project with this in-depth Price Benchmarking Toolkit.

In using the Toolkit you will be better able to:


• Diagnose Price Benchmarking projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices

• Implement evidence-based best practice strategies aligned with overall goals

• Integrate recent advances in Price Benchmarking and put process design strategies into practice according to best practice guidelines


Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Price Benchmarking investments work better.

This Price Benchmarking All-Inclusive Toolkit enables You to be that person.

Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.