Question

What is benchmarking in software project management?

Answer 1

Project Management Benchmarking - Part 1. As defined in Wikipedia, Benchmarkingis the process of comparing one's business processes and performance metrics to industry bests and/or best practices from other industries. Dimensions typically measured are quality, time and cost.

Answer 2

Software industry has lot to do with quality and TAT.

Explanation:

• Practically most of the software products are delivered delay with dozens of bugs, hence companies apply tools such as benchmarking to study the process behavior in order to deliver better products to their customers.
• Many companies perform continuous benchmarking to ensure the process and efficient development of a quality products. Through continuous benchmarking, continuous improvement can be achieved.     Benchmarking is usually the comparison of planned against the actual process and practices in order to monitor a process standard and deliver the qualified products.
• Benchmarking is a globally accepted management tool, which will better result if utilized in an effective way.

To learn more:

1. Imaginary conversation between narayana murthy and you when you met him:

https://brainly.in/question/9127023  

2. The software company promoted by Narayana Murthy is (a) Wipro (b) Infosys (c) Satyam (d) HCL:

https://brainly.in/question/9193714