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Benchmarking - International Total Occupancy Cost Code

By Dharam Domalpalli posted Jul 06, 2011 07:42 AM

  

Here is a topic open for discussion.....'Do organizations implement a standard approach to classify their cost codes to enable benchmarking (internally across accounts / clients or externally against industry recognized benchmarks)?'

I've come across a standard (published by IPD): http://www.ipd.com/portals/7/downloads/IPD_Cost_Code_v4_Deutsch_Englisch.pdf

Has anyone implemented / considered implementing this standard?

Thanks.

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