Question

Generating ideas by comparing specific project practices or product characteristics to those of other projects or products inside or outside the performing organization is known as _____

Answer 1

This process is known as Benchmarking

Step-by-step explanation:

Benchmarking is the process of comparing business process and performance to the best practices from the other companies. The dimensions measured and compared are time, quality and cost.

This allows the organizations to improve the projects or plans or adapt the specific best practices with the aim of increasing the performance.