In a sector where capital investment decisions carry significant cost and delivery risk, reliable benchmarking provides a clear advantage. Linesight’s Life Sciences Benchmarking Program enables organizations to validate budgets, benchmark costs against industry peers and identify opportunities for greater capital efficiency. Built on a global database of real project data, the program draws on more than 6,000 data points from 250 projects across 25 participating companies, covering laboratories, manufacturing facilities and major upgrades. The result is a robust evidence base that helps life sciences leaders make informed investment decisions, reduce uncertainty and deploy capital with confidence.
Benchmarking uses up-to-date data from comparable projects to inform cost estimates, so life sciences organizations can base their CAPEX budgets on real-world evidence rather than assumptions.
By comparing a project plan against industry benchmarks, organizations can quickly identify where costs or schedules are out of line with peers and focus on the real drivers.
When CAPEX proposals are supported by benchmark statistics and references to similar successful projects, they build confidence among executives and finance committees and strengthen the case for investment.
Core features of the program include a comprehensive dataset, where each entry captures project type, location, size, and duration alongside detailed cost and schedule breakdowns. This structure allows teams to compare like with like and understand where performance aligns with, or deviates from, peer norms.
The program is continuously updated with recent project data that reflect technology shifts, changing requirements, and inflationary pressures.
Participants access the platform through a secure Power BI dashboard, enabling visual comparisons of proposed project metrics against relevant benchmarks, including cost per square meter versus median peer data.
The platform supports benchmarking at facility, functional, and elemental levels, helping teams pinpoint where variance is occurring and why.
Contextual insights are provided with support from Linesight experts to clarify whether differences reflect scope, location, or execution strategy, enabling more informed decisions during CAPEX planning.