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How are industry averages calculated?

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Answer

Industry averages are calculated using data models that incorporate RFIs, Submittals and other relevant information across Procore, tailored to your project's country. For example, if your project is based in the U.S., only RFIs, Submittals and similar data from other U.S. based projects will be used in the industry calculation for that Insight.

Additionally, U.S. based projects undergo further cohorting by "project type." For instance, if you are constructing a hospital, the industry calculation for that Insight will only include RFIs, Submittals and other relevant data from U.S. hospital projects within Procore.