This paper reviews the importance of benchmarking project management performance using key performance indicators (KPI) to evaluate and to improve construction project management performance. A suitable research framework is established to measure project management performance.The paper provided benchmarking of the Egyptian market by applying KPIs measurements on three tier 1 contractors located in Egypt. The results confirm using benchmarking is essential to be applied because it helps construction companies to recognize its strength and weakness and carry out unremitting enhancement and improvement. The research methodology is applicable to be used on other countries with some modifications.