benchmark

(redirected from benchmarks)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia.

benchmark

Something against which to measure success or progress. We have several benchmarks that will help us to determine if your portfolio is experiencing solid growth. I'm so happy to share that I've reached the benchmark of six months of sobriety!
References in periodicals archive ?
And even if advertised benchmarks are within the acceptable range for satisfaction, they are apt to be on the high side, with the result that consumers may be using, for example, up to five times as much toothpaste as appropriate or changing oil twice as often as necessary.
People use benchmark apps in order to ascertain the performance of their device, and we want users to see the true performance of the OnePlus 5.
Facility benchmarks based on area per KPU can be used to identify the appropriate amount of space, but they rarely communicate the quality of space, a shortcoming that should be recognized up front.
Another study in Europe found that local governments located in the United Kingdom and Germany as well as other OECD counties were very involved in benchmarking activities (Bovaird and Loffler, 2002), noting that process benchmarking, which is similar to best practice benchmarking, is different than results benchmarking, which is similar to comparison of performance statistics as benchmarks. One outcome of this research is the desire to engage in benchmarking for greater transparency, which is part of the broader accountability agenda in the public sector for maximizing the utility of limited resources.
Due to the importance of company innovativeness for long-term growth, benchmarks should be used for assessing firms innovativeness in terms of the required activities of firms to innovate in practice [58].
For this purpose a equence of observations under the laboratory conditions was made using benchmarks stabilised in the underground of the Institute of Geodesy and Geoinformatics at the University of Environmental and Life Sciences in Wroclaw.
Measures are foreseen to improve governance and control of the administrators of benchmarks. Contributors' to the development of benchmarks (banks) will have to respect a code of conduct.
I can tell you from experience that many weeks of hard work have been ruined because the person or team performing the benchmark failed to prepare properly.
Noting that 'it's best that we not fall prey to accepting that LIBOR or any benchmark is "too big to replace,' he said, "These benchmarks - referencing markets with insufficient transactions, particularly in longer tenors - undermine market integrity and threaten financial stability."
A significant consideration for many organizations is what process or outcome should be benchmarked. The criteria that Xerox used to determine what benchmarks it would measure are as relevant today as they were in the late 1980s.
Some states with Republican governors who have opposed the Patient Protection and Affordable Care Act of 2010 (PPACA) have announced EHB benchmarks. Some of the states with Republican governors and EHB benchmarks include Arizona, Kansas and Virginia.
Benchmarks are not merely set to meet due diligence standards.
As the Senate Administration continues to develop its performance measurement framework, directors are encouraged to include external benchmarks in their performance indicators to provide comparative measured.
The governor and Legislature launched Oregon's current system in 1989 with a statewide strategic plan called Oregon Shines, (4) companion progress indicators called Oregon Benchmarks, (5) and an independent Progress Board to track progress and keep the plan current.