Difference between revisions of "Benchmarking"

{{Term|BENCHMARKING|Refers to a particular level of [[Performance|performance]] on a scale. The performance  level may define a ‘benchmark’ that represents an exemplary [[Standard|standard]] in a programme or project. Organizations use benchmarking to determine  gaps or limitations in their performance compared to their peers. In its most simplified form therefore, benchmarking could be described as improving performance by learning from others with the [[Objective|objective]] of doing better. Benchmarking can also be a collaborative exercise with like-minded organizations seeking to identify common and important success [[Indicator|indicators]].<ref>[http://acaca.bos.nsw.edu.au/go/changing-schools/new-south-wales/standards-and-benchmarking/ Australian Curriculum Assessment and Certification Authorities. Standards and Benchmarking, 2010.]</ref><ref>[http://www.conted.ox.ac.uk/courses/professional/lnat/ University of Oxford. The Learning Needs Analysis Toolkit, 2010.]</ref><ref>Mathison, Sandra. Encyclopaedia of Evaluation. Ed. University of British Columbia, pp 31. Thousand Oaks, CA: Sage Publications, 2005.</ref>}}