Bench Marking

1. A form of comparison usually between the activities of one organization and those of one or more comparable external organizations. (Source: Business Continuity Management Institute - BCM Institute) 2. A form of comparison usually between the activities of one organisation and those of one or more comparable external organisations. Also used to describe a form of simulation modelling where the entire operational environment is replicated or simulated. (Source: UK Financial Sector Continuity)