Bench Marking

From BCMpedia. A Wiki Glossary for Business Continuity Management (BCM) and Disaster Recovery (DR).
Jump to navigation Jump to search
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)

Retrieved from "https://bcmpedia.org/w/index.php?title=Bench_Marking&oldid=14284"