In computing a benchmark is the act of running a computer program a set of programs or other operations in order to assess the relative performance of an object normally by running a number of standard tests and trials against it. Definition of Benchmark in Construction An established elevation on a jobsite.
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How to use benchmark in a sentence.
What does bench mark mean. Used as a reference point in surveying. What does benchmark meanA spoken definition of benchmarkIntro SoundTypewriter - TamskpLicensed under CCBA 30Outro MusicGroove Groove - Kevin MacLeod i. In computing a benchmark is the act of running a computer program a set of programs or other operations in order to assess the relative performance of an object normally by running a number of standard tests and trials against it.
For example the Nifty 50 is a benchmark against which many large-cap funds and index funds are measured. All elevation points on the site must be referenced off a set elevation called a benchmark. How Does a Benchmark Work.
Surveying a mark on a stone post or other permanent feature at a point whose exact elevation and position is known. In surveying when you are locating points with respect to a line not necessarily a straight line either you can describe a position along the line as 95623plus chainage. As modifier.
The benchmark is normally located on a solid surface that will not vary throughout the project. A benchmark is a point of reference by which something can be measured. This video explains the concept of a benchmark in surveyingThe different types of benchmarks used in surveyingG T S benchmarksPermanent benchmarksArbitra.
In surveying a bench mark two words is a post or other permanent mark established at a known elevation that is used as the basis for measuring the elevation of other topographical points. Studying other companies can highlight what it takes to enhance your companys efficiency and become a bigger player in your industry. The term benchmark is also mostly utilized for the purposes of elaborately-designed benchmarking.
Lets assume you compare the returns of your stock portfolio which is a broadly diversified collection of small-cap stocks and is managed by Company XYZ with the Russell 2000 index which you feel is an accurate universe of feasible alternative investments. Speedometer is a browser benchmark that measures the. A benchmark is a feasible alternative to a portfolio against which performance is measured.
Benchmarking is a process where you measure your companys success against other similar companies to discover if there is a gap in performance that can be closed by improving your performance. Benchmark definition a standard of excellence achievement etc against which similar things must be measured or judged. A correlation coefficient is used in statistics to describe a pattern or relationship between two variables.
A level of quality that can be used as a standard when comparing other things. What does bench mark mean. A benchmark is an index against which a mutual funds performance is measured.
The abbreviation sta means station. Benchmark definition is - something that serves as a standard by which others may be measured or judged. Benchmarking is a process of measuring the performance of a companys products services or processes against those of another business considered to be the best in the industry aka best in class The point of benchmarking is to identify internal opportunities for improvement.
A criterion by which to measure something. A variety of benchmarks can also be used to understand how a portfolio is. A benchmark is a standard or measure that can be used to analyze the allocation risk and return of a given portfolio.
What does bench mark mean. The new hotel is a benchmark in opulence and comfort.
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