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Benchmark(ing)

A point of reference from which financial or technical measurements and comparisons can be made regarding the performance and functionality of an asset  a  system or a facility.


Purpose
A metric used to compare a company's/buildings (safety) performance against a national or state average.

This comparison is a safety benchmark to gauge performance with other companies in the same business group, and make an "apple to apple" comparison. Different business groups and industries will have different average rates.



Applications

I. Care has effectively utilized the asset management toolbox to his porfolio of buildings and now has the keys to success
Fig.  I. Care has effectively utilized the asset management toolbox to his porfolio of buildings and now has the keys to success.

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