- Dictionary : PIARC Road Dictionary/ English
- Theme : Financial and Legal Tools / Finance and Procurement / Economics and Finance
- Definition : Comparing the performance of an action to a qualitative and quantitative standard.
1. Such a standard will often be the best in the same domain of intervention or in a related domain.
2. Benchmarking is facilitated when, at the national or regional level, there is comparative information of good and not so good practice.