Benchmarking is a technique that allows for a statistical framework to be used to change multiple factors that are important to a specific project and review the results instead of changing just one parameter at a time and having to wait for the results before proceeding with another change.

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Benchmarking is a process of comparing one's performance metrics to industry bests or best practices from other companies, not a technique for changing multiple factors in a project.

Benchmarking Is a Technique That Allows for a Statistical Framework