The phrase "agreed upon benchmark" is correct and usable in written English.
It can be used when referring to a standard or point of reference that has been mutually accepted by parties involved in a discussion or agreement.
Example: "The team established an agreed upon benchmark for measuring project success, ensuring everyone was on the same page."
Alternatives: "mutually accepted standard" or "consensus benchmark".
The EMRALD team including several family physicians/EMR users discussed and agreed upon benchmarks for optimal completeness.
They're expensive, too: a standard fee is "2 and 20"; that is, each year you're charged two per cent of the money you've invested in the fund, and also twenty per cent of any profit above an agreed-upon benchmark.
Hedge-fund managers, for instance, typically are paid "2 and 20": they get two per cent of total assets as a management fee, and they keep twenty per cent of their investment gains (above some agreed-upon benchmark).
Usually, this is 30/30/40 - 30% in advance (to bind you, and to enable you to purchase materials), 30% upon completion of some agreed-upon benchmark, such as delivery of comps (rough sketches, if you are an artist, or small printouts if you make signs or do other design type work, etc), and the balance upon completion.
Each beneficiary will sign a contract with consequences for failing to meet the agreed-upon benchmarks.
The government will reimburse them several years later, possibly with a bonus — but only if agreed-upon benchmarks show that the program is working.
The use of these benchmarks has been very useful in comparing states in the USA on an agreed upon series of child care benchmarks that have a great deal of support in the research literature (American Academy of Pediatrics [AAP] & American Public Health Association [APHA], 2012, 2013; NACCRRA, 2007, 2009, 2011).
However, there is currently no universally agreed upon approach for the process of road safety benchmarking, and performing the practice successfully is by no means easy.
A publicly announced 12-month planning process, with a subsequent 24-month phased in reduction of current interest rates (13.25%) to an agreed upon interest rate target range (using a basket of developed country interest rate benchmarks), 2. Coupled with a recalibration of the original three-pillars, and 3. A simultaneous fully coordinated government reform package.
142 An internationally agreed upon, structured pathology data set for melanoma is a prerequisite for research and for benchmarking in health care, while improving the consistency, completeness, and quality of melanoma pathology reports worldwide.
