Peer review
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1. Corporate performance and valuation.
In corporate performance and valuation, peer review is the measurement of one organisation against another comparable organisation, for example a peer company.
Comparisons may be quantitative, qualitative or both.
2. Quality assurance - performance.
In quality assurance, peer review is the evaluation of work by professional subject matter experts, of similar seniority and experience to the individual or group that has performed the work under review.
The most effective forms of peer review are independent, and in some fields peer reviews are undertaken anonymously.