COST ACCOUNTING
PERFORMANCE MEASUREMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What has been achieved
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Current state
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Goals to be achieved
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How to hit the target
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What has not been achieved
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Detailed explanation-1: -Summary. The goal of measurement is to get reliable data with which to answer research questions and assess theories of change.
Detailed explanation-2: -But as the management guru Peter Drucker famously said, “If you can’t measure it, you can’t manage it.” If you don’t measure, then how do you know how you are doing?
Detailed explanation-3: -The purposes of measurement can be categorized as measurement being in the service of quality, monitoring, safety, making something fit (design, assembly), and problem solving.
Detailed explanation-4: -Measurement gives us the data needed for assessment and evaluation. Comprehensive assessment systems provide structure to education. A complete system will have different types of assessments and be administered at various times to give an overall view of student progress.