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Performance Management
© By: Elizabeth Morgan
Article Summary:
Measurement of actual performance does not only mean knowing what has happened, but also what is likely to happen. It means that deviations are predicted in advance, which helps the management to take corrective action in advance for the achievement of goals. As such, it is desirable to measure performance as soon as the operations are completed. Not only this, it can also be measured while the activity is in progress, so that appraisal would be possible in time...
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