Performance Monitoring
Monitoring change in an organisation or a local economy and evaluating the effectiveness of measures taken to stimulate change or to achieve specific objectives.
- Measuring achievement against targets set.
- Advising on reasons for, and appropriate response to, any shortfall.
- Assessing the contribution that individual measures are making to broader objectives such as economic revival.
- Determining the costs associated with a particular initiative.
- Comparing costs and outcomes achieved with alternative approaches to establish measures of cost effectiveness and cost benefit.