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Dear sir,
After reading the technical article, I still not understand the
difference between measurable benefit and quantifiable benefit.Can you give some more clear cut examples for these?
Thanks with best regards,
Measured is measured before and after but the change but it is cannot be estimated numerically in advance. Quantifiable is measurable and capable of being estimated in advance.
Examples: better inventory management should lead to less wastage. The saving is probably capable of being quantified. Better inventory management should lead to higher sales, but the sales growth (much from better reputation) though measurable, is probably not quantifiable.
Dear sir,
Measurable = cost
Quantifiable = cost x quantityIs that my interpretation above acceptable?
Best regards,
Leonardo
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