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performance management and permance measurement

Forums › ACCA Forums › ACCA APM Advanced Performance Management Forums › performance management and permance measurement

  • This topic has 2 replies, 2 voices, and was last updated 11 years ago by kylefran.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • November 10, 2013 at 8:59 am #145260
    kylefran
    Member
    • Topics: 9
    • Replies: 22
    • ☆

    what is the difference of the performace measurement and performace management. I am confused by looking at June 2012 Q5.I am not sure waht knowledge is examing to candidates?

    November 11, 2013 at 11:01 am #145361
    knylam
    Member
    • Topics: 20
    • Replies: 23
    • ☆

    Hi kylefran,
    In my opinion, the main things to be retained are the following:

    1) Performance measurement focuses on results and allows users to analyze those results through charts, grids, trends, and by drilling-down to even greater depths of detail.

    So, it relates to the end results/outcomes.

    2) Performance management by contrast is all to do with the business processes and day-to-day actions that lead to strategic goals. This includes how management choose a particular course of action in a given business environment.

    As for this one, it relates to how that outcome is being achieved; i.e. before arriving at this profit level for instance.

    (Please correct me if am wrong).

    November 11, 2013 at 1:00 pm #145383
    kylefran
    Member
    • Topics: 9
    • Replies: 22
    • ☆

    i think it make sens. In the exam, if wed not know the diiference. it is easy to answer both questions in the wrong order or mixed them up.

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