Difference Between Effectiveness And Efficiency
In project management the concepts of efficiency and effectiveness are used for evaluating different processes. Today project-based organizations are struggling to balance between the triple constraint time, cost and scope (plus quality), and thus are focusing in doing it both efficiently and effectively. However, there are a wide variety of views on efficiency and effectiveness among project managers and senior project members, which makes it difficult to apply these concepts in project-based settings. As per the thought leader Drucker “if efficiency is “Doing things correctly or right,” then effectiveness is “Doing the correct or right Things”. Basis this distinction it […]
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