Cost Management

Cost Management definition

Efficiency indicator definition

Balance score card definition

Effectiveness indicator

ROI definition

Internal rate of return definition

Activity Based Costing


Effective definition


Getting it right the first time

Internal rate of return

The Internal Rate of Return (IRR) is the discount rate that generates a zero net present value for a series of future cash flows.

Key performance indicator

Key Performance Indicators or KPI are quantifiable measurements that reflect the critical success factors of an organization. They reveal a high-level snapshot of the organization.

Balanced scorecard

The Balanced Scorecard is a conceptual framework enabling an organization to clarify its vision and strategy, thus effectively translating them into action.

Efficiency indicator definition

Key performance indicators

Key performance indicators are a high-level performance metric used to measure the progress of business processes.

Return on Investment definition

Developing key performance indicators

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