Project Essay Example | Topics and Well Written Essays - 3000 words - 1

Project - Essay Example There are several ways of gathering data. Data can be collected from primary as well as secondary sources. Data that are collected from the primary sources are called primary data and when they are collected from secondary sources, are called secondary data. In primary research direct interaction takes place between the researchers and the sample of the research as the data are collected directly from the sample. On the other hand in secondary research data are mainly collected from books, journal and scholarly articles that are already published. Less amount of cost is associated with secondary research as compared to the primary research, but on the other hand secondary data are not as reliable as primary ones. Moreover analysis of primary data is more convenient than that of secondary data. This research is based on the primary data that are collected by the help of a properly designed questionnaire which is one of the most important data collection tool. A questionnaire is consis ted of either close ended or open ended questions. Close ended questions are easier to analyze as compared to open ended questions. This is mainly because the answers of close ended questions can be put into statistical tools to analyse them, but it is not possible in case of answers of open ended questions. In quantitative research method it is very important to form a questionnaire that mainly includes close ended questions. However in case of a qualitative research open ended questions can be included in the questionnaire. This questionnaire is designed keeping the focus on the type of data that are required. The questionnaire is given at the appendices Questions are mainly asked to the parents and the teachers as the main objective of the research is to find out the positive relationship between the academic achievement of children and parental involvement. Teachers are also involved in the

Performance Measurement and Management Assignment

Performance Measurement and Management - Assignment Example This is also ensures that transparency is achieved because stakeholders are informed on the choices the organization intends to take. In addition, it assists an organization to monitor its progress towards its set objectives and standards of performance (Lichiello and Turnock, 2010). In addition, Myer (2005) highlights that performance management is the coordination of activities, which ensures that organizational goals are effectively achieved. It is also the use of performance measures and standards by an organization to ensure that the desired results are met Lichiello and Turnluck, 2010). In performance management, an organization matches its resources, systems and workforce towards desired objectives. Employees, organizations departments and processes in the organization can be the basis of performance management (Lichiello and Turnock, 2010). Myer (2005) also highlights that the benefits of performance management include; reduced costs by decreasing the time of achieving goals and reducing project overruns, motivation of employees by using incentive plans for goals achieved, improved engagement and transparency, and lastly, improved control of organization activities through proper data relationships. This paper will highlight and describe in detail the va rious performance measures that can be used by Allulite Windows and Joinery in measuring performance, and it will emphasize on the balanced score card approach and why it is favorable for the company than any other methods. In general, the metrics of measuring performance in an organization can be broadly classified into financial and nonfinancial measures. Some of the financial measures include the Return on Investment (ROI), Residual income (RI) and discounted cash flow methods such as the NPV method. On the other hand, the nonfinancial performance measures include