Why is Performance Monitoring and Evaluation Important?
Effective performance monitoring and evaluation are essential for several reasons: 1. Improvement: Identifying areas where improvements can be made. 2. Accountability: Ensuring that all team members are meeting their responsibilities. 3. Resource Allocation: Making informed decisions about where to allocate resources. 4. Goal Alignment: Ensuring that business activities are aligned with organizational goals. 5. Risk Management: Identifying potential risks and mitigating them promptly.