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Published byRosa Sims Modified over 8 years ago
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Daniel Imhoff
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Used to identify standards that are critical to a company’s success Used to compare: ◦ Actual Performance ◦ Determination of gaps in performance ◦ Implementation of improvements External benchmarks are typically best practice
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Productivity- ratio of outputs achieved to inputs into production Objectives of Productivity Measures: ◦ Were all inputs used needed to produce the actual output? ◦ Was the best mix of inputs used?
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Total Productivity Ratios (TPRs) Reflect the value of all output relative to the value of all input. Consider all inputs and the prices of the inputs Calculation: ◦ Quantity of output produced/cost of inputs Partial Productivity Ratios (PPRs) Reflect the value of all outputs as compared to the value of major categories of input. Concerned only with the quantity of a single output and not the price of input Calculation: ◦ Quantity of output produced/quantity of the single input used
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BOMA (Building Owners and Managers Association International) IMFA (International Facility Management Association) It’s good practice to compare “apples to apples” Normalize content
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