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Performance Management Guide |
Meaning of the term performanceThe meaning of the term performance is similar to that of the term productivity as, for example, the effective and efficient use of resources to achieve outcomes. However, performance is broader than some narrow meanings of productivity (efficiency, for example). Many private sector applications emphasize only efficiency, but a distinguishing feature of public performance is that it is guided and assessed by multiple, equally important standards of effectiveness, efficiency, and equity.
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