In the majority of cases, the success of a measure is determined by its operational efficiency. Before responsible or third persons agree on a measure, it has to be examined on its operational efficiency by an external auditor. In the same manner it is important to continously monitor and evaluate the performance afterwards.
Efficiency examinations in detail:
- price auditing
- capital budgeting
- check-up of operating cost rates
- check-up of reports on expenditure of funds