Trending Cost Efficiency Discussions

Resources at right quantity & quality, at right time, at right cost being the rule to optimization, can such Optimization ensure optimum Efficiency?‎

Is there a direct relation between Optimization of Resources and Optimization of Efficiency. Are they mutually complementary?‎

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What is the difference between efficiency and effectiveness?‎

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What is effective and efficient in the context of an Organization and how does it relate to overall Objectives and personal goals?‎

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How are commissions and benefits structured?‎

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With regard to cost efficiency, can you explain what the term 'point of diminishing returns' means?‎

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What exactly HEX do in ETS room? Can we exclude HEX unit in chilled water cycle(From District Cooling Plant to End load and vice versa)?‎

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Answer added by  Mircea David, Pricing and Volumes Manager, OMV Petrom SA
7 years ago

It can provide an optimum technological efficiency. The overall efficiency of a business can be, sometimes, influenced by external factors, which can not be estimated, th ... See More

 

Answer added by  Ghalib Humaidi, Cost estimation-Tendering - FIDIC Contracts - Projects close out -Strategic Water projects is a plus, Previously with egis Intl , EMAAR Intl , Pen spen Intl , ACE Intl
7 years ago

that was part of  efficiency elements , but the wider spectrum is to implement a work plan strategy , in which the following factors need to be deployed : (1) Total Quali ... See More

 

Answer added by  Anurag Goel, IT Support Specialist, BNP Paribas
8 years ago

Service desk says that it is an overall process to improve IT functionality across the organization. This is good for any company to be cost efficient in terms of unwante ... See More

 

Answer added by  SAHL HIJAZI , Purchasing Manager, BINZAFRAH GROUP
10 years ago

Efficiency means doing the things right whereas Effectiveness is about doing the right things.  Efficiency focuses on the process or ‘means’ whereas Effectiveness focuses ... See More