árangursmælingu
Árangursmæling is an Icelandic term that translates to "performance measurement" or "results measurement." It refers to the systematic process of tracking and evaluating the progress and outcomes of activities, projects, or organizations. This involves defining key performance indicators (KPIs) or metrics that represent desired goals and then collecting data to assess how well these goals are being met.
The purpose of árangursmæling is to provide insights into efficiency, effectiveness, and overall success. By understanding
In practice, árangursmæling can be applied across various sectors, including business, public administration, and non-profit organizations.