Transcription of Performance Measurement - CIMA
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Topic Gateway Series Performance Management Performance Measurement Topic Gateway Series No. 9. 1. Prepared by Jasmin Harvey and Technical Information Service Revised March 2008. Topic Gateway Series Performance Management About Topic Gateways Topic Gateways are intended as a refresher or introduction to topics of interest to CIMA members. They include a basic definition, a brief overview and a fuller explanation of practical application. Finally they signpost some further resources for detailed understanding and research. Topic Gateways are available electronically to CIMA Members only in the CPD. Centre on the CIMA website, along with a number of electronic resources.
The development of activity based costing (ABC) and activity based management (ABM) has led to radical changes in cost management systems. ABC is based on the principle that by controlling the activities that consume resources, costs can be controlled at source. After ABC has provided information about the true costs of those activities, ABM makes
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