Cost Performance is a measure of how efficiently and effectively an organization or project is running. It is calculated by dividing the amount of money spent against the tangible results achieved. In short, it tells us whether or not we are getting what we pay for. By monitoring Cost Performance, we can identify opportunities to improve our operations, ensuring that every cent invested is generating maximum return on investment. So, as you make business decisions, ask yourself: “Am I getting my money’s worth?” When it comes to achieving success, Cost Performance is critical.