Based on that you will need to track efficiency

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Based on that, you will need to track efficiency measures (which compare your inputs with your outputs), and outcome (or effectiveness) measures (which quantify the actual effect the organisation's efforts have on your objectives) You will need to know both, and you will need not to BSBFIM501, Assessment No. 1 Page 9 v1.3, Last updated on 12/04/2016
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T-1.8.1 confuse the two. First of all, check to see that your input and output measures are adequate. Input measures You will already be keeping track of the purely financial aspects of the enterprise, at least at the organisation-wide level; you will be able to account for your income and expenditure and will be able to draw up a balance sheet once a year. This may not be enough. Is your accounting sufficiently timely to warn you about rapid changes in your circumstances? Are you able to break down the organisation-wide costs and donations so that you can see the effect of individual programs and sub-programs? What about the non-financial resources used in operating a program or providing a specific service? Are your staff costs allocated to particular programs, or are they just aggregated? If you rely heavily on volunteers, do your records capture the necessary statistics on donated hours and efforts? Are you able to quantify whether your volunteer support has gone up or down? Output measures Does your organisation keep records of its outputs? These might be, for example, the number of meals provided by a soup kitchen, the number of clients seen by a community legal service, the
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