Measurement and metrics

While we use interchangeably measurement and metric, there is a different between both of them.

A measurement is the reading of something—the figure. A metric, is that same measurement, applied by judgement / criteria.

USD 100K is a measurement. It just counts the money: 100 000.

A metric would be if it’s above, on, or below an arbitrary point.

If your costs are 200K, this metric of 100K would be bad. If your costs are 10K, then it would be good. 🙂

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