Benefits of Algorithm
An algorithm refers to a number of steps required for solving a problem. A historical meaning of this word is basically a procedure used for solving an arithmetic problem, like the procedure required for finding square roots. Presently, algorithm is generally used to refer to any procedure for completing a task. Further below are the benefits of algorithm.
1. Better problems solving
Developing an algorithm involves identifying the process, key decision points as well as the variables required for solving the problem. The identification of decision points and process divides the task into various smaller steps that are more manageable. This means problems that would normally have been impossible or difficult to resolve wholesale are going to be approached like a series of much smaller and solvable problems. By using algorithms, problem solving is made more rational.
2. Improves efficiency
Algorithm makes decision making more consistent and more efficient. Efficiency is the immediate result of both the specification and analysis process. An algorithm acts like a reminder device and assists in making sure that all variables or small parts of a certain problem or task are not overlooked. Presenting any solution process like an algorithm therefore allows for more accurate communication. Eventually, algorithm promotes expertise development as it facilitates the division of work amongst the employees.
3. Provides clarity
If a problem solver is not aware of what was performed, it is likely that she or he will not be aware of what went wrong. The presence of a detailed solution process enables easier identification of errors and weaknesses in the whole process. Reducing a vital task to several specified steps through using algorithm provides clarity and it is a critical part of evaluation, control and analysis.
The only algorithm shortcoming is that it is time consuming and some people consider it as a waste of resources.