What is a Best Practice?
A Best practice is a process, practice, or system identified in public and private organizations that performs exceptionally well and is widely recognized as improving the performance and efficiency of organizations in specific areas. Successfully identifying and applying best practices can reduce business expenses and improve organizational efficiency.
Typically, Best Practices are positive activities or systems that you recommend to others for use in similar situations.
What is a Lesson Learned?
A Lesson Learned documents the experience gained during a project. These lessons come from working with or solving real-world problems. Lessons learned document identified problems and how to solve them. Collecting and disseminating lessons learned helps to eliminate the occurrence of the same problems in future projects. Lessons learned typically are negative with respect to identifying process, practice, or systems to avoid in specific situations. Lessons learned are positive with respect to identification of solutions to problems when they occur.