Performance measurement is the process of collecting, analyzing and/or reporting information regarding the performance of an individual, group, organization, system or component. It can involve studying processes/strategies within organizations, or studying engineering processes/parameters/phenomena, to see whether output are in line with what was intended or should have been achieved.
Read more about Performance Measurement: Performance Measurement in Business, Performance Measurement in Engineering, See Also
Famous quotes containing the words performance and/or measurement:
“Still be kind,
And eke out our performance with your mind.”
—William Shakespeare (1564–1616)
“That’s the great danger of sectarian opinions, they always accept the formulas of past events as useful for the measurement of future events and they never are, if you have high standards of accuracy.”
—John Dos Passos (1896–1970)