measurement of performance

  • 11Performance measurement — with a process is the complement to process execution. Based on measured performance, the feedback control loop may be closed. The metrics to assess performance is set according to a determined econometric model. The expected best result is… …

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  • 12Performance attribution — or Investment Performance Attribution is a set of techniques that performance analysts use to explain why a portfolio s performance differed from the benchmark. This difference between the portfolio return and the benchmark return is known as the …

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  • 13Performance metrics — are measures of an organization s activities and performance. Performance metrics should support a range of stakeholder needs from customers, shareholders to employees [Mark Graham Brown, Using the Right Metrics to Drive World class Performance ] …

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  • 14Performance management — is closely connected to Performance measurement. They are sometimes mistaken for each other. In careful usage, Performance Management is the larger domain and includes Performance Measurement as a component.Performance measurement is the process… …

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  • 15Performance audit — refers to an examination of a program, function, operation or the management systems and procedures of a governmental or non profit entity to assess whether the entity is achieving economy, efficiency and effectiveness in the employment of… …

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  • 16Performance improvement — is the concept of measuring the output of a particular process or procedure, then modifying the process or procedure in order to increase the output, increase efficiency, or increase the effectiveness of the process or procedure. The concept of… …

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  • 17Measurement and Verification — (M V) is the term given to the process for quantifying savings delivered by an Energy Conservation Measure (ECM), as well as the sub sector of the energy industry involved with this practice. Measurement and Verification demonstrates how much… …

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  • 18performance indicator — UK US noun [C] (also performance measurement) ► something that shows how well a company, an economy, etc. is doing: »Finance people are used to having milestones and performance indicators, and that is the mindset we need in research and… …

    Financial and business terms

  • 19Performance Handicap Racing Fleet — (PHRF) is a handicapping system used in yacht racing. It allows dissimilar classes of sailboats to be raced against each other. The aim is to cancel out the inherent advantages and disadvantages of each class of boats, so that results reflect… …

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  • 20Performance Pyramid — Die Performance Pyramid ist ein hierarchisch orientiertes Performance Measurement System zur Leistungsmessung und Unternehmenssteuerung. Das Konzept wurde von Richard L. Lynch und Kelvin F. Cross 1991 der breiten Öffentlichkeit vorgestellt.… …

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