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As a result, performance issues can be eliminated more efficiently. These improved capabilities lead to higher quality Dev deliverables and, thus, support Ops as well. PMW also implies an integration of the three perspectives System Lifecycle, System Architecture and IT-Governance. PMW activities have to be allocated to organizational units.
Business performance management (BPM) (also known as corporate performance management (CPM) [2] enterprise performance management (EPM), [3] [4] organizational performance management, or performance management) is a management approach which encompasses a set of processes and analytical tools to ensure that an organization's activities and output are aligned with its goals.
Self-learning performance management: the use of technology to help automate the performance management of information technology systems. This is done through the use of software that employs applied mathematics (such as statistics , time series analysis, and forecasting ), automated baselining , neural networks , pattern recognition , and ...
In the fields of information technology and systems management, application performance management (APM) is the monitoring and management of the performance and availability of software applications. APM strives to detect and diagnose complex application performance problems to maintain an expected level of service .
The balanced scorecard was initially proposed as a general purpose performance management system. [4] Subsequently, it was promoted specifically as an approach to strategic performance management. [5] The balanced scorecard has more recently become a key component of structured approaches to corporate strategic management. [6]
Performance is an abstract concept and must be represented by concrete, measurable goals or objectives. For example, baseball athlete performance is abstract as it covers many different types of activities. Batting average is a concrete measure of a particular performance attribute for a particular game role, batting, for the game of baseball.