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Performance measurement is the process of collecting, analyzing and/or reporting information regarding the performance of an individual, group, organization, system or component. [dubious – discuss] [1] Definitions of performance measurement tend to be predicated upon an assumption about why the performance is being measured. [2]
A performance indicator or key performance indicator (KPI) is a type of performance measurement. [1] KPIs evaluate the success of an organization or of a particular activity (such as projects, programs, products and other initiatives) in which it engages. [ 2 ]
Measure the performance of the system before modification. Identify the part of the system that is critical for improving the performance. This is called the bottleneck. Modify that part of the system to remove the bottleneck. Measure the performance of the system after modification. If the modification makes the performance better, adopt it.
Test of maximum performance: These assess the individual's ability to perform effectively under standard conditions. Performance on these tests, which includes ability and aptitude tests, can be judged as right or wrong. Ability tests come in many different forms and may test a general intellectual functioning or a specific ability. [1]
The second set of performance metrics measures the computational resources used by the application for the load, indicating whether there is adequate capacity to support the load, as well as possible locations of a performance bottleneck. Measurement of these quantities establishes an empirical performance baseline for the application.
Network performance refers to measures of service quality of a network as seen by the customer. There are many different ways to measure the performance of a network ...
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.
This article comprises a list of measures of financial performance. Basic definitions. Return on equity; Return on assets; Return on investment; Return measures