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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.
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.
S.M.A.R.T. (or SMART) is an acronym used as a mnemonic device to establish criteria for effective goal-setting and objective development. This framework is commonly applied in various fields, including project management, employee performance management, and personal development.
Traditional SPE activities support Dev teams to meet non-functional requirements such as response times or scalability. In doing so, performance goals and metrics can be defined and measured through load testing. [1] [3] A method to achieve performance goals at an early stage of development are performance models. They can be created using ...
[63]: 68–69 A solution to this limitation is to set learning goals as well as performance goals, so that learning is expected as part of the process of reaching goals. [64] [65] The section on learning goals has more information on this effect and how to counter it. Goal setting also may impair performance in certain situations.
The purpose of Organizational Performance Management (OPM) is to proactively manage the organization's performance to meet its business objectives. Specific Practices by Goal. SG 1 Manage Business Performance SP 1.1 Maintain Business Objectives; SP 1.2 Analyze Process Performance Data; SP 1.3 Identify Potential Areas for Improvement
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