Performance measure

A unit of measurement that functions as part of a hypothesis to look for evidence of an outcome in a particular data source or observable event.

Definition

A unit of measurement that functions as part of a hypothesis to look for evidence of an outcome in a particular data source or observable event. It might be quantitative or qualitative.

The hypothesis might look for a change in the performance measure, before and after a solution is implemented. A positive change in the measure could help to ‘prove’ the hypothesis, while negative or no change could be seen to ‘disprove’ it. In either case, the performance measure has value, because it indicates whether or not the solution is effective.

It is different to a metric and a balancing measure.

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