performance metric

/pərˈfɔːrməns ˈmɛtrɪk/
noun phraseIntermediate quantifiable measure of success
💼Business
formal

A quantifiable measure used to evaluate the effectiveness or efficiency of a process, system, or individual.

Customer satisfaction is a key performance metric for our service team.

This means the team measures how happy customers are with their service.

In software development, code quality metrics help assess the reliability of the system.

These metrics ensure the software is stable and free of errors.

💡

Performance metrics are often used in business, technology, and engineering to track progress and identify areas for improvement.

Related Phrases

key performance indicator (KPI)phrase
a critical measure used to evaluate success

💡Pro Tip

Choosing the Right Metrics

Select metrics that align with your goals and can be objectively measured.

Gold Rule

Relevance

Ensure the metric directly relates to the goal you are measuring.

📖Word Origin

Derived from 'performance' (execution or accomplishment) and 'metric' (a system of measurement).

📝Usage Notes

Performance metrics are commonly used in business, technology, and engineering to quantify success and identify areas for improvement.

Word Breakdown

performance
the execution or accomplishment of a task
root
+
metric
a standard of measurement
root
English Dictionary