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Performance Measurement
(redirected from Work Measurement)

   Also found in: Acronyms, Encyclopedia, Wikipedia 0.06 sec.
Performance measurement
Calculation of the return a money manager realizes over some time interval.

Performance Measurement
Any of many different mathematical measures to evaluate how well a company is using its resources to make a profit. Common examples of performance measurement include operating income, earnings before interest and taxes, and net asset value. It is important to note that no one measure of performance should be taken on its own. Rather, to arrive at a true sense of how a company is doing, one must use as many different measures as possible together.


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