DEFINITION: The collection, interpretation of, and reporting on data for performance indicators which measure how well programmes or projects deliver outputs and contribute to achievement of higher level aims (purposes and goals). Performance measures are most useful when used for comparisons over time or among units performing similar work. A system for assessing performance of development initiatives against stated goals. Also described as the process of objectively measuring how well an agency is meeting its stated goals or objectives.
SOURCE: Handbook on Monitoring and Evaluating for Results. United Nations Development programme, Evaluation Office, NY, 2002.
RELATED TERMS: measure(v), metric