What are measures of performance?

Measures of performance are essential in systems engineering as they specify the critical performance characteristics that a system must achieve to meet its objectives. This concept is vital for assessing whether a system will fulfill its intended purpose effectively. By focusing on these parameters, stakeholders can evaluate the design and functionality of the system in relation to user needs and requirements.

In contrast to project management metrics or financial metrics, which focus on cost and scheduling, measures of performance are specifically tailored to quantify aspects that determine how well a system performs its designated functions. They may include specifications like speed, accuracy, reliability, and capacity, providing a comprehensive understanding of the system's operational effectiveness.