Metrics Management

Metrics are a system of parameters or ways of quantitative assessment of a process to be measured.

Metrics are mostly related to a specific domain area and are valid only within a certain domain and cannot be benchmarked outside it.

Metrics Management is the set of methodologies used to maintain metrics in a systematic manner.

Uses of Metrics Management

Metrics are used to track

- productivity
- trends
- resources
- predictions
- process health
- key performance indicators

Metrics Management is an essential component to guide companies in achieving their strategic and tactical aims.

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