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The GQM+Strategies approach was developed by Victor Basili and a group of researchers from the Fraunhofer Society. [10] It is based on the Goal Question Metric paradigm and adds the capability to create measurement programs that ensure alignment between business goals and strategies, software-specific goals, and measurement goals.
In software engineering and development, a software metric is a standard of measure of a degree to which a software system or process possesses some property. [ 1 ] [ 2 ] Even if a metric is not a measurement (metrics are functions, while measurements are the numbers obtained by the application of metrics), often the two terms are used as synonyms.
S.M.A.R.T. (or SMART) is an acronym used as a mnemonic device to establish criteria for effective goal-setting and objective development. This framework is commonly applied in various fields, including project management, employee performance management, and personal development.
Most professional services firms (for example, management consultancies, systems integration firms, or digital marketing agencies) use three key performance indicators to track the health of their businesses. They typically use professional services automation (PSA) software to keep track of and manage these metrics.
Halstead's goal was to identify measurable properties of software, and the relations between them. This is similar to the identification of measurable properties of matter (like the volume, mass, and pressure of a gas) and the relationships between them (analogous to the gas equation). Thus his metrics are actually not just complexity metrics.
Benchmarking is the practice of comparing business processes and performance metrics to industry bests and best practices from other companies. Dimensions typically measured are quality, time and cost.
Examples of the focus of such adaptations include the triple bottom line, [25] decision support, [32] public sector management, [33] and health care management. [34] The performance management elements of the UN's Results Based Management system have strong design and structural similarities to those used in the 3rd Generation Balanced ...
The key to finding the right metrics for your organization needs is to identify the overall business needs as organizations may differ in terms of the metrics they use. Metrics used by the organization need to show data on how human capital strategy is effective and that organizations are acquiring, developing and deploying the proper talent.