Metrics are used to figure out how effective and efficient a system, a process, or an individual is. There are many different kinds of performance measures, and the ones used depend on the situation and the goals of the review. Here are some common ways to measure success:
Accuracy:
Accuracy is how close the results of a system or process are to what was wanted.
Efficiency:
Efficiency is the ability of a method or process to get the job done with as little time, money, or energy as possible.
Speed:
Speed is how long it takes a method or process to finish a job.
Productivity:
Productivity is the amount of work or output made per unit of time or resource.
Quality:
Quality is how well a product or service meets or goes above and beyond what a customer wants.
Customer satisfaction:
Customer happiness is the degree to which a product or service makes a customer happy.
Cost-effectiveness:
Cost-effectiveness is the ability of a system or process to get the result you want for the least amount of money.
Safety:
Safety is how free from harm or risk a method or process is.
Reliability:
Reliability is the ability of a system or process to always produce the result that is wanted, without making mistakes or failing.
Sustainability:
Sustainability means that a system or process can meet today’s needs without making it harder for future generations to do the same.
Usage
It is used in performance measurement
