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Importance of Metrics

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Issue:

Miscellaneous

 

Written by:

Robert M

 

Date added:

March 7, 2016

 

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Grade:

A

 

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6 / 1545

 

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Metrics are designated in different categories. The categories identified in this document include output, in-process, and people. The organization must first determine exactly what it is that the company is trying to accomplish or determine. Metrics are then identified based on what is relative to the subject matter...
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Finally, metrics are verified when tracking progress against previous records or a company given standards or goals. Importance of Metrics Establishing metrics is crucial to any organization, especially in technology related company projects. Metrics can be defined as a system of parameters or "ways of quantitative and periodic assess of a process that is to be measured, along with procedures to carry out such measurement and the procedures for the interpretation of the assessment in the light of previous or comparable assessments" (www...
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