The procedure of monitoring, assessing and evaluating is extremely important to accomplish an effective task which allows the members to improve its quality and to show what has been completed. A few individuals erroneously assume that performance management is concerned just with following regulatory necessities to assess and rate performance. Actually, relegating appraisals of record is one part of the overall procedure (and maybe the slightest critical part). Performance management is the precise procedure of:
• Planning work and setting expectations,
• Continually observing performance,
• Developing the ability to perform,
• Periodically appraising performance in a summary design, and
• Rewarding great performance
Planning
Planning
…show more content…
Developing
Effective managers evaluate and address the developmental needs of their employees. Developing in this instance means increasing the capacity to perform through training, giving assignments that introduce new skills or higher levels of responsibility, improving work processes, or other methods. Providing employees with training and developmental opportunities encourages good performance, strengthens job-related skills and competencies, and helps employees keep up with changes in the workplace, such as the introduction of new technology.
Evaluation
Evaluation is the periodic and systematic collection and objective analysis of evidence on public policies, programmes, projects, functions and organizations to assess issues such as relevance, performance (effectiveness and efficiency) and value for money, and recommend ways forward. Evaluation is critical for generating in-depth evidence for improving performance and decision-making. Inspection/investigation detects wrong doing and verifies
…show more content…
Performance audits seek to determine whether money was well spent (whether goods and services were acquired economically, applied efficiently and managed effectively towards achieving the desired goals).
Evaluation is often attempted by outer evaluators to ensure independence. It is done at particular points in a project when goals and targets can be measured against the initial plans. A report is produced that highlights achievements or objectives that have not been met.
• Impact Assessments measure the enduring or significant changes, positive or negative, that have been brought about by a