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PART: See Program Assessment Rating Tool below.
Pathway: Descriptive statement and visualization that describes/depicts the
progressive stages in realizing an organization’s long-term vision, and
provides an understanding of the phases in which particular objectives play
primary contributory roles. Examples: “Launch in NYC”; “Scale in Northeast”;
“Expand across U.S.”
Performance-based budgeting: A performance budget is an integrated
annual performance plan and budget that shows the relationship between
program funding levels and expected results. It indicates that a goal or a set
of goals should be achieved at a given level of spending.
Performance Appraisal: The regular (usual annual) process where an
employees performance for the year is assessed by manager and/or
employee. It is only one part of the performance management approach.
Usually means the same as "performance review".
Performance Gap: The “difference” between actual and target, the trend of
the performance or target gap shows an organization’s momentum.
Performance Management: The larger process of defining how people,
processes and systems should be performing, ongoing communication during
the year, linking of performance to organization needs, and the evaluating of
appraising of performance.
Performance Review: Usually refers to a meeting to review and evaluate
performance, involving supervisor and employee. Often done once a year, but
to be effective performance reviews, or at least informal meetings to discuss
performance should be undertaken at least every few months.
Perspective (also called point of view): Representing the various
stakeholders, both internal and external, critical to achieving an organization’s
mission. Together, the perspectives provide a holistic, or balanced,
framework for telling the “story of the strategy” in cause-and-effect terms.
While the traditional Balanced Scorecard includes the four perspectives of
Financial, Customer, Internal Process, and Employee Learning and Growth,
an organization may choose to modify and/or add to these to adequately
translate and describe their unique strategy.
PMA: See President’s Management Agenda below.
Point of view: See perspective above.
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