Project Management

Review and Comparison of Performance Measurement Systems

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Executive Summary

This paper is to analyze, compare and summarize the strong and weak points of the most widely cited performance measurement systems on the basis of literature review. Specifically, the literature review was conducted with the goal to searching papers and case studies that are directly or indirectly concerned with performance measurement systems or models. Based on different background, characteristics and premises, comprehensive view on strengths and weaknesses of each system in the aspect of performance measurement is provided. The performed analysis presents that every conceptual performance measurement system has a clear theoretical background, but seldom provides detailed guidance on how a company should design its unique model.

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