Performance Management in an enterprise can refer to several distinct topics. With regard to employee performance, Performance Management describes the handling of employee performance evaluations, reviews and general feedback in a structured, well-organized manner.

When referring to business performance, Business Performance Management (BPM) refers to an enterprise's ability to build processes and applications that facilitate creation of goals, creation of operational strategies and the ability to monitor key indicators that provide timely and continuous feedback on whether the operational strategies are successful at implementation of the goals and objectives set by executive management.