Specific analytical objectives of performance analysis are as follows:
- Performance Description: It is an accurate and meaningful presentation of performance information in order to obtain a good understanding of the current performance status.
- Performance Monitoring: It is the presentation of performance change over time in order to identify the direction and the development of the performance, and more importantly, to detect any sign of underperformance.
- Performance Understanding: It is to specify the causes of performance (or underperformance) and to develop proper strategies for performance improvement.
- Performance Evaluation: It is an assessment of the impact of performance enhancement initiatives, which include policies, programs, or practices designed for performance improvement.