An index approach for federal agencies
A performance measurement index provides an innovative approach for federal agencies to focus on performance improvement in accordance with guidance from the Office of Management and Budget (OMB).
Deloitte’s Performance Measurement Index requires agency leaders to discuss how priorities and goals are aligned with programs, projects, and budgets. Weight and target scores are defined for each performance measure, objective, and goal, so that the agency can review actual performance at any level.
An index approach can align outcome-based strategic goals with performance measures, can be tailored for internal and external reporting needs, and allows agency leaders to set performance targets according to priorities and resources. By calculating an objective performance score each period, the index allows agencies to compare performance over time and identify trends that impact programs and projects.
Related Articles:
http://www.pmi.org/learning/library/performance-measurement-index-federal-agencies-6124