What is a Performance Goal? A Legal Perspective

Definition & Meaning

A performance goal is a specific target level of achievement that is measurable and tangible. It serves as a benchmark against which actual performance can be assessed. These goals can be expressed in quantitative terms, such as a specific number, value, or rate, allowing for clear comparison between expected and actual outcomes.

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Real-world examples

Here are a couple of examples of abatement:

1. An employee is given a performance goal to increase sales by twenty percent over the next quarter. This goal is specific, measurable, and time-bound.

2. A contractor agrees to complete a project within six months, with a performance goal of staying within budget and meeting specified quality standards (hypothetical example).

What to do if this term applies to you

If you are setting or evaluating performance goals, ensure they are specific, measurable, and aligned with overall objectives. Consider using templates from US Legal Forms to create clear agreements that outline these goals. If the situation is complex or involves legal implications, consulting a legal professional may be beneficial.

Quick facts

Attribute Details
Common Use Employment evaluations, contracts, public policy
Measurable Yes, typically expressed in quantitative terms
Timeframe Often includes a specific deadline

Key takeaways

Frequently asked questions

Performance goals help individuals and organizations measure progress and improve performance by providing clear targets.