Cost Value: The cost required to produce the item.

Esteem Value: Aesthetic features or properties which attract a customer to own it.

Use Value: The properties and qualities which are useful and which enable to accomplish the work. Use Value again may be either for primary use, secondary use or for auxiliary use.

Value Engineering: It is an organized creative technique to analyze functions of a product or service or a system.

Performance Improvement: It is any effort targeted at closing the gap between actual results and desired results.

Performance Problem: A performance problem is any gap between desired results and actual results.

Integrated Business Planning: Integrated Business Planning (IBP) refers to the technologies, applications and processes of connecting the planning function across the enterprise to improve organizational alignment and financial performance.

Operation Performance Management: Operational Performance Management (OPM) focuses on creating methodical and predictable ways to improve business results, or performance, across organizations.

Business Performance Management: Business Performance Management (BPM) is a set of processes that help businesses discover efficient use of their business units, financial, human and material resources.

Application Performance Management: Application Performance Management (APM) refers to the discipline within systems management that focuses on monitoring and managing the performance and availability of software applications.

Performance Coaching: In performance coaching, a manager intervenes to give feedback and adjust performance.

Performance Planning: In performance planning goals and objectives are established.

Performance Management: It is the process of assessing progress toward achieving predetermined goals.

Assessment centre: One of the modern methods of performance appraisal. This method test candidates in a social situation by a number of assessors, using a variety of criteria. This method is useful in measuring inter-personal skills, organizing and planning ability, creativity, resistance to stress, work motivation, decision making power, etc.