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The main purpose of a performance management process is to generate more profit for a business. This in achieved by linking people to performance and profit, and ensures that everyone will work together effectively to achieve success.

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Q: What is the purpose of a performance management process?
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What is meant by management process?

Management process refers to planning and controlling the performance or execution of an activity in an organization. There can be two types of management processes including; process management and project management. Process management deals with the performance and management system. Management process is conducted by the top management of the company. It is the most important process because it gives the control to management over the tasks of the company.


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