What is the purpose of "performance measurement" in COBIT?

The purpose of "performance measurement" in COBIT is to assess the effectiveness of governance and management practices. This function is crucial because it enables organizations to determine how well they are achieving their strategic goals and objectives, and whether their governance and management frameworks are functioning effectively.

Performance measurement provides a systematic approach to evaluate various processes, practices, and outcomes against established criteria and benchmarks. By doing this, organizations can identify strengths and weaknesses, enabling them to make informed decisions regarding improvements, resource allocation, and risk management. Furthermore, effective measurement helps ensure transparency and accountability, fostering trust among stakeholders and facilitating better communication around organizational performance.

This understanding is essential for organizations striving for continuous improvement and alignment of IT with business goals, as defined by the COBIT framework.