Performance metrics are measurable values that help organizations assess how well they are achieving their goals. These metrics can include various indicators, such as sales growth, customer satisfaction, and employee productivity. By tracking these numbers, businesses can identify areas for improvement and make informed decisions to enhance their overall performance. In the context of project management, performance metrics can help teams evaluate the success of their projects. For example, metrics like on-time delivery and budget adherence provide insights into how effectively a project is being executed. By analyzing these metrics, teams can adjust their strategies to ensure better outcomes in future projects.