Final answer:
In team performance management, focus is given to the task, the processes, and importantly, the relationships among team members.
Step-by-step explanation:
The performance management of teams should indeed focus on three fundamental elements: the task, the processes, and the relationships. Performance management is not only about what is being achieved (the task), but also about how it is being achieved (the processes) and who is interacting with whom to get the work done (the relationships). These relationships are vital for team cohesiveness and can significantly impact productivity and team morale. By managing relationships effectively, teams can ensure better communication, conflict resolution, and ultimately, a more successful execution of tasks and processes.