Final answer:
In performance management, 'C. performance measurement' refers to the process of measuring how well current goals are being achieved, using established criteria for tracking progress and guiding future objectives. It's essential as a part of performance appraisals and for setting realistic and motivating goals.
Step-by-step explanation:
In performance management, the process of measuring the attainment of present goals is known as C. performance measurement. This involves establishing criteria to measure progress towards achieving specific objectives, which answers the question: "How will I know when it is accomplished?" Effective performance measurement requires clarity on the goals set and the methods used to gauge progress and success. This ties in with the annual performance evaluation, a formal process where an employee's achievements regarding set goals are reviewed. It includes recognizing which goals were met or exceeded and which were not. This assessment also plays a pivotal role in shaping future work goals and setting new targets for subsequent work periods.
Performance goals must be measurable and motivational, ensuring that progress can be tracked and that there is an incentive for accomplishment. They should also be achievable and appropriate, laying out a clear strategy for attainment. Performance appraisals, which make use of these measurements, document various aspects ranging from commendable achievements to areas requiring improvement, impacting decisions like pay increases or employment status.