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TeachMeFinance.com - explain Performance indicator Performance indicator The term 'Performance indicator' as it applies to the area of nuclear science can be defined as ' A quantitative measure of a particular attribute of licensee performance that shows how well a plant is performing when measured against established thresholds. Licensees submit their data quarterly; the NRC regularly conducts inspections to verify the submittals and then uses its own inspection data plus the licensees' submittals to assess each plant's performance. For additional detail, see Assessment of Performance, What is a performance indicator? and Reactor Performance Assessment Basics. '. Previous 5 Terms: Perforated pipe Performance Performance Assessment Performance Based Inspection System (PBIS) Performance Improvement Projects Next 5 Terms: Performance Measure Performance Measures Performance-based regulation Performance-based regulatory action perigean range About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.