Which set of performance measures are most appropriate?

For example, a target for a senior auditor may be:

To prepare and implement a new and revised audit manual that complies with best practice and adopted audit standards by date X (using 100 audit hours).

Attached to this would be various performance measures that could form the basis of reviewing the extent to which the targets have been achieved. These measures could include:

a. MEASURES 1. Time budget – the work to be done as soon as practicable.

2. Timeframe – the due date should be kept under review.

3. Qualitative – all key areas in line with professional audit standards should be covered.

4. Acceptable – the draft manual should be accepted by audit management.

5. Implemented – plan to get the document implemented should be drawn up and achieved.

b. MEASURES 1. Time budget – one-third of work should be done by 33 hours, one-half by 50 hours etc.

2. Timeframe – the due date should be kept under review.

3. Qualitative – all key areas in line with professional audit standards should be covered.

4. Acceptable – the draft manual should be prepared quickly.

5. Implemented – plan to get the document implemented should be drawn up and achieved.

c. MEASURES 1. Time budget – one-third of work should be done by 33 hours, one-half by 50 hours etc.
2. Timeframe – the due date should be kept under review.
3. Qualitative – most areas should be covered.
4. Acceptable – the draft manual should be accepted by audit management.
5. Implemented – plan to get the document implemented should be drawn up and achieved.

d. MEASURES 1. Time budget – one-third of work should be done by 33 hours, one-half by 50 hours etc.
2. Timeframe – the due date should be kept under review.
3. Qualitative – all key areas in line with professional audit standards should be covered.
4. Acceptable – the draft manual should be accepted by audit management.
5. Implemented – plan to get the document implemented should be drawn up and achieved.