Add to ORKGAbstract: Performance management is not a new methodology. In fact, there is no unique performance management methodology. It is an integrated concept comprised of many separated methodologies. Those individual methodologies should and must be integrated, linked and applied together, since this is the only way they can achieve its own full performance. More importantly, their integration and enhancement achieved through the performance management methodology provides the synergy that creates superior business performance as a whole. This paper will present the most important methodologies that represent an integral part of performance management methodology