What term describes the overall strategy behind managing process performance?

The term that accurately describes the overall strategy behind managing process performance is process control. This concept involves monitoring and adjusting processes to ensure they operate within desired parameters and achieve optimal performance. It encompasses a variety of techniques and mechanisms that allow for real-time adjustments and improvements to enhance efficiency, productivity, and quality of outputs.

Process control ensures that processes consistently meet specified standards and can respond dynamically to variations by implementing feedback loops, which is crucial for maintaining performance over time. It also focuses on analyzing the data generated by processes to inform decision-making, thus enabling better management of resources and continuous improvement.

In contrast, process optimization specifically refers to the effort to improve processes and make them as efficient as possible, while system engineering is a broader discipline that focuses on the design and management of complex systems. Data management generally deals with the organization and governance of data but does not specifically address the strategies related to managing process performance.