What Does PAR Stand For?
PAR stands for Performance Assurance Requirements
Performance Assurance Requirements (PAR) refer to the critical standards and criteria established to ensure that products, services, or systems meet specified performance expectations. These requirements outline measurable goals for reliability, efficiency, and effectiveness, serving as a framework for evaluating and enhancing performance throughout the lifecycle of a project. By focusing on PAR, organizations can systematically identify potential issues, ensure compliance with industry standards, and drive continuous improvement initiatives.
Added on 14th April 2008 | Last edited on 18th June 2025 | Edit Acronym