Which process involves the performance assessment and measurement of project outcomes?

The process that involves the performance assessment and measurement of project outcomes is best represented by project assessment. Project assessment focuses on evaluating the results of project activities against the defined objectives and metrics. This includes analyzing whether the project outcomes meet the specified quality standards, are delivered on time, and fall within budget constraints.

Project assessment entails reviewing and determining the effectiveness of project implementations, often including methods for measuring success and identifying areas for improvement. It provides stakeholders with valuable insights into the project's performance, which can inform future projects and help refine existing processes.

In contrast, risk management primarily involves identifying, analyzing, and responding to potential risks that may affect the project, rather than measuring outcomes. Quality management focuses on ensuring the outputs meet certain standards and improving processes, while project planning centers around defining project scope, objectives, and the roadmap for execution rather than assessing the outcomes post-implementation.