Example: metrics charter for a payments platform team

A worked example of a metrics charter, the kind of one-page document described in topic 1.4, Metrics governance and ownership. The point is the shape: a stated purpose, an explicit non-goal, named owners, and a review cadence. A charter this short is meant to be read, not filed.

  • Team: Payments platform
  • Owner: Platform engineering manager
  • Reviewed: Quarterly, at the platform review

Purpose

This charter governs the metrics the payments platform team tracks about its own delivery and reliability. It exists so that everyone, inside and outside the team, can see what is measured, why, and what it is not for.

What we track

MetricSource of truthOwner
Deployment frequencyCI/CD pipelinePlatform lead
Lead time for changesGit plus deployment pipelinePlatform lead
Change failure rateIncident tracker, tagged by deployOn-call lead
Failed deployment recovery timeIncident trackerOn-call lead
P99 API latency (SLI)Observability platformSRE lead
Error budget burnObservability platformSRE lead

Non-goals

These metrics are never used, individually or in combination, to rank engineers, evaluate performance reviews, or compare this team against another team’s roadmap without also comparing scope, staffing, and system maturity. Any use outside the purpose stated above requires sign-off from the engineering director and the team itself.

Guardrails

Every metric above that carries an incentive is paired with a guardrail. Lead time for changes is watched alongside change failure rate, so a team cannot improve its speed number by shipping riskier changes. Deployment frequency is watched alongside error budget burn, for the same reason.

Review cadence

The team reviews this charter every quarter. A metric that has not changed a decision in two consecutive quarters is a candidate for retirement.