Performance analysis is an objective method of gathering the data of performance, and generally transforms these observations into numerical data. Performance indicators, as well as a selection or elements of sucessful outcome, have often been used in order to feedback augmented information in performance analysis systems, but they have rarely been considered within the classification of performance analysis systems based on timing of analysis and feedback. The main aim of this study is to investigate performance indicators used within real-time and lapsed time systems so that the definitions of the performance indicators, the effectiveness of the performance indicators, their reliability and validity within real time analysis systems can be analyzed.