As a recipient of funding from the DOLETA TAACCCT Grants Program, Washburn University, the lead institution of the TRAC‐7 Consortium, compiles data from the seven industry‐specific programs and submits quarterly and annual reports as one entity. TAACCCT Grants include numerous and comprehensive measurement and monitoring systems. These include both numerical data and narrative summaries of grant performance by individual institution and for the entire consortium. The purpose of this paper is to describe the systems processes that the TRAC‐7 Consortium developed to create a common understanding of the data needed to accurately capture grantee performance and the innovative performance management system that was developed from these processes to better evaluate the interconnectedness of elements. A systems thinking perspective provided the foundation for the continuous improvement process to identify patterns and report consistent and valid performance data across a consortium of diverse institutions, and narratives that accurately communicated successes. This paper discusses how resources at the lead institution were leveraged to create the performance management system, and features the audience may find advantageous over commercially available or third‐party developed software.#AssessmentinHigherEducation #2014Conference #TAACCCT #PerformanceManagement