Competition is very high in the modern world. Every organization strive to achieve higher productivity. This is possible only with human resources in the organization. Organization need to keep relatively high standards to achieve and the same should be clearly informed to all the employees. The performance management system (PMS) in the organization should be effective and educative to all. In this paper an attempt is made to evaluate the perceptions of Executives on how do they perceive PMS in NTPC, Simhadri, Visakhapatnam. This research article is a part of the author’s thesis work.