Test and checkout systems are essential components in ensuring safety and reliability of aircraft and related systems for space missions. A variety of systems, developed over several years, are in use at the NASA/KSC. Many of these systems are configured as distributed data processing systems with the functionality spread over several multiprocessor nodes interconnected through networks. To be cost-effective, a system should take the least amount of resource and perform a given testing task in the least amount of time. There are two aspects of performance evaluation: monitoring and benchmarking. While monitoring is valuable to system administrators in operating and maintaining, benchmarking is important in designing and upgrading computer-based systems. These two aspects of performance evaluation are the foci of this project. This paper first discusses various issues related to software, hardware, and hybrid performance monitoring as applicable to distributed systems, and specifically to the TCMS (Test Control and Monitoring System). Next, a comparison of several probing instructions are made to show that the hybrid monitoring technique developed by the NIST (National Institutes for Standards and Technology) is the least intrusive and takes only one-fourth of the time taken by software monitoring probes. In the rest of the paper, issues related to benchmarking a distributed system have been discussed and finally a prescription for developing a micro-benchmark for the TCMS has been provided.