Reliability and product process quality are essential in meeting market demand and enhancing competitiveness in the machine tool industry. In addition, manufacturing time performance is also one of the important indices. Therefore, this paper focuses on process quality and manufacturing time and defines a manufacturing time performance index to feedback the acceptance rate of the manufacturing time. The process performance evaluation chart delineated the observations of variations in various workstations, and, hence, in controlling the stability of the work process. The Six Sigma quality indices are constructed by the process accuracy indices and precision indices are represented by X-axis and Y-axis respectively. The process quality evaluation chart evaluates the level of the process quality, as well as proposes the direction of improvement. The manufacturing time performance—Z-axis is used to assess whether the manufacturing time performance meets the requirements. The process performance evaluation chart constructed by this paper makes it easier for researchers to observe which workstations have a process variation in the process, to control the stability of the process effectively, to provide the improvement reference for staff on the scene and to enhance the competitiveness of the industry.