Reliability, power consumption and timing performance are key concerns for today's integrated circuits. Measurement techniques capable of quantifying the timing characteristics of a circuit, while it is operating, facilitate a range of benefits. Delay variation due to environmental and operational conditions, and degradation can be monitored by tracking changes in timing performance. Using the measurements in a closed-loop to control power supply voltage or clock frequency allows for the reduction of timing safety margins, leading to improvements in power consumption or throughput performance through the exploitation of better-than worst-case operation.

This thesis describes a novel online timing slack measurement method which can directly measure the timing performance of a circuit, accurately and with minimal overhead. Enhancements allow for the improvement of absolute accuracy and resolution. A compilation flow is reported that can automatically instrument arbitrary circuits on FPGAs with the measurement circuitry. On its own this measurement method is able to track the "health" of an integrated circuit, from commissioning through its lifetime, warning of impending failure or instigating pre-emptive degradation mitigation techniques.

The use of the measurement method in a closed-loop dynamic voltage and frequency scaling scheme has been demonstrated, achieving significant improvements in power consumption and throughput performance.