Grant Fritchey describes a couple built-in options for monitoring query performance:
It’s not enough to know that you have a slow query or queries. You need to know exactly how slow they are. You must measure. You need to know how long they take to run and you need to know how many resources are used while they run. You need to know these numbers in order to be able to determine if, after you do something to try to help the query, you’ll know whether or not you’ve improved performance. To measure the performance of queries, you have a number of choices. Each choice has positives and negatives associated with them. I’m going to run through my preferred mechanisms for measuring query performance and outline why. I’ll also list some of the other mechanisms you have available and tell you why I don’t like them. Let’s get started.
This is an intro-level blog post, so Grant doesn’t go into much detail, but he does provide some good links for getting started.