PMBOK® Guide Sixth Edition defines work Performance Data as: The raw observations and measurements – identiﬁed during activities being performed to carry out the project work.
What is work performance information in project management?
Work performance information is the raw data of the project’s status. It refers to what percentage of work has been completed, how much time has elapsed, the cost incurred, and more. It provides us with the current status of the project.
What is the purpose of work performance data?
Work Performance Information Work performance information is used in the Monitoring and Controlling processes to analyze information such as the status of deliverables, the status of change requests, and forecasts such as estimate to complete (i.e., the work performance data).
Which data is collected in the work performance information?
Work Performance Data For PMP Students
Examples include reported percent of work physically completed, quality and technical performance measures, start and finish dates of scheduled activities, number of change requests, number of defects, actual costs, actual duration etc.
What is the best example of work performance data?
Examples of Work Performance Data are the actual cost spent, the actual time elapsed, etc. Examples of Work Performance Information are Cost Variance, Schedule Variance, Cost Performance Index, and Schedule Performance Index, etc.
What is the meaning of work performance?
Work performance is how well an individual performs a job, role, task or responsibility. … Performance is evaluated with respect to documented responsibilities, objectives, goals and reasonable expectations associated with a role, profession and industry.
What is performance data?
performance data means any rating, ranking, quotation, discussion or analysis regarding rate of return, yield, volatility or other measurement or description of the investment performance of a segregated fund.
How do you write an employee performance report?
How to write an employee evaluation
- Review the employee’s job description.
- Highlight areas of improvement.
- Compare strengths and weaknesses.
- Recommend actionable goals.
- Provide constructive feedback.
- Welcome employee input.
What is the difference between portfolio program and a project?
A program is a group of projects that are similar or related to one another, and which are often managed and coordinated as a group instead of independently. A portfolio is a group of different programs and/or projects within the same organization, which may be related or unrelated to one another.
What is alternative analysis in project management?
Alternative analysis is an examination of other ways the project activities may be accomplished. For instance different resources may be substituted. These substitutions may have an impact on other project constraints. Staff with lower skill levels could be used rather than experts.
What is Work Performance Index?
The schedule performance index (SPI) is a measure of how close the project is to being completed compared to the schedule. As a ratio it is calculated by dividing the budgeted cost of work performed, or earned value, by the planned value. For example: A project has a budgeted cost of £120,000.