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Project Performance Information Includes All Actual Results Compared to Plan

question 53

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Project performance information includes all actual results compared to plan as well as an examination of project methodology issues.


Definitions:

Consumption

The consumption of products and services by families, an essential element in measuring a nation's Gross Domestic Product (GDP).

Savings

The portion of disposable income not spent on consumption of goods and services, often placed in a deposit account.

Disposable Income

Funds apportioned to households for saving and spending after the settlement of income taxes.

Consumption

Domestic consumption of goods and services by households.

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