For the PMBOK 5th Edition.
Using following books for reference: - Head First PMP 3rd Edition, Jennifer Greene, PMP & Andrew Stellman, PMP - PMP Project Management Professional Exam Study Guide, Kim Heldman, PMP
I am trying to understand the definitions of the following terms, and I'm also trying to understand the differences between each of the following terms, and how they relate to each other, and whether or not they overlap:
-Work Performance Data
-Work Performance Information
-Work Performance Reports
Could someone please correct me if I'm wrong?
Work Performance Data seems to be raw data that we directly get from "Direct and Manage Project Work Process" like the following:
% of work complete
status of deliverables
technical performance measurement
actual start and finish date of activities ( schedule progress to date )
number of change requests
number of defects
cost incurred to date
Is it correct to state that the Work Performance Data is raw data that basically tells us about work completed on the project to date?
Work Performance Information seems to go a step further, and yields the following data:
forecasts for completion dates associated with activities
forecasts for budget ( cost )
Is it correct to state that the Work Performance Information is forecast data that is based on raw data like Work Performance Data?
Work Performance Reports goes a step further by going to the giving more complex data like statistical data based on Work Performance Data and Work Performance Information, and Work Performance Reports could include status, reports, memos, updates, etc.
Earned Value Calculations
Variance Analysis
Are the above definitions, and explanation of differences between terms correct?