Performance Trend definition
Performance Trend means a trend that, due to favourable or adverse performance, will result in a change to cost of the work performed or the earned value (ACWP, BCWP and/or estimate at completion) but will not result in an overall change to the scope of the work to be undertaken and is not usually regarded as a valid basis for Change Control but will manifest itself as a cost and/or schedule variance;
Examples of Performance Trend in a sentence
The format and production of this should be developed through a professional publisher but should include the following as a minimum: • Comments from Chair • General Performance Trend with Narrative • Examples of Success Stories • Shared Learning • Strategy Reminder • Tasks for the next quarter Each Thematic Partnership should also ensure that there is effective communication about performance and use of resources across the Partner agencies.