Project Performance definition

Project Performance. We evaluate to ensure all quality standards have been met. We will consistently evaluate projects in real time to track: • Objectives • Quality Deliverables • Cost Tracking • Performance
Sample 1
Project Performance. The two−pipe central plant system replaced was in extremely poor condition and operated erratically, thus historical utility costs were running significantly below typical for a building of this size and use. Clear Energy predicted annual energy savings of $35,000.00. Annual energy savings achieved was $36,000.00, based on an analysis of utility xxxxxxxx for the first 12−months after project completion. Significant maintenance savings were realized in addition to the energy savings. Resolution of the water leak reduced the annual cost of water for the building by approximately $24,000.00. Of more significance is the overall energy performance of this 50−year old facility as compared to a typical K−12 school building. During the first 12−months of operation after the retrofit project, the building’s actual consumption was 24 kBtus of energy per square foot annually, which qualifies it as a high−performing facility. A good performing facility in this region of the country would consume approximately 45 kBtus of energy per square foot annually. Measurement and Verification: Was completed for the first 12 months after completion of construction and resulted in the findings stated above. Performance Guarantee: A performance guarantee was not a part of the project. Additional Comments: Clear Energy instituted a mechanical equipment specification and bidding process that ultimately reduced the construction cost by approximately $200,000.00 while achieving superior energy savings. Alternate specifications for the water source heat pump equipment were developed with the final decision based on an economic evaluation of additional savings compared to the bid cost of the different units specified. The economic analysis indicated that the option yielding the greatest return on investment were two−stage units rather than fully variable speed units with marginally higher efficiency ratings.
Sample 1

Examples of Project Performance in a sentence

  • Project Performance Metrics (Attachment 11)The purpose of this questionnaire is to identify and document 5-7 performance targets for the project.

  • For contracts of one (1) year or less, the Project Performance Assessment Form shall be submitted within six (6) months of signing and at project completion.

  • The State Contract Manager is responsible for completion of the Project Performance Assessment Form for submission to the CCAU Unit of the Division, with a copy to the Associate Director of OMB; the Project Performance Assessment Form shall be submitted annually for multi-year contracts and at their completion.

  • Monitoring Project Performance...........................................................................................................

  • Project Performance Assessment In addition, recipients are required to report on their progress addressing the goals and objectives identified in your Project Narrative.

  • If grant monies are advanced and not expended, the unused portion of the grant shall be returned to the State within 60 days of completion of the Project or end of the Project Performance Period, whichever is earlier.

  • National Project Performance Guarantee: Provide a guarantee on AABC's "National Standards for Testing and Balancing Heating, Ventilating, and Air Conditioning Systems" forms stating that AABC will assist in completing requirements of the Contract Documents if TAB firm fails to comply with the Contract Documents.

  • This field is required if the Project Performance Site is located in the United States.

  • Guidelines for the Preparation of Project Performance Evaluation Reports on Nonsovereign Operations.

  • Guidelines for the Preparation of Project Performance Audit Reports.

Related to Project Performance

  • Unsatisfactory Performance means any of the following:

  • Basket Performance means a decimal number calculated by applying the following formula: X ⎛ Underlyingi,FINAL ⎞⎜⎟BP = ∑⎜ Wi × Underlying ⎟i=1 ⎝i,INITIAL ⎠ where: BP = Basket Performance X = 2 Wi = Weighting of the relevant Underlying Underlying i,FINAL Underlying i,INITIAL= Reference Price of the relevant Underlying with respect to the Valuation Date = Initial Price of the relevant Underlying

  • Underlying Performance means in relation to the Valuation Date a decimal number calculated by applying the following formula: UP =Underlying FINAL Underlying INITIAL where: UP = Underlying Performance with respect to the Valuation Date UnderlyingFINAL UnderlyingINITIAL= Reference Price of the Underlying with respect to the Valuation Date = Initial Price of the Underlying

  • Total Performance means the date of the City’s acceptance of the Work in writing as fully performed according to the Contract Documents; and

  • Index Performance means, in relation to an Index and an Auto-Call Valuation Date or the Valuation Date, as the case may be, a percentage calculated by the Calculation Agent in respect of such date in accordance with the following formula: Index Performance =Final Index Level × 100% Initial Index Level

  • Substantial Performance means the stage of completion when:(a) all Work, as certified by the Contract Administrator, is capable of completion or correction at a cost of not more than:

  • human performance means human capabilities and limitations which have an impact on the safety and efficiency of aeronautical operations;

  • Environmental Performance means all or any of the following: the consumption of energy and associated generation of greenhouse gas emissions; the consumption of water; waste generation and management; and any other environmental impact arising from the use or operation of the Premises or the Estate;

  • Sexually explicit performance means a live or public act or show intended to arouse or satisfy the sexual desires or appeal to the prurient interest of patrons.

  • Control Performance Standard or “CPS” shall mean the reliability standard that sets the limits of a Balancing Authority’s Area Control Error over a specified time period.

  • Capacity Performance Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(a).

  • Key Performance Indicators or “KPIs” means the performance measurements and targets set out in Part 3 of Schedule 1 (Services) of this Framework Agreement;

  • Key Performance Indicator means a measure that captures the performance of a critical variable to expand and improve community-based corrections programs to promote offender success, ensure accountability, enhance public safety, and reduce recidivism.

  • Extreme performance coating means coatings designed for harsh exposure or extreme environmental conditions.

  • Energy Performance Score means the numeric rating generated by Portfolio Manager that compares the Energy usage of the building to that of similar buildings.

  • Performance has the meaning ascribed to it in the Copyright Act 98 of 1978, as amended from time to time, and the words “Perform” and “Performed” and “Performing” will have the same meaning

  • Standard of performance means a standard for emission of air pollutants which reflects the degree of emission limitation achievable through the application of the best system of emission reduction which (taking into account the cost of achieving such reduction) the Director determines has been adequately demonstrated.

  • Worst Performing Index means the Index for which the performance is the lowest in accordance with the definition of WOfinal

  • Subprojects means more than one such Subproject.

  • Project Milestones means the project milestones set forth in Schedule-G;

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Annual performance report means a written appraisal of the teaching staff member's performance prepared by the teaching staff member’s designated supervisor based on the evaluation rubric for his or her position.

  • Development Project means a project for the development of land within a

  • Performance Monitoring System has the meaning given to it in paragraph 1.1.2 in Part B of Schedule 6 (Service Levels, Service Credits and Performance Monitoring);

  • Energy savings performance contract means a contract under which the rate of payments is based upon energy and operational cost savings and a stipulated maximum energy consumption level over the life of the contract.

  • Financial Performance Covenants means the covenants of the Borrower set forth in Section 10.11.