Performance is an act of performing the given activities, tasks, or works by a person, machine, or facility that is the measurable results of the activities, processes, products, services, systems, and organisations, and able to achieve. The Performance is how well manage or control a given task measured against preset known standard of accuracy, completeness, cost, and time frame. The Performance is deemed to be the fulfillment of an obligation, in a manner that releases the performer from all liabilities under the contract.
Related Definitions in the Project: The Project Management
