PMI divides the information used in and produced by a project into three categories. In order of increasing refinement, they are:
- work performance data
- work performance information
- work performance reports.
We might start with the status report from a team member which has the number of hours worked and their estimated hours required to complete the task. That work performance data is processed by the project manager and combined with other facts into work performance information. That might be a variance report for a project showing the planned and actual completion date for all of the tasks and estimates for the final project completion.
The project manager takes that data and combines it with other facts to create a work performance report. These reports include a status report for presentation to the project sponsor or a recommendation on a change request.