Definitions for "Percent Complete"
Keywords:  ially, wst, pmk, completion, estimate
The estimated or measured completion status of a process or project used to analyze the probability of meeting a projected date, or in initiating a contracted progress payment.
This value can be used in several ways, the reported percent complete is the project managers estimate of how complete the project is. The calculated percent complete reflects how much of the budget has already been consumed by work completed on the project.
a measure of the completion status of a partially completed activity. May be aggregated to sections of a project or the whole project.