"projection is based" is a grammatically correct and usable phrase in written English.
It typically describes a situation where something (such as a plan or prediction) is founded or relies on certain factors or assumptions. Example: The company's financial projection is based on the assumption that there will be a steady increase in consumer spending.
That projection is based on data being compiled by the Bureau of Reclamation.
And even that projection is based on quite pessimistic assumptions about future economic growth and hence future payroll tax receipts.
That projection is based partly on lost overseas sales, which Glenn Reicin, an analyst at Morgan Stanley, had forecast to be $125 million this year.
That projection is based on International Monetary Fund predictions of double-digit annual economic growth rates in China for the foreseeable future.
The projection is based on the fact that the number of reported cases has more than doubled from just under 3,600 to nearly 7,500.
The projection is based on a 28% year-on-year rise in such delays seen each year between 2010-11 and 2015-16, according to Incisive Health, a specialist health communications and policy firm.
The executives said the projection was based on the assumption that advertising would remain soft for the first half of the new fiscal year but strengthen modestly after that.
Officials said the projection was based on the assumption that the level of security now in place would continue throughout the year.
The projection was based, Dr. Muscatelli said, "on the assumption that fees in England would only rise to about £7,500 a year" — the government's target figure.
The one-second projection was based on computer modeling, Mr. Gribbon said Mr. Klein said that he sent Mr. Scoppetta a letter last week asking him to testify before the State Assembly about the closings' impact.
Shadow chancellor Ed Balls said the £13.5bn projection was based on "false assumptions about Labour's fiscal plans".
