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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
 
 
 
 
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
 
 
 
Home » Glossary » What is Task Completion Rate
What is Task Completion Rate  

What is Task Completion Rate



 
 

Task Completion Rate is a metric that defines a progress achieved on a desired task scenario with clear success criteria. Successful task scenario comprises a specification of work that you need to accomplish when working at this task – it includes a list of results to be obtained, where each result is associated with appropriate percentage (or grade) of task completion. By controlling the current level of achievements you can identify task completion rate at every point of time. For example task completion rate can be 100% when a task executer completes it successfully or 0% when this task is not started yet, or completely failed. 

The grade of completeness can be associated with: 

  • A value of certain step or result within a task plan. For example if you have a task that contains 3 sub-tasks, then only one of these sub-tasks can worth 40% of overall task completion (the major contribution towards completion), while two other sub-tasks are valued at 30%. 
  • A milestone in a task completion map. For example if your task is comprised of 10 steps, then every step can be scored as 10% of completion, so when you reach the 3rd step of a task, your task completion rate is equal to 30% and so on. 

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