Completion Rate Calculator
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What is Completion Rate?
Completion rate is a key performance indicator (KPI) that measures the percentage of tasks, goals, or objectives that have been successfully finished out of the total number of tasks that were intended to be completed within a specific timeframe or project. It's a fundamental metric used across various fields, including project management, customer service, education, and software development, to gauge efficiency, productivity, and success.
A high completion rate generally indicates effective planning, resource allocation, and execution. Conversely, a low completion rate might signal issues with scope creep, inadequate resources, unrealistic timelines, or process inefficiencies.
How to Calculate Completion Rate:
The formula for calculating completion rate is straightforward:
Completion Rate (%) = (Number of Tasks Completed / Total Number of Tasks) * 100
For example, if a team was assigned 100 tasks and successfully completed 85 of them, their completion rate would be (85 / 100) * 100 = 85%. This metric helps in evaluating performance, identifying areas for improvement, and setting realistic future targets.