What is On Time Completion Percentage?
On Time Completion Percentage is a metric that measures the percentage of tasks that were completed on time. On Time Completion Percentage is calculated by dividing the number of tasks completed on time by the total number of tasks in a project. For example: If you completed 4 out of 5 tasks on time , then your On Time Completion Percentage would be 80%.
On Time Completion % = (Number of tasks completed on time / Total number of tasks created) x 100
It is essential to know what this means for your business because it can help you understand how efficient the project team is. If the On Time Completion Percentage is low, then your company is costing itself money by not being able to deliver on time. This could lead to poor customer service and lost customers.
Why Is On Time Completion Percentage Important?
It is important to know how many projects you are completing on time because it helps you understand what your team can do and how they work best.
If you have a lower completion percentage than expected, it could be a sign that you need to re-evaluate the way you are managing your team or the project itself. For example, maybe it is taking too long to get all the necessary approvals before starting a project. Or maybe it is just taking longer than expected to complete tasks, which means that your team members are not working at their full capacity. Maybe your team needs tools like standard operating procedures and checklists to help guide their work.
On the other hand, if you have a higher completion percentage than expected, that might mean that your team is doing well under pressure—or maybe even better than other teams at your company as a whole. It also may mean that your team has found faster ways of completing tasks without sacrificing quality of work or productivity.
How Do I Raise a Low On Time Completion Percentage?
If you are having trouble with your On Time Completion Percentage, there are a few things you can do to make sure you are on track.
First, check in with your team and see if they have any suggestions for how to improve. Sometimes, it is as simple as setting a better deadline or changing the way you communicate with each other.
If that does not work, it may be time to talk about taking a break or getting some help from someone else in your organization who is more experienced in this area.
Finally, if you have tried everything and still cannot seem to get the completion percentage up, it may be time to take another look at the project itself — you may have underestimated its complexity or overestimated your resources when planning it out.
