Contract On-Time Completion Rate metric
Determines the schedule efficiency by comparing the contracts that are completed on or ahead of schedule to the total number of completed contracts.
Details of the metric | Description |
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Name | Contract On-Time Completion Rate |
Category | Operational |
Analysis objective | Calculates the contract on-time completion rate by comparing the percentage of contracts that are completed on time or ahead of schedule to the total number of completed contracts. Contracts that re completed late are not considered. The goal is to get a completion rate as near as possible to 100%. |
Description | Through knowing the contract on-time completion rate, for example, by vendor, organizations can work to improve vendor performance. |
Source | Customer Focus Group |
Measurement | Total contracts completed on-time / total number contracts |
Dependent data that is calculated | Contract completed on-time = Actual End Date (triFinalCompletionDA) < Planned End Date (triContractEndDA) |
Roles |
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Display chart types | Score-based: Horizontal Stacked Bar Chart |
Thresholds |
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Fact details | Module: triMetricFact Business Object: triCapitalProjectContractFact Metric Queries: triCapitalProjectContractFact – Metric – Contract On-Time Completion Rate (Score) |
Drill paths |
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Interactive filters |
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Static filters | Completed Contracts |
Time | Months |
Data point refresh rate | Monthly |