percentage completion
Percentage completion is a way to express how much of a task or project has been finished compared to the total amount required. It is often represented as a number between 0% and 100%, where 0% means nothing has been done, and 100% indicates that the task is fully completed. This metric helps individuals and teams track progress and manage their time effectively.
In project management, percentage completion can be used to assess the status of various phases of a project, such as construction, software development, or event planning. By calculating the percentage completion, stakeholders can make informed decisions about resource allocation and timelines, ensuring that projects stay on track.