Performance Score Formula:
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Performance Score is a metric that measures actual achievement against a predefined target, expressed as a percentage. It's commonly used in business, sales, and performance management to evaluate success against objectives.
The calculator uses the performance score formula:
Where:
Explanation: The formula calculates what percentage of the target was actually achieved. A score of 100% means the target was exactly met, above 100% means exceeded, and below 100% means underperformed.
Details: Performance scores provide a standardized way to measure and compare performance across different metrics, teams, or time periods. They help in identifying areas of strength and improvement opportunities.
Tips: Enter the achieved value and target value as positive numbers. The target must be greater than zero for the calculation to work.
Q1: What does a score above 100% mean?
A: A score above 100% indicates that the target was exceeded. For example, 120% means you achieved 20% more than your target.
Q2: How should I interpret a score below 100%?
A: Scores below 100% indicate underperformance. A score of 80% means you achieved only 80% of your target.
Q3: Can I use this for multiple metrics?
A: Yes, you can calculate scores for individual metrics and then average them for an overall performance score.
Q4: What if my target is zero?
A: The calculation is undefined when target is zero. You should set realistic, positive targets.
Q5: How precise is this calculation?
A: The calculator provides results to two decimal places, but you may round further depending on your needs.