Calculating Percent Complete and Percent Risk

Percent complete uses all of the information that TrafficLIVE knows to determine how complete a job actually is. Percent risk indicates the extent to which the figure that is produced as the percentage complete is reliable.

The accuracy of the percent complete number is related to the accuracy of the information that TrafficLIVE contains; however, it can recognize risk indicators that it uses to apply a confidence rating to the figure that it produces.

The percent complete calculation is based on the actual hours completed, expressed as a percentage of the higher value of studio hours or hours that are scheduled to the task.

There are additional rules:
  • A task that you mark as complete is automatically 100% complete, regardless of the hours completed, planned, or scheduled.
  • If the actual hours exceed planned hours, the percentage cannot exceed 100% for any given task.

Examples

Task Description % Complete
Task 1
  • 10 hours completed
  • Studio hours (that is, your best re-estimate) = 20 hours
  • 40 hours are scheduled to the task
This task is 25% complete (10/40).
Task 2
  • 10 hours completed
  • Studio hours (that is, your best re-estimate) = 20 hours
  • 40 hours are scheduled to the task. The task is marked as complete.
This task is 100% complete as the task complete value "wins."
Task 3
  • 10 hours completed
  • Studio hours (that is, your best re-estimate) = 20 hours
  • 20 hours are scheduled to the task
This task is 50% complete (10/20).
Task 4
  • 100 hours completed
  • Studio hours (that is, your best re-estimate) = 20 hours
  • 40 hours are scheduled to the task
This task is 100% complete, because tasks cannot be more than 100% complete.

Risk Percentage

In addition to percentage complete, TrafficLIVE displays a risk percentage. This indicates the extent to which the figure that is produced as the percentage complete is reliable.

The following risk factors are available:
  • Happy rating
  • The task is running over its original estimated time

The risk rating runs from 0%-100%.

A job that is unhappy carries an additional 30% risk rating.

For each task that is over its estimate, the remaining 70% is apportioned depending on the number of tasks that are over their estimates.

Examples

Four tasks; two are over their estimates. The job is 50% at risk.

Four tasks; two are over their estimates; the job is unhappy. The job is 80% at risk (50 + 30% loading for unhappy).