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Which method of averaging for management reporting

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  1. #1
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    07-02-2005
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    Which method of averaging for management reporting

    Hi all, I have a question which I have been pondering on.

    Assuming the below performance report:

    Day 1
    Actual 1
    Target 1
    Achieve 1/1 = 100%

    Day 2
    Actual 1
    Target 1
    Achieve 1/1 = 100%

    Day 3
    Actual 9
    Target 10
    Achieve 9/10 = 90%

    Which method do you use to report the Achievement for the 3 days?
    1. Do you take the average of 100%,100%,90% to give 97%
    OR
    2. Do you sum Actual (Day1+Day2+Day3 = 11) / Target (Day1+Day2+Day3 =12) to give 92%

    Mods/Admins - please delete this thread if you think it is not appropriately posted. Thanks.
    Last edited by ernestgoh; 02-22-2010 at 03:08 PM.

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