Work Utilization

IRI:

https://folio.openlegalstandard.org/RDOm7uyuCKhvuGGPF0usp02

Preferred Label N/A

Alternative Labels

Timekeeper Utilization Rate

Definition

Utilization is a metric often used in service industries to measure the percentage of a professional's working hours that are engaged in revenue-generating activities (billable). It is calculated by dividing the billable hours by the total available working hours. Utilization it usually expressed as a percentage, used to assess individual, team, or workforce efficiency and capacity utilization.

Class Relationships

Parent(s)

• Operational Metrics

Is Defined By

N/A

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Additional Information

Metadata

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Identifier

N/A

Deprecated

No

Source and Origin

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