LA1(6) Utilization Rate (Engineering)
Percentage
| Performance Measure | 2002/2003 | 2003/2004 | 2004/2005 |
| Utilization Rate (targets) | 79 | 82 | 83 |
| Utilization Rate (actuals) | 81 | 84 | |
| Definition | Utilization Rate is the billable hours divided by total hours worked. | ||
| Variance Explanation | The 2004/2005 target has been revised from 80-85 to 83 to move towards first quartile when compared to other engineering firms. The Utilization rate is higher than plan due to an increase in billable hours. | ||
| Benchmark Comparison | No benchmark data available. | ||
Last Modified: Jul 12, 2004
