Average Time to Approve Projects

Average Time to Approve Projects

Average time to approve projects is a key performance indicator that shows the project duration expressed as the difference between the date of actual project approving and Date Created (in hours or days).

Approval Time can be calculated by the formula below:

Approval Time = Approval Date – Date Created

This KPI helps to determine how much time it takes on average to approve projects.

If you need to view the average approval time of projects, you need to do the following:

• To enable the displaying of average time of projects for tasks follow the steps described at:

http://www.taskmanagementsoft.com/products/taskmanagerpro/tutorials/customization-guide/average-time-to-approve-tasks.php

• To enable the displaying of average time to approve projects select the root task group and click "Custom  fields options"



• In "Edit custom fields options" window select the following options:
  • select custom field name that shows the project cost, for example "Approval Time"
  • select "Enable"
  • check "Aggregated (for task group)
  • select "Average" and the custom field name "Approval Time"
  • click "Ok" button