Progress value calculation
Summarize
Summary of Progress Value Calculation
The progress value of goals in ServiceNow is automatically calculated using specific formulas based on the structure of the goal, whether it includes only targets, a mix of targets and sub-goals, and the status of the weighted average calculation feature.
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Key Features
- Goals with Targets Only: If a goal consists solely of targets, the progress value is calculated by averaging the progress of all targets.
- Goals with Sub-goals and Targets: For goals that include both sub-goals and targets, the formula aggregates their progress values.
- Weighted Average Calculation: When the weighted average feature is enabled, the impact of each target or sub-goal is considered based on defined weight scales.
Key Outcomes
By understanding these calculations, ServiceNow customers can accurately assess goal progress, ensuring that targets and sub-goals contribute appropriately to overall goal performance. For example, if a goal has multiple targets with varying impacts, the progress is derived from their weighted contributions, enhancing the precision of goal management.
The progress or percentage complete value of goals is auto-calculated using different formulas. The formula depends on whether the goal has only targets, a combination of sub-goals and targets, and if it has weighted average calculation enabled.
| Scenario | Formula used to calculate the progress value of the goal |
|---|---|
|
Progress value of the goal = Sum of progress values of its associated targets / number of targets |
|
Progress value of the goal = Sum of progress values of its sub-goals and associated targets / number of sub-goals and targets |
|
Progress value of the goal = [(Progress of target 1 * Weight scale of target 1) + (Progress of target 2 * Weight scale of target 2)] / (Weight scale of target 1 + Weight scale of target
2) |
|
Progress value of the goal = [(Progress of sub-goal 1 * Weight scale of sub-goal 1) + (Progress of sub-goal 2 * Weight scale of sub-goal 2) + (Progress of target 1 * Weight scale of target 1) + (Progress
of target 2 * Weight scale of target 2)] / (Weight scale of sub-goal 1 + Weight scale of sub-goal 2 + Weight scale of target 1 + Weight scale of target 2) |
- Contribution of T1 towards G1 progress = 2/(2+3)*40 = 16%
- Contribution of T2 towards G1 progress = 3/(2+3)*20 = 12%
- Therefore, Progress of G1 = 16% +12% = 28%