Measuring resource utilization helps managers minimize administrative work, is usually the easiest metric to measure, and is the easiest to act on. If a resource is on the bench and not billing her time, at least the company can have her work on valuable internal projects or sales efforts. Calculating utilization in a services company
http://www.openair.com/home/OpenAirWhitePaper-CalculatingUtilization.pdf
Term Definition. Utilization rate is the percentage of time a person spends doing billable work. The utilization rate is not the billing rate. Billable hours are the number of working hours you can charge to your client, while the utilization rate is the percentage of total working hours that can be billed.
http://tenrox.com/glossary/utilization-rate/
utilization), but because not all time was billed back to the client, billable utilization might be closer to 70%. Level Three: Realization. “Realization” measures how much of a company’s revenue capacity was captured during a given project or. period of time.
http://www.openair.com/home/OpenAirWhitePaper-CalculatingUtilization.pdf
In its most simple form, utilization is a measure of time spent working. subset of time put on a timesheet. The denominator is all or a subset of hours that could have been worked. utilization) and the numerator (i.e., the baseline hours that someone could be utilized).
http://www.openair.com/home/OpenAirWhitePaper-CalculatingUtilization.pdf
Critical to measuring and managing against both overall and billable utilization is the understanding that time capturers are often not in control of their own destiny. Resource managers are responsible for staffing; the
http://www.openair.com/home/OpenAirWhitePaper-CalculatingUtilization.pdf
utilization), but because not all time was billed back to the client, billable utilization might be closer to 70%. Level Three: Realization “Realization” measures how much of a company’s revenue capacity was captured during a given project or
http://www.openair.com/home/OpenAirWhitePaper-CalculatingUtilization.pdf
Calculating utilization in a services company1 Overview Whether you’re running a consulting firm, software company, or other project -based organization, utilization
http://www.openair.com/home/OpenAirWhitePaper-CalculatingUtilization.pdf
Time Management Definition & Important Researchers. 1  Time management: The act of planning the amount of time you spend on which activities. 2  Managing time helps to increase productivity. 3  Carla Crutsinger: Author who defined effective time management processes. 4  Neil Shipman: Academic leader who described critical skills for time management.
https://study.com/academy/lesson/what-is-time-management-definition-examples-studies.html
Whether you’re running a consulting firm, software company, or other project -based organization, utilization. is an important issue for all services organizations. Maintaining high utilization of your employees drives higher. billings, higher revenue and ultimately, higher profits.
http://www.openair.com/home/OpenAirWhitePaper-CalculatingUtilization.pdf
time worked on client projects is considered utilized time, while time worked on any other project (e.g., internal company projects) is not. However, the delineation is often not that clear.
http://www.openair.com/home/OpenAirWhitePaper-CalculatingUtilization.pdf
time utilization definition
Utilization is a measure of time spent working.