How Do You Calculate Percentage of Goal

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how to calculate percentage of a goal

How Do You Calculate Percentage of Goal

It is dependent on the nature of your objective. Some goals, such as losing 10 pounds, are quite simple to achieve. In this situation, one pound equals 10%.

Most objectives, on the other hand, are not that straightforward. If you want to get married, trek to the top of a mountain, publish a book, earn a college diploma, or start a business, think about your goals. Because larger goals generally involve numerous steps or milestones, each of which may have a different structure, necessitate more or less effort, and take more or less time, calculating the percent of a goal is not a viable technique for achievement.

Consider the objective of earning a PhD degree, which appears to be straightforward on the surface. A student must complete 72 credit hours to earn the degree. On a pure percentage basis, you could be inclined to figure that after 60 hours of course work, you’ll be 83 percent finished with your degree. However, because the remaining 12 credit hours are ascribed to a student finishing a dissertation, that would be misleading.

When it comes to receiving a Ph.D., the dissertation is when the actual work begins. In fact, the term ABD (all but dissertation) refers to the regular occurrence of students completing the first 60 hours but never finishing the dissertation. As a result, using total credit hours as the foundation for determining % of objective completion is inaccurate; but, what alternative basis could one use? But, maybe more importantly, what does it matter? Knowing what proportion of your Ph.D. you have completed or do not have completed is ideally not a key variable in achieving your goal.

Final Thoughts
Calculating the “exact” percentage is a waste of time and money for the majority of goals. When it comes to percentage complete, you’re much better off employing a guesstimate or WAG as you progress toward accomplishing any objective with each milestone. When deciding what action to take next, the % complete should rarely be a key piece of information.

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