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Improvement Rate

on . Posted in Project Management Engineering

Improvement rate, abbreviated as IR, is the percentage of increase from one number to another.

 

Improvement Rate Formula
\(\large{ FR =  \frac{ SMT \;-\; FMT }{ FMT } \; 100  }\)
Symbol
\(\large{ FR }\) = improvement rate
\(\large{ FMT }\) = first month's total
\(\large{ SMT }\) = second month's total

 

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