A ratio that measures an important characteristic . This ratio is often plotted or tracked in some way to determine priorities among items or events.

(Wideman Comparative Glossary of Common Project Management Terms v2.1)

Other Definitions

Critical Ratio – Defined as the time remaining until an order is due divided by the processing time remaining on an order.

(Implementing Theory Of Constraints In A Job Shop Environment by John T. Tagawa)

J. Jerrald Hayes on FacebookJ. Jerrald Hayes on Twitter
J. Jerrald Hayes
I am ex-architectural woodworker and general contractor turned IT, Business and Project Management consultant, software developer wannabe senior division triathlete and ski racer, Yankee fan and founder of Paradigm-360.com, 360 Difference Mac4Construction.com,iOS4Construction.com and now TheBuildingAndRemodelingWiki.com too.
Share This