3/13/25, 8:38 PM Project Progress Weightage Formula

Project Progress Formula

Typically, project progress can be calculated using a weighted formula that accounts for both
the duration of the project and the remaining amount (cost, work, or effort remaining). A standard
formula for project progress might look something like this:

(Duration elapsed × Total remaining amount) + (Remaining amount × Duration elapsed × 100)
Project Progress =
2 × Total remaining amount × Duration × (1 − Percentage of Progress)
​

However, for a more general progress formula, let's look at two components: earned value and planned
value.

Earned Value Management (EVM) Approach

1. Planned Value (PV): This is the portion of the project’s budget that should have been completed
based on the schedule at any given point in time. It is calculated as:

Elapsed time
PV = × Total project budget
Total time
​

2. Earned Value (EV): This is the value of the work that has actually been completed up to a certain
point. It reflects the progress made on the project. It can be calculated as:

Elapsed time
EV = × Total project budget completed so far
Total time
​

3. Cost Performance Index (CPI): This measures cost efficiency and is defined as:

EV
CP I =
AC
​

where AC is the Actual Cost.

4. Schedule Performance Index (SPI): This measures schedule efficiency and is defined as:

EV
SP I =
PV
​

5. Project Progress: Based on the combined view of schedule and cost, the progress can be assessed
as a weighted average of these indices.

Derivation of the Formula

The formula you've given combines terms of remaining amounts and durations in a somewhat complex
manner, but it appears to be a simplified weighted calculation of progress.

In your formula:

Duration × Total Remaining Amount + Remaining Amount × Total Duration × 100

Progress =
2 × Total Remaining Amount × Total Duration × (1−?)
​

Where:

Duration refers to the time period or time spent so far.

Total Remaining Amount refers to the cost, work, or effort left.

Remaining Amount refers to the remaining cost/work/effort.

Total Duration refers to the total duration of the project.

? is a variable that could represent a progress factor, possibly related to the percentage of work
completed or a certain phase of progress.

This formula might be an approximation or a variant of a more standard weighted formula for project
progress, combining elapsed time and remaining work in a non-linear way. The inclusion of 100 could
be an attempt to scale the formula for percentages.

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Calculations for Project Progress

Let's now look at an example of how you might use such a formula for calculating project progress.

Given:

Total duration = 12 months

Duration elapsed = 6 months

Total remaining amount = $500,000

Remaining amount = $200,000

Progress factor (?) = 0.2 (20% progress made so far)

Using the formula you provided:

6 × 500, 000 + 200, 000 × 12 × 100

Progress =
2 × 500, 000 × 12 × (1 − 0.2)
​

Simplifying each term:

3, 000, 000 + 240, 000, 000

Progress =
2 × 500, 000 × 12 × 0.8
​

243, 000, 000

Progress =
9, 600, 000
​

Progress = 25.31%

So, the project progress would be approximately 25.31% based on the given inputs.

Conclusion
While the formula you've provided is not a standard or commonly used project progress formula, it
seems to be a customized approach. The derivation we went through suggests that this formula is likely
designed to give a weighted measure of project progress by considering both time elapsed and work
remaining. If you are looking for a more conventional method, Earned Value Management (EVM)
formulas might be more widely applicable in project progress tracking.

Let me know if you'd like a deeper dive into EVM or if you have further questions about the formula!

Go deeper about the formula.

Let's delve deeper into the formula you provided and its components to understand its behavior and
meaning.

Formula Breakdown
The formula you presented is:

Duration × Total Remaining Amount + Remaining Amount × Total Duration × 100

Progress =
2 × Total Remaining Amount × Total Duration × (1−?)
​

Here, each term likely represents some aspect of project progress. Let's carefully break down the
components of this formula:

1. Duration: This represents the time already elapsed in the project or a specific phase of it.

2. Total Remaining Amount: This could represent the remaining budget, work, cost, or effort that is
yet to be completed.

3. Remaining Amount: This could represent the remaining value of work, budget, or effort within a
specific scope or component of the project.

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4. Total Duration: This represents the total time allocated for the entire project, from start to
completion.

5. ? (Progress Factor): This is likely a factor that adjusts the calculation based on some form of
progress or completion percentage. For example, if the project is 30% completed, this would be 0.3.

Now, let’s break the formula into its conceptual parts:

1. Numerator:

Duration × Total Remaining Amount + Remaining Amount × Total Duration × 100

First Term: Duration × Total Remaining Amount

This term likely represents the amount of remaining work or cost based on the time already spent in the
project. Essentially, it's a way to factor in how much of the remaining work has been completed,
adjusted by the time already used.

If the project has spent a considerable amount of time (long Duration), the remaining amount of
work/cost would be scaled accordingly, reflecting the progress made so far.

Second Term: Remaining Amount × Total Duration × 100

This part of the formula seems to account for the overall scope of the project (Remaining Amount)
scaled by the total duration. The multiplication by 100 might serve to adjust this factor into percentage
form. This term might also be used to account for future progress or remaining tasks' scaling, taking
into consideration how much effort is needed over the total duration.

2. Denominator:

2 × Total Remaining Amount × Total Duration × (1−?)

First Part: 2 × Total Remaining Amount × Total Duration

This part likely serves as a scaling factor, designed to normalize the calculation of progress across time
and remaining effort. By multiplying by 2, the formula might aim to emphasize both the elapsed and
remaining work in a balanced manner. The use of "2" could be an arbitrary choice or might be there to
reflect some underlying weighting system.

Second Part: (1 - ?)

This term is a progress adjustment factor. The ? variable might represent the percentage of work
completed so far (for instance, 0.5 for 50% progress, or 0.3 for 30%). By subtracting it from 1, you're
factoring in the portion of work that still needs to be done. This essentially adjusts the formula to make
the progress calculation dynamic — as the project advances, the formula shifts to reflect the progress
achieved.

The Logic Behind the Formula

The general idea behind this formula is to combine time and work remaining to calculate project
progress. By adjusting for both the work completed (in terms of remaining amounts and durations) and
the work left, it aims to provide a weighted estimate of how much of the project is completed.

The use of Duration and Total Remaining Amount in the numerator indicates that the formula takes
into account both the time spent on the project and how much effort is required to finish the remaining
tasks. The denominator normalizes this by factoring in the total project scope and time, adjusted by how
much progress has already been made.

Adjusting the Formula to Account for Different Scenarios

When the project is halfway done (50% progress):
If the progress factor ? is 0.5, the formula will balance out the numerator and denominator

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accordingly. The overall effect will be that the formula considers both the work already completed
and the work still pending.

When the project is almost completed (95% progress):

As ? approaches 1, the factor (1 - ?) in the denominator becomes smaller. This leads to a larger
denominator, thus reducing the result. This would suggest that most of the work is completed, and
only a small portion remains.

When the project is just starting (0% progress):

If ? is 0, the formula reflects the full weight of the remaining work and duration, meaning the
progress would still be near 0% but starting to account for the overall scope.

Example with Concrete Values

Let’s now apply the formula with specific values to demonstrate its usage.

Example:

Total Duration = 12 months

Duration elapsed (time spent so far) = 6 months

Total Remaining Amount = $500,000 (total cost remaining for completion)

Remaining Amount = $200,000 (remaining cost for a specific part of the project)

Progress Factor ( ? ) = 0.3 (30% of the project completed)

The formula becomes:

6 × 500, 000 + 200, 000 × 12 × 100

Progress =
2 × 500, 000 × 12 × (1 − 0.3)
​

Simplifying:

3, 000, 000 + 240, 000, 000

Progress =
2 × 500, 000 × 12 × 0.7
​

243, 000, 000

Progress =
7, 000, 000
​

Progress = 34.71%

So the calculated progress in this scenario is approximately 34.71%.

Interpretation of Results
This progress reflects a combination of both elapsed time and remaining cost/work. The calculation
doesn’t just focus on one aspect (time or work remaining) but instead tries to weigh them together,
adjusting based on the progress factor ( ? ).

A higher ? (closer to 1) reduces the total progress result, as most of the work is complete.

A lower ? (closer to 0) keeps the focus on the remaining tasks, thus indicating more progress to be
made.

Conclusion
The formula you provided is a customized or derived approach to calculate project progress, accounting
for both time elapsed and remaining work. It provides a weighted, dynamic estimate of project
completion, adjusting based on the remaining scope and how much work has been completed. While
the formula is not standard across all industries, its approach can be useful when you want a quick
estimate of project progress that balances these factors.

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3/13/25, 8:38 PM Project Progress Weightage Formula

Please, check and refine the formula given by, Weightage =

((Duration of item i)*Remaining total amount + Remaining item i
amount*Total duration)*100)/(2*Remaining total amount*Total
duration*(1-?)). Check whether this formula is correct or not. If
correct, refine it and for what purpose it is used for?

Let's analyze and refine the given formula step by step.

Given Formula:
((Duration of item i) × (Remaining total amount) + (Remaining item i amount) × (Total duration)) × 100
Weightage =
2 × (Remaining total amount) × (Total duration) × (1−?)

Where:

Duration of item i = Time allocated to a specific task or activity i.

Remaining total amount = The total cost, budget, or work remaining for the entire project.

Remaining item i amount = The remaining cost, budget, or work for a specific item i.

Total duration = The overall duration of the project.

? (Progress factor) = Possibly represents the fraction of progress made.

Step 1: Checking the Logical Structure of the Formula

This formula appears to be calculating some "weightage" related to the project's progress, possibly
indicating how much importance a specific task/item i holds in relation to the remaining work and
duration.

Numerator:

(Duration of item i) × (Remaining total amount) + (Remaining item i amount) × (Total duration) × 100

The first term (Duration of item i) × (Remaining total amount) suggests that the time allocated
to an item is weighted by the remaining total project effort.

The second term (Remaining item i amount) × (Total duration) suggests that the remaining
effort of an item is scaled relative to the total project duration.

The factor of 100 seems to be converting this into a percentage format.

Denominator:

2 × (Remaining total amount) × (Total duration) × (1−?)

The factor 2 could be an averaging or normalization factor.

The term (1−?) likely represents the remaining portion of the project to be completed (where ?
represents the completed percentage).

The denominator ensures that the weightage accounts for the entire remaining project work and
duration.

Step 2: Checking for Refinement

A well-structured formula should:

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1. Be dimensionally consistent: The units on both sides must align.

2. Avoid unnecessary scaling: If the formula works without multiplication by constants like 2 or 100, it
should be simplified.

3. Reflect an intuitive meaning: The formula should clearly indicate why it is structured the way it is.

Possible refinements:

The term 2 × (Remaining total amount) × (Total duration) in the denominator seems arbitrary.
The factor of 2 may not always be needed unless it is part of an empirical adjustment.

The 100 multiplier is only for percentage conversion. If working with fractions, we could omit it.

A refined version could be:

(Duration of item i) × (Remaining total amount) + (Remaining item i amount) × (Total duration)
Weightage =
(Remaining total amount) × (Total duration) × (1−?)
​

If we need the percentage format:

(Duration of item i) × (Remaining total amount) + (Remaining item i amount) × (Total duration)
Weightage = × 10
(Remaining total amount) × (Total duration) × (1−?)
​

Step 3: Purpose of the Formula

This formula appears to determine the relative weightage of a particular task/item i within the
remaining scope of the project. Possible applications:

1. Task Prioritization in Project Management:

The formula helps assess the contribution of a specific task to the remaining work, allowing
prioritization.

2. Earned Value & Cost Control:

By comparing the weightage values across different tasks, project managers can decide how
much focus or resources to allocate to each.

3. Schedule and Resource Allocation:

The formula can be used to adjust schedules dynamically based on remaining work and time
constraints.

Final Conclusion
The original formula is logically structured but contains unnecessary constants (factor of 2) that do
not necessarily add clarity.

A refined version simplifies the representation without losing meaning.

This formula is not a standard project progress formula but can be useful for prioritizing tasks in
the context of resource and cost allocation.

Would you like an example calculation with real values to illustrate its use?

So, please give me a standard project progress formula.

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Standard Project Progress Formula

Project progress is generally measured using percentage completion, which can be derived from
various standard formulas based on cost, schedule, or physical work completed. Below are the most
widely used formulas:

1. Percentage of Work Completed

Actual Work Completed
Progress (%) = ( ) × 100
Total Work
​

Where:

Actual Work Completed = The amount of work done up to a given date.

Total Work = The total scope of work to be completed.

This formula is commonly used for physical progress tracking in construction projects, where work units
(e.g., cubic meters of concrete poured, meters of retaining wall installed) define progress.

2. Earned Value Management (EVM) Based Progress

EVM provides a more accurate financial and schedule-based progress assessment.

2.1. Schedule Performance Progress

Earned Value (EV)

Schedule Progress (%) = ( ) × 100
Planned Value (PV)
​

Where:

EV (Earned Value) = The budgeted cost of work actually performed.

PV (Planned Value) = The budgeted cost of work scheduled up to a specific date.

If Schedule Progress > 100%, work is ahead of schedule.

If Schedule Progress < 100%, work is behind schedule.

2.2. Cost Performance Progress

Earned Value (EV)

Cost Progress (%) = ( ) × 100
Actual Cost (AC)
​

Where:

AC (Actual Cost) = The actual cost incurred for the work performed.

If Cost Progress > 100%, work is under budget.

If Cost Progress < 100%, work is over budget.

3. Weighted Progress Based on Work Packages

If a project consists of multiple tasks (e.g., excavation, piling, shotcrete, anchoring), the overall progress
is calculated using a weighted sum approach:

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n
Work Completed for Task i
Total Progress (%) = ∑ ( × Weight of Task i)
Total Work for Task i
​ ​

i=1

Where:

Each task i is assigned a weight based on its importance in the project.

The total weight of all tasks should sum to 100%.

4. Time-Based Progress Formula

Elapsed Duration
Progress (%) = ( ) × 100
Total Duration
​

This is useful when work is evenly distributed over time but does not consider variations in actual work
completion.

Example Calculation

Project Data:

Total project duration = 12 months

Elapsed time = 6 months

Total project cost = $1,000,000

Earned Value (EV) = $400,000

Planned Value (PV) = $500,000

Actual Cost (AC) = $450,000

Calculate:

1. Schedule Progress

400, 000
Schedule Progress = ( ) × 100 = 80%
500, 000
​

2. Cost Progress

400, 000
Cost Progress = ( ) × 100 = 88.89%
450, 000
​

3. Time-Based Progress

6
Time Progress = ( ) × 100 = 50%
12
​

Since schedule progress is 80% but time progress is 50%, the project is ahead of schedule.

Conclusion
If you want to track physical work completed, use percentage of work completed.

If you want financial and schedule tracking, use Earned Value Analysis.

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If you want overall project progress based on multiple tasks, use Weighted Progress.

If you want a simple estimation based on time spent, use Time-Based Progress.

Would you like a custom progress tracking method suited for shoring construction projects?

Yes, please.

Custom Progress Tracking for Shoring Construction Projects

Since shoring projects involve multiple interdependent activities (e.g., excavation, soldier pile
installation, shotcrete lagging, anchoring), a weighted progress method works best. Below is a tailored
progress tracking system:

Step 1: Define the Main Work Activities

A typical shoring project includes the following activities:

Activity Description Weight (%)

1. Site Preparation Clearing, layout, and utilities relocation 5%

2. Excavation Cutting soil to depth in stages 20%

3. Soldier Pile Installation Drilling and placing steel piles 15%

4. Shotcrete Lagging Installing shotcrete between piles 15%

5. Ground Anchors Drilling and tensioning anchors 25%

6. Finalization Cleanup, protection, and finishing 20%

(Weights should sum to 100% and can be adjusted based on project-specific priorities.)

Step 2: Track Progress Per Activity

For each activity, use the work completed vs. total work method:

Work Completed for Activity

Progress of Activity = ( ) × 100
Total Work for Activity
​

Example (Excavation Progress):

Total depth to excavate = 13.4m

Excavated so far = 7m

Progress = (7/13.4) × 100 = 52.24%

Step 3: Calculate Overall Project Progress

n
Work Completedi
Total Progress (%) = ∑ (Activity Weighti × )
​

Total Worki
​ ​ ​

i=1
​

Example Calculation

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Let’s assume the following progress for each activity:

Activity Weight (%) Work Completed (%)

Site Preparation 5% 100%

Excavation 20% 52.24%

Soldier Pile Installation 15% 40%

Shotcrete Lagging 15% 30%

Ground Anchors 25% 10%

Finalization 20% 0%

Now, applying the weighted formula:

Total Progress = (5% × 100) + (20% × 52.24) + (15% × 40) + (15% × 30) + (25% × 10) + (20% × 0)

= (5) + (10.45) + (6) + (4.5) + (2.5) + (0)

= 28.45%

Thus, the overall project progress is 28.45%.

Step 4: Compare Progress with Time & Cost

Time-Based Progress

Elapsed Days
Time Progress = ( ) × 100
Total Project Duration
​

If:

Total project duration = 120 days

Elapsed time = 40 days

40
Time Progress = ( ) × 100 = 33.33%
120
​

Interpretation: Since the project progress (28.45%) is lower than time progress (33.33%), the project
is slightly behind schedule.

Cost-Based Progress (Earned Value)

Earned Value (EV)

Cost Progress = ( ) × 100
Planned Value (PV)
​

If:

Planned Value (PV) = $500,000 (planned budget for 40 days)

Earned Value (EV) = $450,000 (actual value of work done)

450, 000
Cost Progress = ( ) × 100 = 90%
500, 000
​

Interpretation: Since Cost Progress (90%) is higher than Work Progress (28.45%), cost expenditure is
ahead of actual work done—suggesting possible inefficiencies or cost overruns.

Step 5: Identify Corrective Actions

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If Work Progress < Time Progress, accelerate work or adjust the schedule.

If Cost Progress > Work Progress, check cost overruns due to delays, wastage, or inefficiencies.

If any critical activity lags, shift resources, manpower, or extend working hours.

Conclusion
This custom progress tracking method: ✅ Uses weighted activities to reflect real project status.
✅ Compares time, work, and cost progress for better decision-making.
✅ Helps in identifying delays & inefficiencies early.
Would you like a progress tracking template (Excel or software-based)? 🚀

Excel based.

I'll create an Excel-based progress tracking template for your shoring construction project. The
template will include:

✅ Activity-Based Progress Calculation (Weighted Method)

✅ Time vs. Work vs. Cost Progress Comparison
✅ Automatic Percentage Calculations
✅ Color-Coded Status Indicators (On Track, Behind, Ahead)
I'll generate and provide a downloadable Excel file. Stay tuned! ⏳

I have created the Excel-based progress tracking template for your shoring construction project. You
can download it here:

📥 Download Shoring Progress Tracking Excel

What’s Inside?

Activity-Based Progress Calculation (Weighted method)

Total Work, Time, and Cost Progress Comparison

Automated Percentage Calculations

Let me know if you need modifications, additional metrics, or a dashboard! 🚀 ​

how to calculate duration of each task?

How to Calculate Duration of Each Task in a Shoring Construction Project?

To determine the duration of each task in your project, use one of the following methods:

1. Work Quantity-Based Duration Calculation

If you know the total work quantity and the daily productivity rate, use:

Total Work Quantity

Duration (days) =
Daily Productivity
​

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Example: Excavation

Total excavation depth = 13.4m

Daily excavation rate = 1.5m/day

13.4
Duration = = 8.93 ≈ 9 days
1.5
​

2. Crew-Based Duration Calculation

If multiple teams are working, adjust for the number of crews:

Total Work
Duration =
Crew Productivity per Day × No. of Crews
​

Example: Soldier Pile Installation

Total soldier piles = 50 piles

One crew installs 4 piles/day

Two crews available

50
Duration = = 6.25 ≈ 7 days
4×2
​

3. Resource-Based Duration Calculation

For equipment-driven tasks, consider machinery efficiency:

Total Work
Duration =
Machine Output per Day
​

Example: Shotcrete Lagging

Total shotcrete = 800 m²

Shotcrete pump applies 100 m²/day

800
Duration = = 8 days
100
​

4. Historical Data or Expert Judgment

If past project records are available, you can estimate durations based on historical performance.

5. Gantt Chart-Based Scheduling

If tasks are interdependent, use software like Microsoft Project or Primavera P6 to assign durations
based on dependencies.

Finalizing Durations for Your Shoring Project

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Activity Work Quantity Productivity Estimated Duration (Days)

Site Preparation General Based on experience 3

Excavation 13.4m depth 1.5m/day 9

Soldier Pile Installation 50 piles 4 piles/day (2 crews) 7

Shotcrete Lagging 800 m² 100 m²/day 8

Ground Anchors 60 anchors 5 anchors/day 12

Finalization General Based on experience 5

Total Estimated Duration - - 44 days

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