Presenter Date Page Project manager The PROGRAM The Company Name 03/21/01 STOPLIGHT METRICS Stoplight Charts provide a means of communicating the status.

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Presentation transcript:

Presenter Date Page Project manager The PROGRAM The Company Name 03/21/01 STOPLIGHT METRICS Stoplight Charts provide a means of communicating the status of risk mitigation actions. They indicate to the decision maker how well the current plans are going and whether or not management action is required. While stoplight chart do not generally have sufficient detail to explain why a plan may be off-track, they provide the decision maker with a big picture of how all plans are doing, and a way to inquire about specific plans, if necessary.

Presenter Date Page Project manager The PROGRAM The Company Name 03/21/01 Program Metrics - Criteria for “Individual Task” Ratings General definition for “Stoplight” Metrics charts – can be modified to meet specific needs Criteria to be used for “Individual” Production and Development Tasks: Green (G) - All internal and external milestones are on schedule, and Estimate at Completion (EAC) is at or below baselined/negotiated cost of the project. Yellow (Y) - All external milestones are on schedule, but there is a slip of the internal milestones and/or Estimate at Completion (EAC) is between 100%-105% of baselined/negotiated cost of the project. Project needs additional attention to verify that external milestones are kept. Red (R) - External milestones are slipping or the internal milestones are to-be- determined (TBD), and/or Estimate at Completion (EAC) is greater than 105% of baselined/negotiated cost of the project. 2

Presenter Date Page Project manager The PROGRAM The Company Name 03/21/01 Program Metrics - Criteria for “Overall” Rating Criteria to be used for "Overall” Production and Development Ratings: The rating is red if there are less than 80% of the items that have been rated as Green. S > 80% green = R The rating is yellow if there are between 80%-90% of the items that have been rated as green. 90% > S < 80%green = Y The rating is green if there are greater than 90% of the items that have been rated as green. S < 90% green = G 3

Presenter Date Page Project manager The PROGRAM The Company Name 03/21/01 METRICS SUMMARY