My CIO has asked me to come up with a visual quadrant diagram of all current projects. I cannot seem to find any good examples on the web (maybe i am not looking in the right places). Can anyone share any example's or even point me to some good websites for this. Saving Changes...
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Hans RobbersSenior Director| SalesforceVlissingen, Netherlands
Milan
The quadrants diagram are introduced by Gartner and Forrester and you can find some examples at their sites.
The main challenge is to define the axis to measure against. My suggestion is you ask the CIO how he wants to classify the projects,
Examples are
Financials vs Delivery date (or overrun versus slippage)
Scope changes vs Financials
Quality (number of defects found in testing) versus Delivery date slippage
etc.
As soon as you know how the CIO would like to control the project portfolio it will be easy to determine the axis. Next step is to define the scale on the axis, and to describe in SMART terms the projects against these terms.
Final step is to plot the projects in the diagram
Hopes this helps
Hans Saving Changes...
Hans RobbersSenior Director| SalesforceVlissingen, Netherlands
Sorry forgot to copy the link to Gartner article on magic quadrants
Mark Price PerryBusiness Driven PMO Evangelist| BOT InternationalOrlando, Fl, United States
Hi Milan, great post. Below is one of several project dashboards that come with the gantthead PMO Management Package. This one is the typical risk / return quadrant diagram, a favorite of CIOs..!
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Elyse NielsenSenior Project Manager| Ascension Health Information ServicesHaines City, Fl, United States
Hi Milan,
Good Topic for discussion, Mark and Hans provided great tools for the format of the document and different comparisons. The bubble diagram is a very useful tool, when everyone understands the comparisons.
I'd recommend discussing with your CIO what the intent of the quadrant diagram is for the audience.
For example, let's say your CIO wants a project return vs risk. Depending on the sophistication of your organization, you may not even have a risk management process in place or a total cost of ownership. It will be difficult to derive this information for your CIO.
On the other hand, if your CIO wants a diagram depicting the on schedule on budget projects, at what threshold will the project need to be reviewed and by what body?
In other words, once you have the diagram for the intent, take some proactive steps to assure the supporting processes are in place.