Would anyone be willing to share what they are using for their stoplight definitions (i.e when is something red, yellow or green). Thanks!
Suzanne Saving Changes...
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Bipin Lekshmanan PMPProject Manager| Wipro TechnologiesEdison, Nj, United States
I consider a stable state as green, potential for issues (critical ones) or budget going on a downward trend as orange and red means project is in trouble- usually will become visible outside of the immediate project team. You cn associate quantification like a scale of 1 to 10 or so to measure these quantitatively also (provides you a range and this removes some element of subjectivity). Hope this helps. Saving Changes...
Overall: Green if all other statuses are Green or a maximum of 2 are Yellow and 0 are Red. Yellow if 3 or more are Yellow or 1 Red. Red if 2 or more are Red. Please explain the status in the details column next to the status.
Risks: Green if no risks triggered. Yellow if a Risk is triggered and a contingency is implemented. Red if a Risk is pending for project board.
Resources: Green if sufficient resources are available. Yellow if issues exist but are being addressed. Red if resource availability may impact project.
Milestones: Green if all milestones are on schedule. Yellow if >= 1 Milestone late and end date not affected. Red if >= 1 Milestone late and end date is likely affected.
Issues: Green if no management issues are pending. Yellow if issues are pending for project board (Proj Sponsor, IT Sr. Leader, IT & Business PMs). Red if issues are pending for project board.
Scope Changes: Green if no requests are pending for project board approval. Yellow if requests are pending prior to code freeze (in development). Red if requests are pending after code freeze.
Timeline: Green if project end date on schedule. Yellow if end date is delayed pending sponsor approval. Red if end date delayed without sponsor approval. Saving Changes...
Ganesh SrinivasanGanesh PMO (PMP, PMI-SP, ITIL-F)| MNC BankChennai, India
Very useful metric - thank you Bethany, any other comments on this thread? Saving Changes...
