Project Status

[Former Member]

Hi,

I'm looking for a concise description of the criteria used to rate a project status as red, yellow, or green. Does anyone have suggestions?

Thanks,

Govindappa.

[Former Member]

Hi,

"Acceptable Variance Range" will vary depending on the type and length of the project. In the case below, the acceptable variance range is plus/minus 5 working days in duration.

"Near Critical" is defined to be 5 or less days of slack (until it goes critical path)

For Yellow the determination of point of possible impact on deployment is a

judgment call of the project manager agreed to by the project sponsor that

has several factors considered. Those factors are percent complete, amount of time left to finish and the piece of work's history recently of holding schedule or slipping.

Currently using:

Color Codes Defined

Green is on schedule or within an acceptable variance range.

Yellow has slack and has slipped to the point to possible impact on deployment.

Red is critical or near critical and has slippage that has moved a planned deployment date.

90% ready --> RED

98% ready --> YELLOW

99.99% ready --> GREEN

Reward points if found helpfull..

Cheers,

Chandra Sekhar.