Here is the suggested guidance for the status of the Project Value Health:
Your Value Health is Green if:
- The business objectives are stated in the project charter
- The business objectives are measurable
- The value in the business case will still be achieved
- There are no compromises from the original scope and schedule that affects the value of the solution.
Your Value Health is Yellow if:
- The business objectives stated in the project charter may not be achieved
- There are compromises (e.g. a smaller testing window) from the original scope and schedule that somewhat affect the value of the solution.
Your Value Health is Red if:
- The business objectives stated in the project charter cannot be achieved
- There are compromises (e.g. a smaller testing window) from the original scope and schedule that have a major affect on the value of the solution.