Month: December 2020

The Project Health Scorecard Part 6 – Risk

Professor of Project Management Project Execution and Monitoring ,

Executing Monitoring and Controlling

Here is the suggested guidance for the status of the Project Risk Health:

Your Risk Health is Green if all of these are true:

  • Issues and risks are documented in a central repository
  • Risks have triggers, mitigation and contingency plans for high-exposure and high-impact risks
  • Risks are reviewed on a regular basis by the project manager and risk/issue owners;

Your Risk Health is Yellow if any of these are true:

  • Issues and risks are defined in a central repository but not reviewed on a regular basis by the project manager and risk/issue owners
  • Risks have no mitigation and contingency plans associated with the high-exposure items

Your Risk Health is Red if any of these are true:

  • Issues and risks are not documented in a central repository
  • Risks are not formally managed.

Note: Much more detail on creating a the Project Health Scorecard can be found in my Kindle book “Project Management For The Real World”, available at

https://www.amazon.com/author/lettera

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The Project Health Scorecard Part 5 – Resources

Professor of Project Management Project Execution and Monitoring ,

Executing Monitoring and Controlling

Here is the suggested guidance for the status of the Project Resource Health:

Your Resource Health is Green if ALL of these are true:

  • Stakeholders are attending required meetings
  • Resources are meeting their commitments
  • The team matches the skill-sets defined in the project roles matrix

Your Resource Health is Yellow if ANY of these are true:

  • Stakeholders are not always attending required meetings
  • Stakeholders are not always meeting their commitments
  • Some parts of the team do not match the skill-sets defined in the project roles matrix.

Your Resource Health is Red if ANY of these are true:

  • Stakeholders are not defined
  • Stakeholders are consistently not attending required meetings
  • Resources are not meeting their commitments
  • Critical parts of the team do not match the skill-sets defined in the project roles matrix

Note: Much more detail on creating a the Project Health Scorecard can be found in my Kindle book “Project Management For The Real World”, available at

https://www.amazon.com/author/lettera