Tuesday, August 28, 2012
Program success probability
Glen Alleman had a recent posting that linked to John Higbee's presentation about "Program Success Probability".
On page 5 of Higbee's slides, you'll find this image:
I find this cognitively satisfying: all is in order as my German friends would say. It's a risk register of sorts. On the right are all the external factors/metrics that have material impact; on the left side are the internal risks and issues.
This presentation is intended as a dashboard. The colors are dynamic on a Red-Green-Yellow-Gray (not evaluated) scale. The scale has to be defined (calibrated) for each program in order for management to be able to get a proper take-away.
Trends are shown in each block with arrows. Again, trends must be defined for each program, i.e. what is the meaning for an up-pointing arrow?
Of course, Higbee goes on in the presentation with more detail and more examples of dashboard presentations, for example the more-or-less standard presentation of sliding bars to show progress vs plan
Since this presentation is for a government audience, it includes dashboards for contractor performance and even contractor business success (P/E ratios, for goodness sake... does the market really affect contractor performance? If the P/E is in the tank, there are probably other more pressing problems)
Bottom line: an interesting suggestion for dashboards are in this presentation, along with at least one gov'y's idea of what's important.