Defining Performance Thresholds
To help you assess the relative performance, earned value, index calculations, and other metrics for a WBS, project, or portfolio, you can set performance thresholds. These thresholds capture the current calculations, variances, and metrics and re-route them into one of four ranges or "buckets" as follows:
Exceptional: Indicates that a WBS, project, or portfolio is exceeding expectations. Acceptable: Indicates that a WBS, project, or portfolio is performing within an expected range. Warning: Indicates that a WBS, project, or portfolio needs attention and is performing below expectations. Critical: Indicates that a WBS, project, or portfolio requires significant corrective action.
The threshold values you set for a project apply to all users viewing metrics for that project from the Workspace page and Portfolios pages. You have the option of overriding these thresholds for your own use on a personal dashboard. Both sets of steps are detailed below.
To define performance thresholds for a project:
- Click
Projects and select Open Projects. - In the Open Projects dialog box, select one or more projects by name, code, EPS, or portfolio. Click OK.
- On the Projects navigation bar, click
Workspace. - On the Workspace page, click Customize.
- On the Workspace Details page:
- Click
to collapse all the sections except Performance Threshold. - Click
to expand the Performance Threshold section and then expand Performance, Earned Value, and Index. - For each parameter, shown with its color-coded visual indicator, enter a threshold value. For lists, select a value from the list.
- Click Save and Close.
- If you opened more than one project, select the next project in the Select Project list and repeat these steps after clicking Customize.
To define your own performance thresholds:
- Click the Administer
menu and select My Preferences. - On the My Preferences page, click Global tab.
- On the Global tab:
- Click
to collapse all the sections except Performance Threshold. - Click
to expand the Performance Threshold section and then expand Performance, Earned Value, and Index. - For each parameter, shown with its color-coded visual indicator, enter a threshold value. For lists, select a value from the list.
- Click Save and Close.
Tips
If any logical constraints are not satisfied by your selections, a message appears at the top of the page. For example, if you set a warning to 25 days late, a critical threshold cannot be set to 10 days late; logical constraints require that critical thresholds be greater than warning thresholds. Correct the thresholds and try saving again.
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