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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:

  1. Click "" Projects and select Open Projects.
  2. In the Open Projects dialog box, select one or more projects by name, code, EPS, or portfolio. Click OK.
  3. On the Projects navigation bar, click "" Workspace.
  4. On the Workspace page, click Customize.
  5. On the Workspace Details page:
    1. Click "" to collapse all the sections except Performance Threshold.
    2. Click "" to expand the Performance Threshold section and then expand Performance, Earned Value, and Index.
    3. For each parameter, shown with its color-coded visual indicator, enter a threshold value. For lists, select a value from the list.
    4. Click Save and Close.
  6. 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:

  1. Click the Administer menu and select My Preferences.
  2. On the My Preferences page, click Global tab.
  3. On the Global tab:
    1. Click "" to collapse all the sections except Performance Threshold.
    2. Click "" to expand the Performance Threshold section and then expand Performance, Earned Value, and Index.
    3. For each parameter, shown with its color-coded visual indicator, enter a threshold value. For lists, select a value from the list.
    4. 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.

Related Topics

Working with Portfolios

Creating Portfolios

Creating Projects While Working with Portfolios

Creating Projects in a Portfolio View Scorecard Portlet

Creating Projects on the Portfolio Analysis Page

Assigning Projects to a Portfolio


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