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11-13-2018 08:35 AM
Hello,
Could you please help us to clarify where and how score for projects could be used, visualized or analyzed? Question has been raised as for demand we have bubble chart within the system and it is not clear what about projects score. Any additional information will be very useful.
Thank you.
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Project Portfolio Management
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11-14-2018 10:54 PM
Hi Maria,
Scores are different indicators of a Project.
Risk Score : Risk score is calculated based on the project risk.
Value Score: Value score is calculated based on the ROI% of the project.
Size Score: Size score is calculated based on Planned Cost of the project.
Score: Project score is calculated based on the individual scores of these attributes: Risk Score, Value Score, and Size Score, which in turn are calculated based on risk, planning ROI%, and estimated cost attributes (on a project), respectively.
- You can configure the formula for score calculation.
- When a demand is converted to a project, the score calculated on the demand is carried forward to the project.
Where is this used?
One of the places is in Portfolio workbench, when certain projects and demands have to be selected for budgeting/forecasting in a particular fiscal period, Portfolio manager can make business decision based on these scores which are depicted in bubble chart.
Hope this helps.
Cheers
Sunil B N
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11-14-2018 10:54 PM
Hi Maria,
Scores are different indicators of a Project.
Risk Score : Risk score is calculated based on the project risk.
Value Score: Value score is calculated based on the ROI% of the project.
Size Score: Size score is calculated based on Planned Cost of the project.
Score: Project score is calculated based on the individual scores of these attributes: Risk Score, Value Score, and Size Score, which in turn are calculated based on risk, planning ROI%, and estimated cost attributes (on a project), respectively.
- You can configure the formula for score calculation.
- When a demand is converted to a project, the score calculated on the demand is carried forward to the project.
Where is this used?
One of the places is in Portfolio workbench, when certain projects and demands have to be selected for budgeting/forecasting in a particular fiscal period, Portfolio manager can make business decision based on these scores which are depicted in bubble chart.
Hope this helps.
Cheers
Sunil B N
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12-06-2018 07:50 AM
Hello Sunil, thank you for your answer, much appreciated.
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12-06-2018 08:35 AM
Kindly mark the reply as answer/helpful if it was useful for you..
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11-15-2018 03:46 AM
Hello Sunil, thank you for your answer, much appreciated. Unfortunately I couldn't get how Projects are visible via Bubble Chart as I can see only Demands and don't able to switch visualization to Projects. Also it is not clear how it is working within Timeline View for Portfolio Manager - I have rank by Score at the moment but it is not obvious what does it mean. In case you have any additional information or print screens will be much grateful. Thank you.