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Having problems with project status reporting? This short video shows how you can use Enhanced Traffic Light Charts (ETLC) to:
- Shorten the time spent at meetings,
- Facilitate management by exception,
- Integrate risk management into project management, and
- Identify managers for promotion based on ability.
Traffic Light Charts (TLC) provide a quick overview of the status of a project (red – in trouble; yellow – some trouble but nothing too serious; green – nominal; and blue – ahead of schedule and budget). When used on an agenda slide, they can indicate which project to focus on – the red and blue, obviously?
ETLC expand the TLC to add perceptions from the temporal perspective and provide information that was not previously available. See the short video at https://youtu.be/fwM_9otO0F0 for more details. Then give your status reports some TLC!
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