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Project Health Formula

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Shravan Kathuri
Senior Member

Project Health Formula

Hi,

Does anyone know how to calculate Project Health.We have given Weights for project are
Issue - 1, Cost - 1 and Schedule -1.

Thanks
Shravan kumar.K
6 REPLIES
Erik Cole
Honored Contributor

Re: Project Health Formula

Shravan Kathuri
Senior Member

Re: Project Health Formula

Hi Eric,

We have gone thorugh this thread.You have given like

3 = Green
2 = Yellow
1 = Red

How can we set this.We are only able to set the weights of each one.

We are using 7.1 SP5

Thanks
Shravan kumar.K
Sangiliraja_1
Collector

Re: Project Health Formula

Hi Shravan

You will be able to set the weight "project Health" section in Project Types under administration.

Is this what you are looking for?

Thanks
Sangiliraja.P
Shravan Kathuri
Senior Member

Re: Project Health Formula

We can set weights but how to calculate the project health If we have weights for cost, issue and health as 1,1,1 respectively

Thanks
Shravan kumar.K
Semenov Alexand
Esteemed Contributor

Re: Project Health Formula

Hi ALL
Erik you right. This correct formula
I attach any sample
Erik Cole
Honored Contributor

Re: Project Health Formula

Shravan,

The formula is the same regardless of the values you use for your weights, except if all three are weighted the same you can simplify it to

(sched health + cost health + issue health) / 3


Keep in mind that the 1/2/3 for Red/Yellow/Green is just there for the math, so you don't really ever change those values - instead, you determine for each type (issue/schedule/cost) what constitutes Red/Yellow/Green then you set your desired weights so you can get an average health result considering all three factors.
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