Guide 8: How to Assess a Project in Five Minutes

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Guide 8: How to Assess a Project in Five Minutes

What's this Guide about?

This Guide shows you how to assess a project very quickly. You can use it in situations like the following:

• You are asked to take over a project that is already running.
• You are asked to assess a project.
• Somebody who reports to you is running a project - how do you know if the project is in good shape?
• A sub-contractor does a presentation of their project plan. How do you know whether it is a good plan or not?
• How is the Guide structured?

How is the Guide structured?

Section 1 of the Guide describes the Probability of Success Indicator, the tool we will use for assessing the project.

Section 2 describes how to calculate a project's PSI.

Section 3 explains how to interpret PSI scores.

Section 4 gives an example of the use of the PSI to assess a project.

A Reference section at the end of the Guide gives you sources of further information.

Table of Contents

• Introduction
• What's this Guide about?
• How is the Guide structured?

  1. The Project Probability of Success Indicator (PSI)
  1.1 What is it?
  1.2 How is it measured?
  2 How to calculate the PSI
  3 How to interpret PSIs
  4 Example of assessing a PSI
  References

What you get:

This Guide does exactly as it says on the tin. It tells you how to assess a project in five minutes.