This procedure allows you to update the portfolio health status and description. The portfolio health status appears with a specific background color as per the RAG (Red, Amber, Green) system that is also used in traffic lights.
The available portfolio statuses are listed below:
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1 Not Tracking (Red) - the portfolio is not on track to deliver per agreements (schedule, budget, etc.) This indicates that a plan should be developed to bring the portfolio to Tracking status.
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2 At Risk (Amber) - the portfolio is at risk to deliver per agreements.
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3 Tracking (Green) - portfolio is on track to deliver per agreements.
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In the Portfolio Health Staging panel, click the New button. This should be done only if the portfolio status has not been copied from the previous period.
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Click the Portfolio Health Status ellipsis and select the required status. The available portfolio health statuses are listed below:
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1 Not Tracking
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2 At Risk
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3 Tracking
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(Optional) Type the required Portfolio Health Description.
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Click SAVE.
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If the Portfolio Health Status is 1 Not Tracking- it appears with a red background.
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If the Portfolio Health Status is 2 At Risk- it appears with amber background.
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If the Portfolio Health Status is 3 Not Tracking- it appears with a green background.