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Project Appraising Methodology
1. Project Appraising Methodology /
Projects Ratings Definition
Traffic Lights Principal
Low Risk Level – Projects on track
Medium Risk level (Minor issues identified – concerns on schedule / quality / cost)
High Risk level (major issues identified – Management intervention is required)
Project Ratings
Project Evaluation
Scope / Quality Schedule Budget
In line
-All projects goal
in compliance with
requirements of
sponsor will be
achieved
- V. Good quality
& Optimum end-
customer
satisfaction
Actual End Vs
Planned End
(>2 weeks & ≤ 1
months)
Negative deviation
from the planned
budget up to ≤
10%
Problems
There are some
deviations from
requirements of
sponsor but key
projects goals will
be achieved
- Good quality &
end- customer
satisfaction
Actual End Vs
Planned End
(>1 & ≤ 3 months)
Negative deviation
from the planned
budget >10 % ≤
30%
Critical
- Some key goals
of the project will
not be achieved
- Poor quality & no
end- customer
satisfaction
Actual End Vs
Planned End
(> 3 months)
Negative deviation
from the planned
budget > 30%