The document outlines metrics for evaluating project performance across budget, schedule, scope, and overall status. It indicates projects may be under or over budget by 10-20% and provides thresholds for scope change impacts and schedule delays. Project status is rated as red, yellow, or green based on these metrics, with red meaning trouble and risk of missing targets and yellow meaning danger if issues are not addressed promptly.

1. Actuals plus Remaining Forecast is within +/- 10% of Total
Authorized Budget (under or over spent)
Actuals plus Remaining Forecast is greater than 10% and less
than 20% of Total Authorized Budget (under or over spent)
Actuals plus Remaining Forecast is greater than 20% of the
Total Authorized Budget (under or over spent)
Scope change orders are less than 10% impact to schedule
and/or budget
Scope change orders are greater than 10% and less than 20%
impact to schedule and/or budget
Scope change orders result in a greater than 20% impact to
schedule and/or budget
Less than 10% behind schedule based upon Baseline
Greater than 10% and less than 15% behind schedule based
upon Baseline
Greater than 15% behind schedule based upon Baseline
No red metric and no more than 1 yellow metric. Any yellow
metric(s) has a mitigation in place
No more than 1 red metric and any yellow metric(s) has a
mitigation in place
More than 1 red metric that requires attention
BUDGET
SCHED
SCOPE
OVERALL
Red (trouble): Project is at risk
to miss a scheduled completion
date, may be over budget or out
of scope. Immediate
management action required.
Amber (danger): Project may
be at risk if issues are not
addressed. Attention required.
Green (all good): Project is on
track to meet scheduled dates