Project dashboard

Revision as of 15:36, 20 February 2022

Managing projects can be a complex task as there is a great deal of information and data which requires communication to various stakeholders. The larger the projects, the higher the complexity, thus making project management more difficult ^[1]. Project dashboard can be an efficient tool to communicate the most essential information for project stakeholders to im-prove project efficiency as the project management team does not have to review a large number of re-ports to determine the status of the project ^[2].

A project dashboard is a visualization of central project data, which ideally includes key performance metrics which are customized to specific projects. These metrics should track performance and progress of the project such as deadlines, budget, deliveries, and other necessary insights into the project. To succeed with project management, it is imperative that project progress and performance is communicated. Also, project results should be shared ^[3]. This should be done to encourage and motivate stakeholder of the project. Furthermore, the information is critical for project manager as without the necessary information the manager will face difficulty in managing the project. To gain most value of project dashboards it is imperative to include only the necessary data which is to be communicated to the project stakeholders. Occupying the limited space on the dashboard with unnecessary information will lead to the dashboard becoming redundant. Furthermore, a poorly visualized dash-board will result in a cluttered mess. Thus, a project dashboard should be well presented with necessary data to be an efficient mean of communication ^[4].

This article will focus on the digital dashboards and give an introduction to their purpose with a focus on how they are valuable with an emphasis on their value as a communication tool for project management. Furthermore, the application of project dashboards is presented and how project dashboards are implemented. Finally, common pitfalls and limitations of project dashboards are discussed.

Dashboards as visual display

The following section will give an introduction to the general concept of dashboard. Followed by a description of the importance of choosing Key Performance Indicators for the dashboard and how the in-formation and data is visually displayed to enhance communication.

Concept of dashboard

A dashboard is a visual display of the most critical information and data which is needed to fulfill the objective of a specific job, project, or other tasks. A dashboard is configurable allowing for customization of the data and the ability to choose how the data is displayed to e.g., include text, charts or graphs. Usually, a dashboard is linked to a database where it receives its information from. Thus, the more frequent the linked database is updated, the more up to date the dashboard is ^[5] .

- Dashboards are a communication tool to make informed decisions

Choosing key Performance indicators

You cannot correct or improve something that cannot be effectively identified and measured. Informed decision making requires effective information and data. Thus, it is imperative to establish the meaning of effective information and data, within the context of the specific project. In certain projects the time and cost KPIs can be sufficient. In other projects customized metrics may be required.

Visualization

-The visualization of the project dashboard is essential -Should be able to be viewed with a glance. Psychological aspect of seeing a color e.g., traffic light indicators ^[6]. For instance, having a dashboard monitor a risk, quality, cost etc. By using a color from a traffic light the viewers will just by a glance have an indication of the project metrics status. When the dashboard shows red the viewer will by a quick glance be aware of the status and take necessary action. By showing green, the receiver will be aware of status as under control.

Dashboards for project management

Project dashboards differentiate from typical business dashboards by having to be updated more frequently. Harold Kerzner argues that dashboards for project dashboards, regardless of the projects nature, should include following core attributes ^[7]:

• Aesthetic appearance: Creating a visualization, which is appealing to the viewer or users and make them engage in using the project dashboard
• Easily understood: The information and data displayed should be communicated clearly and should be easy to understand leaving little room for misinterpretations.
• Retention: The information and data should be remembered.

Figure 2: Dashboards core attributes ^[8]

Depending on the nature of the project and the people involved, project dashboards have various different valuable functions. Following section will provide insight to some of the most important, but not limited to, functionalities. The important function which will be on focus for this article is:

• Communication of project objective
• Communication of project progress
• Cost-efficiency

Communication of project objective

ISO (DS/ISO 21500:2021) has defined project as “temporary endeavor to achieve one or more defined objectives” ^[9]. By this standard the success criteria for a project are to achieve the defined objective(s). Thus, the understanding of the project objective must be communicated clearly, and every stake-holder involved in the project must have a common understanding of the objective to perceive the project as a success. Another important point to emphasis is in projects (and especially in agile projects) the objective is changing, which further complicates the process of securing a common understanding of project objective.

Communication of project progress

Cost-efficiency

Implementing Project Dashboards

Limitations of project dashboard

Annotated Bibliography

References

1. ↑ Lamptey, W. N., & Fayek, A., Developing a Project Status Dashboard for Construction, 2012, International Journal of Architecture, Engineering and Construction, pp. 112-120
2. ↑ Harold, Kerzner, Project Management Metrics, KPIs, and Dashboards, 2017, Wiley & Sons
3. ↑ American National Standard, ANSI/PMI 99-001-2004, A Guide to the Project Management Body of Knowledge (PMBOK Guide), 3rd Edition
4. ↑ Stephen, Few, Information Dashboard Design, 2006, O'Reilly
5. ↑ Stephen, Few, Information Dashboard Design, 2006, O'Reilly
6. ↑ Harold, Kerzner, Project Management Metrics, KPIs, and Dashboards, 2017, Wiley & Sons
7. ↑ Harold, Kerzner, Project Management Metrics, KPIs, and Dashboards, 2017, Wiley & Sons
8. ↑ Harold, Kerzner, Project Management Metrics, KPIs, and Dashboards, 2017, Wiley & Sons
9. ↑ DS/ISO 21500:2021, Project, programme and portfolio management - Context and concepts, 2021, Dansk Standard