DICE Framework
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==The four elements of DICE== | ==The four elements of DICE== | ||
'''Duration''' | '''Duration''' | ||
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'''Integrity''' | '''Integrity''' | ||
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'''Commitment''' | '''Commitment''' | ||
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'''Effort''' | '''Effort''' | ||
Revision as of 17:35, 16 September 2017
Abstract
This wiki article presents the DICE Framework and goes into its details and how to use it. Creating successful change is increasingly becoming a factor in the competitive landscape. However, studies show that up to 75% of the transformation efforts fails to reach the intended results. The DICE Framework is a tool that greatly can help an organization to realise a successful project or change. The framework was created by Boston Consulting Group (BCG) who analyzed almost 1000 organizations (PM280) and found a distinct connection on the outcome, regardless of success or failure. The connection lies in the four elements; Duration, Integrity, Commitment and Effort that makes up the DICE Framework. To use the DICE Framework, the different elements have be be accessed and evaluated according to a set of subjective questions. Based on numerical answers, a DICE score can be calculated, which states how likely a project or change is to be successful. The DICE Framework can be used throughout a project to identify areas that needs attention, but can also be used to administer a portfolio of different projects to determine where managers need to put their focus.
The four elements of DICE
Duration
Integrity
Commitment
Effort
