DICE Framework

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Contents

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 has be be accessed and evaluated according to a set of 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 framework gives the managers the opportunity to worry about the right things, instead of issues that are less important. If managers have scored differently on the same DICE framework, dialogue is triggered and the framework provides a common platform for discussion.

Big Idea

History

Application

The four elements of DICE

Duration

Integrity

Commitment

Effort

Limitations

Annotated Bibliography

References

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