Microsoft® Project Do’s and Don’ts: Creating a Risk Assessment Dashboard: Part 3

In Part One of this series I illustrated a simple method to identify, quantify and evaluate risk in tasks and projects.

Part Two illustrated how to use the information from Part One to create a “Risk Assessment Dashboard”, complete with a custom table, lookup tables, formula and graphical indicators.

This article will show how to use the new “Risk Assessment Dashboard” in data grouping. When the custom fields were created in Part Two, Project was ready to group them. Once grouped, tables could be employed to view specific types of information such as how much work or cost is anticipated for each level of risk. See the figure below for details. Click on any figure in this post to enlarge the figure.

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Grouping a field is built into the AutoFiltering feature in Project. Select the “Risk Assessment Table”, then check that field grouping is available by first examining the “Risk Severity” field’s column heading. If you see a list icon to the right of the field description, you can begin grouping immediately. The figure  below illustrates where the list icon is in the column heading.

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If it’s enabled, click on it and you’ll be rewarded with a list of options including “Group on this field”.

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When selected, the grouping is presented. Note that data in  each group is being summarized via data rollup in the figure below. At this point choose the table that meets your need, such as “Cost” or “Work”. The first figure in this post is displaying the Cost table.

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If AutoFiltering is turned off and the list icon is not visible, turn it on! Choose the “View” tab and click on the “Filter:” list icon to get the list of filters and filtering options. Click on the “Display AutoFilter” option.

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When it is time to remove the group, ensure you are back in the “Risk Assessment Table”, then click on the group’s field heading and choose “No Group”.  You’ll be returned to the ungrouped table.

In Part Four of this series I will use the fields, the formula, graphical indicators and grouping from this blog entry to report on risk. I will illustrate how to use a defined custom data group to summarize the cost, work and schedule that is developed in the project so far by their respective risk severity. Then we’ll graph it!

 

Did you enjoy this blog post? If so, please let me know in the comment fields below! I love to hear from my readers.

 

Written by Sam Huffman
Sam Huffman first gained insight into Microsoft Project while working as a member of the MS Project development and support team. He has maintained his depth of knowledge of MS Project with each release and is a leading authority in the use and features of MS Project, Project Server and Project Online. Since the early 1990's Sam has honed his instruction skills by delivering training programs to thousands every year. Sam is a frequent content contributor to the Microsoft Project User Group (MPUG) and speaks to groups often about MS Project, Enterprise Project Management and the discipline of Project Management. He was awarded Microsoft Most Valuable Professional from 2010-2017. Check out his blog on MS Project. The softcover version of my newest book Microsoft® Project Do’s and Don’ts is now available for purchase! It is portable, brief and to the point so you can find help when you need it. Through tips, best practices and examples it will help you jumpstart your project!
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  1. Hi Sam,

    Great series of articles. The only item I would change is to put a number next to Low/Medium/High names in the fields. They would still group the correct way, but also be sorted from Most important (highest risk) to least important.

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