The Scorecard module is the core of Oracle Primavera Portfolio Management. It includes a portfolio of investments measured against a set of key performance categories. Examples of categories include budget, staffing, quality, and business value. Scorecards also contain life cycle management tracking, including schedules and key deliverables.
Columns in a scorecard can be in any range of abstraction or scope, from the most complex and abstract, such as ROI, down to the smallest detail, such as the date of the next milestone. The portfolio scorecard provides at-a-glance visibility to all the investments in a portfolio, indicating the performance level of each investment based on the various categories. The list of investments is cross-tabulated with the list of categories, with each resulting value represented by a color-coded symbol or actual value. Managers use these symbols and values to quickly and easily assess investments and identify patterns or areas requiring immediate attention.
The indicators, which include green,
yellow, and
red by default, are determined either by evaluation functions that supply automatic and objective assessments of the status of the cells, or by manual input. Indicator colors and shapes can be customized for quick and easy scanning of summary data, reports, or complex results.
For example, an investment's good health might be indicated by across-the-board positive performance indicators, while multiple negative performance indicators could indicate that the investment is facing difficulties requiring critical attention. Positive indicators for multiple investments in each column signify satisfactory performance levels in categories, while negative performance indicators in multiple investments indicate a problem in a category.
In addition to the standard categories, the scorecard also includes critical information about the scheduling status of the various investments, in the special Life Cycles column. Thus, all the necessary information for controlling a complex portfolio is concentrated in a single module.