Project Health Indicator Tool
Implementation Resource 220-2, Project Health Indicator Tool: Assessing Project Health During Project Execution
The Project Health Indicator (PHI) supplements traditional performance tracking anticipating execution, and during the detailed engineering, procurement, and construction phases of a project. The PHI guides the project team in assessing 43 leading indicators of project success – defined as “fundamental project characteristics and/or events that reflect or predict project health. Revealed in a timely manner, these indicators allow for proactive management to influence project outcomes.”
The PHI indicates performance on eight project practices and five key project outcomes: cost, schedule, quality/operability, safety, and stakeholder satisfaction.