Project Heat Map Dashboard for Real-Time Risk Transparency

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Solution Overview

Problem

Current methods for viewing project metrics fail to provide an overall picture of project well-being and are time-consuming, especially when dealing with multiple projects, and communication of project messages is inefficient across traditional methods.

Innovation Solution

A system that generates a project heat map by accessing and analyzing project data to display completeness, material changes, and low-granularity status, allowing for real-time updates and improved visibility through a graphical representation.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Loss of information

If traditional communication methods (e.g., electronic mail) are used to communicate project messages, then communication can occur between members, but messages are not received by all relevant members and cannot be easily accessed or responded to

Engineering Contradiction:
Improvemessage accessibilityVSAvoidcommunication system
Core Design Contradiction:
Loss of informationVSDevice complexity

Solution Approach 1:

The patent merges project messages with project metrics in a single centralized dashboard interface. Instead of separate communication channels like email, all project-related information including messages, metrics, and status updates are integrated into one accessible location that all team members can view and interact with uniformly.

Inventive Principle:
Principle #5Merging (Combining)

Solution Approach 2:

The dashboard serves multiple functions simultaneously: it displays project metrics, communicates messages to all team members, tracks project status, and enables responses to messages. This multi-functional platform eliminates the need for separate communication tools while ensuring all relevant information reaches all relevant personnel.

Inventive Principle:
Principle #6Universality (Multi-functionality)

2Loss of information

If individual project metrics are analyzed separately, then detailed information is available, but overall picture of project well-being is not provided and analysis becomes time-consuming

Engineering Contradiction:
Improveoverall project pictureVSAvoidanalysis time
Core Design Contradiction:
Loss of informationVSLoss of time

Solution Approach 1:

The system combines multiple individual project metrics into a single comprehensive dashboard that displays both granular project details and aggregate portfolio-level information simultaneously. This allows users to view the big picture while drilling down into specific project metrics as needed, eliminating the time required to switch between multiple reports or analysis tools.

Inventive Principle:
Principle #5Merging (Combining)

3Loss of information

If detailed project metrics are displayed, then comprehensive information is provided, but quick assessment of project well-being becomes difficult

Engineering Contradiction:
Improveproject information completenessVSAvoidquick assessment capability
Core Design Contradiction:
Loss of informationVSEase of operation

Solution Approach 1:

The dashboard employs color-coded visual indicators (such as traffic light systems with red, yellow, and green indicators) to represent project status and metric performance. This allows users to instantly grasp project health at a glance while maintaining access to detailed underlying metrics through interactive elements, combining quick assessment with comprehensive information availability.

Inventive Principle:
Principle #32Color changes

Data Source

PatentUS10380528B2Interactive approach for managing risk and transparency
Publication Date: 2019.08.13 JPMORGAN CHASE BANK NA
  • US10380528B2 patent drawing
  • US10380528B2 patent drawing
  • US10380528B2 patent drawing

AI summary

A network interface accesses project data, wherein the project data comprises a metric for a project. A processor determines a project completeness based on the project data. The network interface receives a project assessment and also accesses updated project data, wherein the updated project data comprises an updated metric for the project. The processor then determines an updated completeness of the project, and determines a change in the completeness of the project. When the change in the completeness of the project is over a threshold, the processor sets a material change flag. The processor also determines a low-granularity project status. The processor then generates a project heat map. The project heat map is displayed in a tabular format. The project heat map presents the completeness of the project, material change flag, and the low-granularity project status for the project simultaneously.