How to Create Projects using Project Accelerator !

Hello,

Today I will show you how to Create new Project using Project Accelerator, and then how to analyze them using Program, also within Project Accelerator.

First I will create my first Project:

and I will get:

Summary Tab

Name: The Project Name
Owner: The Project Owner (I can choose anyone from my Azure Active Directory)
Project Type: I can select:

Security
Cloud Computing
Application Development
Maintenance
Internal Readiness
Other

Program: The Program to which the Project belongs I can select from the list of Programs which I already created (see my Post: Programs in Project Accelerator and Microsoft Project for the Web | Nenad Trajkovski (ntrajkovski.com))
Business Unit: To which Business unit Project bellows. I can select:

IT
Product Development
Operations

State: The Project current state. I can select:

(1) Proposed
(2) Active
(3) Closed
(4) On Hold

Stage: The Project current stage. I can select:

(1) Create
(2) Select
(3) Plan
(4) Manage
(5) Close

Priority: The Program Priority. I can select:
- (1) Critical
- (2) High
- (3) Moderate
- (4) Low

Executive Sponsor: The Project Sponsor. I can choose from the user list in My
Azure Active Directory

Manager: I can choose from the user list in My Azure Active Directory
Project Manager: I can choose from the user list in My Azure Active Directory

Calendar Template: The Calendar Template which the Project will use.
Funding Available: Is funding for the Project Available (Yes or No)
Estimate Start Date: Expected Project Start Date
Duration (Days): Project Duration in Days (this field is going to be calculated)
Finish Date: Project Finish Date (this field is going to be calculated)
% Complete: The Project completeness in % (this field is going to be calculated)
Effort (Hours): The Effort in hours (this field is going to be calculated)
Effort Completed (Hours): The Effort completed in hours (this field is going to be calculated)
Effort Remaining (Hours): The Effort remaining in hours (this field is going to be calculated)

Business Case Tab

Description: Project Description
Business Case: Here I can type Business Case for the Project
Value statement: Here I can type Value statement for the Project
Strategic Alignment: I can select:

Extreme
Strong
Moderate
Low
None
No Rating

Improve Employee Retention: I can select:

Extreme

Strong

Moderate

None

No Rating

Lower Cost: I can select:

Extreme

Strong

Moderate

None

No Rating

Risk: I can select:

Extreme

Strong

Moderate

None

No Rating

Prioritization Score (this field is going to be calculated), according to Formula:

No Rating = 0
None = 0
Moderate = 50
Strong = 75
Extreme = 100

Prioritization Score = (Strategic Alignment * 0,25) + (Improve Employee Retention* 0,25) + (Lower Cost * 0,25) + (Risk * 0,25)

Financial Tab

I don’t have to explain those field, except ROI which is calculated as (Benefit – Budget) / Budget. I did not put anything in Actual field, because I am creating the Project, and so far I don’t have any actual costs for the Project.

Funding is available, and Funding Source is Internal (I could also choose External)

I will not show Resources and Task Tab, because there is nothing to show for now, and I will explain Risks, Issues and Changes in separate Blog Posts.

Status Tab

I can choose Overall Health, Issue Health, Schedule Health, Effort Health, and Financial Health and choices are:

(1) On Track
(2) At Risk
(3) Off Track

I can also choose if the Project need staffing (YES or NO). Finally I will save the Project. After the Project is saved, I can jump to the Task Tab, and create some Tasks: