September 24, 2021 by Identify Gaps And Build Alignment For Project Readiness The Project Readiness Pyramid is a self-assessment tool that enables project teams to measure the readiness of their project relative to industry best practices. Using the familiar concept of green, yellow, and red traffic lights, the Project Readiness Pyramid provides a clear, comprehensive overview of your project’s readiness and effectively measures team alignment across all key functions and workstreams. It is designed to guide your team through proven best practices for planning and developing projects at each phase in the Front End Loading process, and to help you anticipate challenges before they become project delays and/or cost overruns. The Project Readiness Pyramid provides your project team with a Project Readiness Index (PRI), a quantified measure of project readiness at each phase. It is generated by measuring the planning status across 21 component areas of project definition. The degree of alignment of the team members and the planning status are both components of the PRI Score. Over more than two decades of application, AP-Networks has demonstrated that as the PRI Score increases, cost and schedule performance improves, and project outcomes become more predictable and more competitive. In addition to measuring overall status and alignment, the Project Readiness Pyramid proactively provides links to specific job aids to improve the readiness of specific areas. The Pyramid can generate numerous reports, complete with multiple layers of drill-down and cross-referencing. These reports help to pinpoint deficiencies in the definition of the project or the alignment of the team, offering a clear indication of where to focus resources to improve readiness. Backed By Data, Trusted By Industry The Project Readiness Pyramid is a reliable indicator of project readiness, as proven through hundreds of projects. It is a tried and tested tool rooted in statistical regression models that use empirical data from AP-Networks’ engagements across industries. As the AP-Networks Capital Project Database expands with each new project, our database tool becomes ever more robust. AP-Networks’ Project Readiness Pyramid tool is included in the following platform subscriptions: Capital Projects Network LEARN MORE