The Seven Keys To Success are used to assess the health of projects. Based on criteria agreed upon by the project sponsor and project manager for a project, the status indicator of each key reflects one of the following three colors:
Traditional project management status indicators tend to indicate the severity of the problem but the Seven Keys indicate both the severity of the problem and how quickly corrective action is needed.
No project team will have all the keys green all the time.
The status indicators focus the project sponsor and project team members on the issues most critical to the success of the project.