Turnaround Readiness Scoring

Turnaround Readiness Scoring

An event's turnaround readiness score is a single unified metric compared to a target score. These scores provide a standardized measure of readiness that can be used to track the progress toward an event over time, or to monitor and compare turnaround readiness toward events in a portfolio.

Turnaround readiness scores are evaluated based on the expected progress towards turnaround at the time of the assessment. Each category score is derived from the normalized and weighted scores of the factors within the category, which then are rolled up into the overall assessment's readiness score. Only factors applicable to the T-X assessment are included in the calculation. Factor applicability is described in Turnaround Readiness Factor Display Logic.
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    • Turnaround Readiness Factor Display Logic

      Turnaround Readiness assessments consist of a number of factors organized within categories. Each factor has both a target start and target finish date, calculated based on the overall event's Oil Out Date, which determines whether the factor is ...
    • Category Readiness

      The Category Readiness page displays Category Readiness scores compared against the target score for the assessment. Chart Lines: The Category Readiness chart includes the following lines: Green – Target category score for the current assessment Blue ...
    • Overall Readiness

      The Overall Readiness page displays the Overall Readiness Curve chart, which plots the readiness score for each assessment over time for that Event. Chart Features: The Overall Readiness Curve includes: X-Axis - Months Out (T-25 to T-1) Y-Axis - ...
    • Manage Events and Assessments Overview

      Within Carve, Assessments are contained in Events, which can be assigned to Portfolios. Events contain Turnaround Readiness (TAR) Assessments. To manage events, users can: Create Assessments View Assessments (view mode) Complete Assessments Delete ...
    • Subsequent TAR Assessments

      When creating a new assessment within an Event, users have the option to copy findings and Assessors from the most recent Turnaround Readiness assessment. Copy Findings and Assessors To copy findings and Assessors from a previous assessment: From the ...