Overview: From Project Approval to Program Management
This webinar demonstrates how to build a complete project lifecycle workflow using monday.com. The workflow connects five key board types: Project Approval, Program High-Level, Project WBS (Work Breakdown Structure), Risk Register, and Dashboards. Automations link these boards to reflect real-world project management processes, saving time and improving visibility. For a fundamental introduction to the platform's capabilities, refer to our Complete Monday.com Tutorial For Beginners (Work Management Guide).
1. Project Approval Board: The Single Source of Truth
All project ideas, whether from internal teams or sales departments, should arrive in one central board for evaluation and decision-making.
- Structure: Use a board with groups for "New Requests," "Under Consideration," "Approved," and "Rejected."
- Form View: Create a form from your board columns to capture project proposals. This form can be shared via a link or embedded on a website. When submitted, new items automatically land in the "New Requests" group.
- Business Case Template: Link to a separate template board where proposers can detail anticipated outcomes, milestones, and cost-benefit analysis.
- Approval Automation: When the committee approves a project (and assigns a PM and budget), an automation moves the item to the "Approved" group.
- Cross-Board Automation (Key Feature): When status changes to "Approved," a second automation creates an item in the Program High-Level Board, mapping columns like Project Name, PM, and Budget. This creates the project record instantly.
2. Program High-Level Board: The Strategic Overview
This board contains all approved, active, and completed projects, acting as a portfolio view to track progress toward larger business objectives.
- High-Level View: Each project is a single row (item). This is not for detailed task management.
- Project Lifecycle: Use a status column to track phases like "Upcoming," "Planning," "In Progress," "Launch," and "Closed."
- Initiating the WBS: A critical automation triggers when a project's phase changes from "Upcoming" to "Planning." This automation:
- Creates a new board based on a pre-built Project WBS Template.
- Names the board using the project name.
- Notifies the assigned project manager.
- Creating the Template: To create a reusable template, set up your WBS board with all desired columns and groups, then go to
Board Menu > More Actions > Save as Template.
3. Project WBS (Work Breakdown Structure) Board: Detailed Execution
This is where you manage day-to-day project activities. The board structure mirrors a WBS:
- Groups = Work Packages (e.g., Planning, Execution, Launch, Closure)
- Items = Activities or Tasks
- Subitems = Sub-activities (new feature)
Schedule Management
- Baseline Timeline: A
Timelinecolumn representing your best estimate for each activity's duration. - Dependencies: Use the dedicated
Dependenciescolumn (created via automation) to link predecessor and successor tasks. Changing a timeline will automatically shift dependent tasks. - Milestones: Create a separate group for milestones. Link them back to their respective work packages using a
Link to Itemcolumn for filtering. - Timeline View: Pivot your board to a Timeline view, grouped by work package. This provides a Gantt chart-like view. You can share this view as a public link (even for non-monday.com users) to keep stakeholders updated. For deeper guidance on structuring these boards, see Building Workflows in monday.com: Best Practices for Board Structure.
Planned vs. Actual Tracking
- Automation: When status changes to "Done," an automation sets an "Actual Date of Completion" column to the current date.
- Formula Column: Use a
Formulacolumn to calculate the difference in days:DAYS({Baseline End}, {Actual Date of Completion}). A positive number means late; a negative number means early. - Status Formula: A second formula can categorize results:
IF({Days Diff}>0, "Overdue", "On Time").
Effort Management & Workload View
- Columns: Add
Planned Effort(Number, e.g., hours) andOwner(Person) columns. - Workload View: This board view (also available as a dashboard widget) requires:
Ownercolumn (Person)TimelineorDatecolumn (Baseline)Effortcolumn (Number or Items count)
- Capacity Setting: Set a weekly capacity (e.g., 20 hours). The view will visually show when a team member is over-allocated, allowing you to reassign tasks.
Cost Management
- Tracking: Add a
Numbercolumn for expenses and aDropdowncolumn (or Status) for cost type. - Dashboards: Create charts to visualize spending:
- Bar chart: X-axis = Work Package, Y-axis = Expenses Sum.
- Cumulative line chart: X-axis = Date (e.g., Actual Date of Completion), Y-axis = Cumulative Expenses. Add a benchmark line for your approved project budget.
4. Risk Management: The Program Risk Register
Manage risks for all projects in a single board to improve knowledge sharing and decision-making.
- Structure: Each group represents a different project.
- Identification to Analysis Workflow: Columns are used from left to right:
- Identify: Date Identified (auto-populated), Risk Owner, Status, Category.
- Analyze:
Probability(Low/Med/High) andImpact(Low/Med/High) status columns. - Risk Level (RAG): Use multiple automations (10 in this demo) to set a
Risk Levelstatus column (Green/Amber/Red) based on the combination of Probability and Impact. - Quantify: Use a
Formulacolumn to calculateRisk Rate(Probability score * Impact score) andExpected Loss(Risk Rate * Full Potential Loss). - Plan Response: Enter
Response Costmanually. AFormulacolumn provides a recommendation: "Mitigate/Eliminate" if Response Cost is less than Expected Loss; "Track" otherwise.
5. Dashboards: Monitoring & Control
Create a single dashboard to monitor project health and progress.
- Text Widget: Label sections (e.g., "Schedule Management").
- Overview Widget: Shows project status (On Track/At Risk), % Done, and overall timeline dates.
- Number Widget: Filter to show metrics on completed activities only (e.g., "Lead/Lag Average Days" and "% on Time").
- Timeline Widget: Display a Gantt chart of multiple or all work packages.
- Workload Widget: View resource allocation from the project board.
- Chart Widgets: Cumulative expense chart, budget by activity type.
- Risk Dashboard: A separate dashboard for risk insights:
- Battery widget summarizing risk levels (Green/Amber/Red).
- Average risk rate for high-level risks.
- Analysis of potential loss vs. expected loss vs. response cost. For a step-by-step introduction to building these dashboards and boards, check out the Monday.com Project Management Tutorial for Beginners 2023.
hi everyone my name is dawn i'm an enterprise CSM at Monday comm and I'm as I said earlier I'm very happy to be here
and to show you how we can learn of using Monday to better streamline your project life cycle it doesn't matter
whether you work in tech construction or or Hardware as a project manager from being assigned to a project as we all
know to setting the priorities aligning goals and managing your resources while always trying to communicate the results
to the internal and external stakeholders managing a project life cycle it doesn't matter if your title is
a project manager or not going to be a very intense challenge in this webinar we're going to cover how to use Monday
comm to streamline the entire project lifecycle stages from the creation of the approval process where we are
debating if to start the project if it is aligned with our business goals to the program high-level board and we're
going to talk about what is a program a collection of projects under the same context to the project WBS the project
board itself are we gonna plan the project that's of an executed and up to the relevant views and - what are we
gonna use along the way to better monitor and control our progress of the project itself okay
the workflow will present us the entwines between the different boards reflecting the reality of managing any
type of project and connects everything using the platform automation functional we're going to talk a lot about
automation and how they can help us save times and move things along much more quickly okay so a my name is dawn mentor
price success manager joined the company two years ago funny fact that the newest functionality was timeline when I joined
the company and I'm a proud new dad to Chia eight months old puppy that just joined us during the coronavirus period
so this is a bit about myself and I am honored to be here with you guys and this is the agenda we're gonna go
over the project approval process we then we're gonna dive into the program high-level board and we're gonna explain
everything we're gonna go through the project WBS the activities boards where we're gonna manage and plan our project
then we're gonna see how we can utilize the platform for risk management and of course how everything is apply to the
dashboards and views that will help us to better monitor and control okay those are a few of the features that we are
going to explore doing the webinar from forms to cross board animation integrations board views sharing views
work the widget even a few of our newest apps from online dock to form viewer formulas everything will be here so feel
free to ask question in the chat section and in the Q&A during the webinar itself okay but before we gonna start some
housekeeping regardless also what we showed earlier please put your question in the Q&A box
at the bottom of the zoom screen we'll have two members from our CX team helping us to moderate those questions
by writing the answer in the Q&A box itself they will also be collecting some of the
question for the live portion at the end we're gonna leave at least ten minutes for a question regarding the workflow
and the methodology that we shared and of course a recording of this webinar together with its templates that we
shared also in our blog and as support article that you got today will be sent to anyone who's registered so if you
need to drop off early no worries and finally for any reason at any time you can see the screen or hear me please
write it in the chat box to alert us and let's get started and let's dive in to the platform itself
so we diving in to account that I created to show us exactly what we're going to cover today and we're going to
start from the project approval board what you see here first of all is that we have our main workspace project
workspace inside we have the different folders explaining the different areas of the board's that are inside we have
the high level we have a folder for project that we see how we're utilizing better we're gonna see also the
templates that we're using and we can have different workspaces for different departments okay so here we have the
workspace for customer care in any other department that is part of the accountant so this is how Monday is
acting as a work operating system for multiple departments okay just before we gonna dive in just want to make sure
because I see that people can maybe see the screen can you guys just write that you see the screen and you can hear me
and everything is okay excellent thank you so much Jed but I cannot see just want to make sure that everyone can see
100% but I'm in Boston and seeing here fine okay excellent thank you guys okay so what are we gonna start from the
cornerstone of the project process will be the project approval it doesn't matter if forgive me for a second it
doesn't matter if it's the project's come from an internal team at your company or the team member are
encouraged to suggest project or it's coming from some sort of a contractual project that starts from a Cell
Department for example we still need one central place for any new or suggested project to arrive so we will be able to
evaluate them and to decide if they're those this project is gonna start so what we did here we created a board for
projects approval each column reflect the information that we want to capture and evaluate later on you can see that
we have three different groups okay so I'm gonna collapse all groups for different groups showing new requests
under consideration approved or reject okay if we're gonna go to the new request you can see that the items the
project ideas are coming using the forum functionality and the forum functionality sorry for that is by using
our forum view based on the columns that I have that I created here I can create a form view and I can share it or embed
it in any other website that I want and I can decide if to show the relevant question okay if it will be required
maybe the request day that I automatically update we don't want to show it so it don't need to be shown I
can put some information for each one of the question that I want and I can share it with as a link in the Internet okay
so people will be able to share I can even embedded it as we said so when someone is filling the form it will go
straight away to the new request group okay then I will be also be able to go even to see the business case analysis
that this relevant person put and for example let's say that we want to allow people to better
explain their project and the anticipated outcomes and the result of the project we created a template for a
business case analysis that people can use okay and they can create this board change it to their own needs we created
here different save views that can help them to show the major milestones cost benefits and then just to take the link
and use it in the approval process and to submit it so the committee or anyone else that is going over the project will
be able to review it okay once the committee review the information and decide the outcome okay
they will use the automation first of all if it's gonna be a proof they're gonna assign the PM using the people
column that we have they're gonna put their relevant approved budget and then they're gonna change
okay the status so let's say here and project Juliet then I'm putting I'm deciding that myself will be the project
manager I'm gonna decide that this will be the amount that I will allocate to this project and the moment them I'm
gonna click approve we have an automation that will take the item straightaway to approve okay so we have
an automation based on each and every one of the statuses that will take it to the relevant group now we're gonna use a
cross board automation cross boarder automation that will really make this nice board so far as an actual workflow
okay and for that lets go to the automation center itself and we'll see that we have eight automation in place
the automation that I showed you so far was when status changed to something move it to the relevant group now we're
going to use this automation when status changed to approve okay I'm gonna click on it create an
item in the program high-level board and you can see that by creating the item I can map the different entities in the
different columns between each one of the boards then we'll move to the relevant board with the relevant to the
relevant group it won't gonna move it's gonna be created in a different board and I'm gonna even use the link to item
that we will cover later on and they selected the boards and let's see it now so when I click the prove them project
Juliet what happened was that in the program high-level board a project Juliet was created together with the PM
with the budget that I mapped in the other board and automatically the project phases upcoming because I set an
automation that will say that every time that an item is created the project phase will be upcoming now the only
thing that I need to do as a project manager is to make sure that I'm putting the project timeline in place now let's
go a bit backwards to understand what is a program high-level board this board will include all the project that was
approved by the committee or the projects that we are currently working on okay this board will effectively show
the high level overview of all the different projects while the projects are temporary one-off undertakings
programs like we see here contains multiple interconnected projects under the same
area so this board should be built in a way that it will help us visualize if we're on the right path to reaching our
our larger our larger business objectives okay a high level board this is what we have here this is what we
call in our Monday methodology a high level board okay it's not the place where the project manager itself is
going to manage the project here you can see the project itself it's just an item a row but it's where the projects is
going to start it's where we're gonna see the high level of the project process itself okay but from here this
is the area where we're going to initiate the project WBS the project board itself and let's see how we're
going to do that okay now we created an automation sorry for that again we created an automation that every time
and you can see from the beginning that we have here all the different project phases that will lead us throughout the
different stages of the webinar so we created an automation here that when product face changed from
upcoming to planning it will create a new board and let's dive into it it will create a new board
based on one of our templates and in a second we will see how we can create a template it will take the post name the
item name of the project itself and it will notify the relevant project manager that this is the board for him
or for her to manage the project so hi p.m. here is the board where you will manage the entire project WBS work
breakdown structure that we'll see in a second and we'll understand what is it okay so I'm sure that a lot of you are
asking themselves what or how you can create a template so this is a great question and before we got to see how we
created this automation let's go to the project WPS WPS template this is the template that we created for the project
WPS and when you have everything in place you're just gonna go to more actions and you're gonna create we're
gonna change your project to be order your board to be a template that you will be able to use later on when
creating a new board or when using in the automation now going back to the program hi lava board when I'm gonna
change project Juliet from upcoming to planning it will jump to the current projects group and you will see that
under this folder a project Juliette will be created
okay and now if I'm gonna go and because we don't want to see or to explore the project WBS from the template itself
we'll go to project Romeo where we can see a project WBS that is already in action but before we gonna do that let's
do some sort of reverse engineering and see what we covered till now we covered the ability to capture all the project
ideas to the project approval board by using a cross board automation when a project was approved it moved to the
project program high-level board with all the relevant information and also linking using the link to item all the
information from the project approval board this link to item is a column that allow us to link one item to a different
item or multiple items in a different board and it's allowing the project manager to see all the relevant
information that came from the project approval brief then when changing the project from upcoming to planning
a project WBS work breakdown structure was created inside the projects folder notifying the relevant p.m. that
this is his or hers board to manage the project this is what we cover so far I see that
now I sign her ask what does WBS stands for we're just gonna dive in straight away to that see there's a lot of
question a thousand seven hundred people amazing and now we're in the stage of the project work
breakdown structure this is where we're managing the project itself this is where we are managing the planning of
the project and this is where we also gonna work on schedule management effort management and cost management of the
project itself now with your permission I'm gonna zoom out just a bit so you will be able to see the board here in
the project WBS work breakdown structure we have the different entities of the platform reflect as the different
entities of the project each group is a work package or what we called a group planning the execution launch closure we
got to talk about milestones as well each item is an activity of the project itself and the columns that we have as
you know we have seven basic columns and over then forty other columns that allowing us to apply almost any workflow
on the platform giving us the ability to support what we call planned versus actual or to see if our planning is
actually aligned with the project goals and if we are moving and progressing as we want it to be and now we're going to
break it down to schedule management effort management and cost management by using this great
project board so first we will look at the schedule management using this board and we're gonna talk about two different
terms one is baseline and the second thing is dependencies as you can see we have here the owner for each activity
this is the project team not only the project manager we have here the status to reflect what is the current status of
the activity let's open a few other groups as well and we have the baseline the baseline here is our timeline column
where we are actually putting in the times that we think it will take us to finish its activity what will lead us to
the goal of when we need to finish our project a lot of project managers are also going to do reverse planning when
they have a deadline they're gonna plan from the deadline itself to the first activity that they need to do now a lot
of different project management methodologies are using dependencies predecessor and successor there are
tasks or activities that are dependent in the other one so here using the dependency column that we have we set
the dependence dependency between each activity and later on when we go to the timeline we will see our actually when
you're changing one timeline it's gonna change the entire project based on that and based on the dependencies that we
have okay now it's not only to create the baseline we also need to see if we are standing or if we are completing the
project comparing to the baseline that we created so first of all let's see how we can create dependencies and then
we'll see how we can measure ourself in our baseline okay so dependencies can be created by
using automations and when creating the automation you will go to Dependencies okay and you can see that
this is designed for dependency automation and adjust the baseline this is the column that we chose of an item
to reflect the changes made in the date of the predecessor item this is the column only from the automation you can
create a dependency column and later on we'll see how the connection is shifting different baselines when one is moving
as well okay now the second thing that we want to show that will lead us to the Timeline view is milestones milestones
are important events in time along the project timeline and they should be distinguishable from the other
activities to show milestone we decided to create a different group here where each milestones for each group is being
created in this group well we know that it relate to the work package to the relevant group by using this column
those activities are related to execution and this one is the milestone for execution if I want to see all the
activities and the milestones I can always filter my entire board based on that column and let's say that we want
to see closure so now I can see only the activities of closure and the relevant milestone of closure as well I can save
it as a view and call it closure view and now I can see the view itself okay but why we created the milestone that
our event in time and not actually a task in a different group because now when are we gonna go to the timeline of
view well of course we can pivot the board to a time of you and many other views that
we will discover along the way we can see the project in a very nice gunt way that will allow
us to understand our project better we can see it divided by different groups okay let's clear everything from here so
what we did was to group it by the work package the column that I showed you showing only the baseline and now we can
see the different milestones in a different color because the color coded is dependent on the different group I
can actually manage the project from here by opening the items and see all the information that is coming from the
different columns and as I promised you if we're gonna shift activity one here you will see later on there's all the
different activities as you can see now are shifting exactly based on that and this is happening due to the dependency
column that we created together so we can see how beautifully everything is pushing because we pushed activity 1 so
we covered milestones that it's a very important area of understanding the project and its progress
we covered our ability to set dependencies between each and every item and now I want to talk a bit about
planned versus actual I'll do a short stop just to see the different question I know that we have you down and ELISA
from our customer experience team answering all those different questions and I see great questions coming from
your end I'm reminding you that the last 10 minutes will be dedicated for questions that I will answer now let's
talk about planned versus actual ok in order to be able to understand lead or lag time did I finish this activity
before the time that it's needed or after to generate reports later on the necessary information inputs that I need
for better planning in the future ok we can use a combination of an automation and a formula column and I will explain
we created a date column called actual date of completion and we and automation that everytime status
will change to done the actual date of completion the date that I showed you will document the relevant date plus
zero days meaning with the actual date itself okay so let's give an example if I'm
working on this activity and I'm gonna click done look what's gonna happen now to the actual date of completion it's
automatically documented the date that I finish this activity and by having those two date columns one is the actual date
of completion in the second is the baseline itself I now can use the formula column that I
am here okay formula is one of our 40 different columns that we offer and by using a
very simple formula we need to just need to take the day's function okay so days will be found here those are all the
different functions before that we put around us that we won't have any long numbers and we took the baseline the
timeline the end of the timeline and next to it after the comma we put the actual date of completion and that's it
and now we can see that this activity was done eight days after the baseline and the deadline itself so May 25th but
it's actually has been done on June 2nd ok another formula next to it that we will see how we're utilizing later on is
showing us that if the number here is less than zero so it's overdue and if it's more than zero so this activity was
done on time and those columns were later on help us build the metric that we need on our dashboard to better
analyze our actual versus planning so just to sum it up again we went over the automation that when status changed
the date will be documented automatically and by using that and the formula column we compared between the
actual day to the baseline itself show the number of days and also show if it's overdue or on time
so till now we finish the schedule management we cover baseline we cover dependencies we covered milestone and
how they can be reflected in a timeline view we also covered the planned versus actual by using an automation and
formula column one last thing that I want to show in terms of communication to stakeholders is that the timeline
itself that we created for the project can be shared as a link I'm gonna do it again from the three
thoughts here as a link and to be send or to be embedded is an iframe and people that even
they're not using a Monday dot-com can bees can see and can be updated from the project progress in a real-time
so this is a very important functionality that we offer to bring people that even if they're not part of
the platform to the platform itself and to consume information from the platform itself
now let's talk about effort management okay every project manager need to be able to understand the effort required
for each activity of its team members and to be able to aggregate it to an overall picture something that will let
you know if your planning was okay or not based on real life based on the amount of hours that you want each and
every person to work on to work on the activities other project on project team members are doing also other things as
well we want to make sure that they have a good spread of responsibilities for their activities and if not to make sure
that we can reassign tasks accordingly to prevent those bottlenecks that we find from time to time in project
management almost 70% of the project that was done after the time that they needed to be
accomplished the product manager said that the reason was and not not enough planning in terms of workload management
so the columns that we added here was two number columns one is the planned effort and one is the effort spent
itself so each one of the project team members or the project manager is putting in the relevant effort that he
or she thinks that it will take him to finish the activity and I will give an example for activity six I'm the owner
I know that I have four days but I think it will be thirty hours it's a big activity I'm gonna spend almost every
hour of my day doing this activity in the end actually I spent 36 hours also something that I'm gonna put manually
here but we're still in the planning stage and because now I have the timeline and the owner and the planned
effort I can see the big picture of the entire project and when and where my project team members will exceed the
capacity that we set for this project and let's see how we're gonna do it we're gonna use the workload review that
is also a widget and dashboards and let's see how we build it we have the timeline column we need a date column
the baseline the timeline that we talked about we have the owner a person column that will help us to understand who is
the responsible for this activity and we have the effort the effort could be the items the actual number of items or some
sort of a numeric column that reflect the effort and here we can use the plan effort I can put a capacity of 20 hours
a week that I don't want anyone to exceed and now I can see that I'm exceeding in the week of the 8th to the
20 to 14 with 24 hours I can see the actual activity I can click here and it will open the activity and I can go
throughout the entire project and my team members and to see where I need to better allocate or to reassign those
activities because it's not aligned with my capacity so this is the workload
management then just to cover it up we need the baseline column one of the date column we need an owner and we can use
the effort to be items or any other numeric columns that we're using in this board okay so this will really help us
to better manage the effort in the workload of the project I see there's great question also that
are going through everyone now what I want to show you is cost management there are multiple ways to
manage cost management and there will be projects that are managing cost who are the different board itself I wanted to
create the ability to manage the cost in one board and also to see how we can track it in different visual ways okay
in this project WBS in this project board we added a number column to reflect the different expenses okay here
are the different expenses and another drop-down column a very similar to the status column but with unlimited options
although without the colors to reflect the cost type itself if we set up our budget tracking this way we can then use
any type of chart that we want for example the expenses by typing to better understand where our budget is going to
and for example let's create a new chart together now we will do a bar chart and we will say
that the x-axis will be our work package column and now we're not going to use the items but we're gonna take the
expenses and we can see that most of our expenses going to the planning stage and less of the expenses the small portion
is going to the launch phase where we already up in the air as we like to say and the closure we don't have expenses
at all yet this could be planned or this could be the actual expenses itself based on how you decide to look at this
column another thing that we can do is to see the expenses tracker what we did here is a very fairly new functionality
that we added to our charts the a cumulative line chart and what we did here we took the week the day the actual
date of completion when we finished the activity to reflect the date columns here
and by ticking the accumulative data we can see the expenses rising through the project itself and we even had the
benchmark line to reflect the project approved budget if you remember from the program high-level board and even before
that from the project approval board where the committee approved the relevant project and the project manager
can see that the project team is not exceeding the project approved budget see a lot of good question here just to
do a short sum up of what we covered till now we use the project WPS the project board itself WBS stands for work
breakdown structure where you're actually breaking down the work itself to work packages what we see here is
groups and under work packages you have activities we all know that now we have the new functionality even of sub items
of sub activities inside the activity itself okay I will be happy to answer a question about it later on but we see
that we have here three operational level to manage our project the group what we call work package the activity
what we call the item and also even the sub items itself we saw how we can go over schedule management using the
baseline the dependencies and the milestones and how it can be reflected in our timeline of view
okay we saw how the ability to have an owner column the baseline column and the planned effort to help us manage our
workload of the team of the projects using the workload management and we even saw how one expense column a number
column can help us get better insights using charts of our costs an approved budget for the entire project now I want
to talk about risk management every organization need a place to track their different project risks to get a better
decision-making for knowledge sharing across the different project functions I'm now gonna move to a different board
so I'm gonna open the Left panel I'm gonna go to the high level folder what are you gonna have our program risk
register remember program is a high level board that could see the entire high level or can see the risk
management of multiple projects why we decided to use one board for multiple projects because here we will be able to
capture more insights of risk across different projects projects for lessons learns and for people that are starting
a new project as you can see each group is reflected reflecting a new project or a project okay so let's take project
Romeo that we are working on using those different columns in the board that you can see here it allow us
to better identify the risk for each projects and then to analyze them and to plan their response for each one of
those risk and later on also to monitor and control and this is what I'm gonna do now I'm gonna go from left to right
and to explain how we're using those different columns to [Music]
first of all identify then analyze and then plan the response and monitor and control so we have each one of the risks
here okay we have automatically the date that it was identified we used an automation that will say that when an
item is created said the date identified to creation plus zero days and then we even put the risk owner the risk current
status in the risk category because we have different risk categories that we later on one may be to see a big picture
of them and now we have two essential components for understanding the risk level probability and impact and we need
to understand what is the probability and what is the impact of each one of those risk and to better understand what
are we going to see now I'm going to take you to a new app that we created okay that will
give you the ability to see any website that she want and here I'm gonna show you how using automations inside the
board itself we're gonna recreate this metrics when probability is low and severity okay this is how they use the
terminology as low as well it's gonna be low and when it's high and high it's gonna be high as well okay and this will
better help us to understand what is the risk level of this item okay so I'm gonna show you an example I'm gonna take
a risk farm it's gonna put automatically the day then the person let's say that the risk is now active this is a
management risk and now we'll look what I'm gonna do it I'm gonna put probability will be high and the impact
will be medium together it's six okay high equals to three this is a formula column
just saying that high three medium is too low is one impact as well giving us the same result in the formal column but
we created an automation that is saying that if one status is something and a different status changed to something
else the result will be a third status and let's see how by using ten automations we covered the entire
metrics when impact change to low probabilities high chain risk level - amber we're doing some sort of or rag
management red amber green to better understand our risk when impact change to low probabilities medium change risks
to green because low is one medium is - it's gonna be low it's gonna be green and this is how we are better
identifying our risk level okay so we finished here the ability to identified our risk now we need to better analyze
the risk itself so we took the risk rate that is a combination of both columns here just to multiply the impact and the
probability itself and we will say that if it's six okay we will multiply it to be as similar as closer as it can to a
hundred so we multiply by eleven point one so the current probability of this risk is 33% 99% sixty-six percent and
then we can put manually the full potential loss what will be the loss if the risk will happen full power
okay so let's say that is 29 K now because the probability is 66% the expected loss is 19 K there is 66% out
of the full potential loss and now I understand based on the current loss on the current risk level what is the
expected loss of course comparing to the full potential loss that I haven't had everything is happening automatically
except of the risk that you need to put in the full potential loss now I can plan the response now that we have the
risk level together with the risk rate and the risk probability okay we can insert the full potential loss that we
already did and we can better understand if it is beneficial for us to act or not so I'm gonna put manually the response
cost here and we have here a response recommendation column a formula column that will say something very simple and
I'm not suggesting you to work exactly by that but I am suggesting to you guys to use it as a mechanism that will help
you to get better decisions and we said here that if the response cost is bigger than the expected loss keep it
this track but if the response cost is equal to the expected or even lower mitigate and eliminate this risk and you
can see here the result so let's take here in great example let's say that 20 K is the full potential loss so 66% out
of 20 K will be 13,000 320 the cars will be 500 you will see that it will change to track because this is more expensive
than maybe live with lost itself of course this is up to the business goals that you set
for yourself okay so what we saw here that from left to right we managed to identify the risk to analyze it and its
costs okay and to better plan our response and also to monitor and control the different recommendation based on
the current risk level itself and the magic behind this process was the ability to recreate the metrics that we
saw earlier on okay using the online doc app that allowing us to create any website or link that we want inside the
platform itself and the magic was that we managed to recreate this matrix using the automation of when status changed to
something and a different status is something else change the third status to a third thing
so what we did till now we covered the entire project process from approval to the program I live aboard to the project
board itself okay and then we sell also how each project can manage its risk using the program risk register now I'm
gonna use the favourites where I document the two different dashboards okay you can see that you can always
click here right click in favorites and put the relevant dashboards and your favorites
and we will go to the project dashboard and here this is where we are better monitoring and controlling the entire
project itself and let's go over the different widgets widgets are let's close it widgets are the different cubes
that allowing us to apply any type of information that we want to this project so we created a text widget to show that
here is schedule management we created an overview widget that will allow us to take the dates of the board itself based
on the timeline and the amount of status that are marked as done and based on that it will give us the ability to see
if this project is on track or not and the full timeline of the project itself we even have now a number we do that
will show us the lead and lag average of the entire project remember and we even filter this widget to show only the done
activities because only the done activities can show us the leader Lac because they have the actual date
then we use the second formula column of over you are done also filtered only to the done activities and we can see that
68% of the done activities we're done on time 32 we're overdue then we have a timeline
of you for a bird's-eye view to reflect the entire work packages the groups of the project with the milestone and see
everything in one place of course using the timeline widget you can incorporate more than one board so you can see
timings from different projects in multiple boards in terms of effort management we can see also here the
workload widget that we saw earlier on as a board of you plan for actual in terms of effort how much time you saw
that it will take for each group and how much time it took you can see here that we almost don't have hours because the
project is in progress itself cost management's similar to what we showed different dates showing the expenses
based on thee and let's dive into this one for example and to see how we build the widget sorry for that
okay we're gonna see how we build the widget itself we chose the graph itself then we chose the x-axis to be the
actual date of completion so we will be able to see dates we chose to show it by a week we also show it by month if we
want then we chose the expenses to be our y-axis and we also chose it to be a cumulative and we put the benchmark here
you can decide which board to reflect more than one board or only one board and you can also choose the relevant
groups that you want to show okay budget use by activity type that we showed earlier and what we seen here is
a lot of the views that we saw in the board level but everything is reflected in one place where you can manage the
entire project and better monitor and control your progress in terms of those different aspects now one last thing
before we gonna summarize it and go to the QA is the risk management dashboard here you can see that we have a battery
widget that show us all the different risk based on their risk level okay so if I want to dive in to all the red risk
I just click on the battery and I can see all the relevant red risks that I have here that the risk level is red I
can see what is the average risk rate for only the high level risks because I want to make sure that the high level
risks are always as closer as they can to number six and not to number nine based on the metrics so you can see that
we filter this weighted only to red to the high and it's showing us that we're somewhere in the middle
we still can aim and push to take those high risk down to six and not closer tonight we have the different risk
categories and we even have an analysis of what is the full potential loss and it's nice to see that the expected loss
is lower and it's even to see that our response cost is lower than the expected loss so it's better
for us to mitigate then to live with the risk itself so there was two different example of how you can incorporate
dashboard to reflect information from one board or from multiple boards to have a better understanding of your
project and progress to support the stage and project management of monitor and control
so to summarize what we did until now or what we showed in the webinar okay we saw how project that submitted to the
mandate outcome forum went to the approval process okay and been analyzed by the approval in the approval board
cross board automation shift the board itself to the program high-level board that we can see here then the program
high-level board initiate the project WBS that went straight away to the projects folder by changing the status
to planning here in the project folder project I'm sorry project WBS we saw how we can
better manage effort schedule and cost and we even dived in to risk management in the program high-level view
and so how we can from left to right manage risk from A to Z and we even saw the different dashboards that are
showing us the birds view to better monitor and control excellent ok so I hope that at least I
knew that managed to answer all of those the question that you had in the Q&A we answered the main question that you sent
to me regarding the workflow itself are reminding you let's maybe I'm reminding you that the
recording together with the support article and the blog will be sent to you and part of it is already available for
you and again just want to say thank you so much for joining this webinar I wish you all good health wherever you are and
see you soon in different webinars bye bye guys
Use the cross-board automation feature in the Program High-Level Board. First, set up a status column for project phases (e.g., 'Upcoming', 'Planning'). Then, create an automation trigger: when a project's phase changes from 'Upcoming' to 'Planning', automatically create a new board from a pre-saved Project WBS Template, name it using the project name, and notify the assigned project manager.
Add an automation that sets an 'Actual Date of Completion' column to the current date when a task's status changes to 'Done'. Then, create a Formula column to calculate the difference in days between the baseline end date and the actual completion date. Use a second Formula column to categorize results, such as showing 'Overdue' or 'On Time' based on whether the difference is positive or negative.
Add three columns to your project board: a Person column (Owner), a Timeline or Date column (Baseline), and a Number column (Effort, e.g., hours). Then, switch to the Workload view, where you can set a weekly capacity per person (e.g., 20 hours). The view will visually highlight when a team member is over-allocated, enabling you to reassign tasks as needed.
Create a Risk Register board with Status columns for Probability (Low/Med/High) and Impact (Low/Med/High). Use multiple automations (e.g., 10 rules) to set a Risk Level status column (Green/Amber/Red) based on each possible combination of Probability and Impact. Then, add a Formula column to calculate the Risk Rate (Probability score × Impact score) and Expected Loss (Risk Rate × Full Potential Loss) for quantification.
Yes. From your Project WBS board, switch to the Timeline view and group it by work packages (e.g., Planning, Execution). Then, share this view as a public link via the 'Share' button. This generates a read-only link that anyone can access, even without a monday.com account, keeping stakeholders updated on the project schedule.
In your WBS board, add a Number column for expenses and a Dropdown or Status column for cost type. On your dashboard, use a Chart widget to create a cumulative line chart with the X-axis as date (e.g., Actual Date of Completion) and Y-axis as cumulative expenses. Add a benchmark line for your approved project budget to visually compare actual spending against the budget.
Create a single Project Approval board as the central hub for all ideas. Use a Form view linked to the board's columns to capture proposals consistently. Set up automations to move items through groups like 'New Requests', 'Under Consideration', 'Approved', and 'Rejected'. When approved, use a cross-board automation to automatically create a project record in the Program High-Level Board, mapping key details like project name, PM, and budget.
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