Due to the tight timeframe available for resolving the Year 2000 problem, the decision process for making adjustments and reallocations to address new and changing issues encountered during the Year 2000 resolution must be short. The Y2K Scorecard is a management tool for providing standard, periodic high level reporting on the risk that Year 2000 problems will impact the missions of an organization's systems so that upper management is already informed and aware of the facts when adjustments are needed. The Scorecard identifies the level of risk for a number of risk drivers and it gives a snapshot of the progress each system has made in resolving its Y2K problems. Status is updated on the charts periodically, using color codes that indicate the level of risk.
Arrows indicate the direction of change in risk from one report to the next.
This allows trends to be observed. The information in the Scorecard supports risk management by suggesting areas for investigation and more detailed reporting in order to take appropriate actions to lower risk. It can provide information for prioritizing systems so limited funds and other resources can be focused on those systems with the greatest risk of causing Y2K problems for critical missions. The Y2K Scorecard was devised as a way of aggregating more detailed information in databases into a standard format that facilitates comparison and ranking of systems, subsystems within systems, or groups of systems. It is not intended to be sufficient for making decisions, only for calling attention to the systems that require the most immediate remedial action by those who can take such actions.