How shall we run our portfolio of projects in the context of Coronavirus?
Some provisional ideas follow below, based upon the papers and articles attached. The following are all papers /articles from other sources, as cited within each document.
PORTFOLIO
- Portfolio needs to track in-house R(eff) (effective Reproduction rate) at the same level as revenue, cost and value
- Each business decisions can then start to understand each project investment relative to this key new business constraint (trade-offs)
- Portfolio can be analysed to identify the Production Possibilities Frontier, namely how much client benefit can be acheived for a given level of disease transmission risk (See the Budish paper in this repository)
PROGRAMMES
- There is likely to be a Business Recovery Programme
- There is also likely to be a longer term Corona programme.
Depending on the split of tasks in these programmes, core tasks include:
A. Coronavirus regulation and assistance: weekly surveillance of Govt announcements.This could be done by using one of the toolkits in https://github.com/lawrencerowland/Data-Model-for-Project-Frameworks B: Daily surveillance of Coronavirus local data: Do this to xxxx C: Daily surveillance of Coronavirus local and national model forecasts. Do this to xxx
Data sources for these sources: A: https://www.gov.uk/search/news-and-communications?topical_events%5B%5D=coronavirus-covid-19-uk-government-response
PROJECTS
- Review which projects are still continuing under-lockdown conditions and support
- Most projects are already halted.
- First priority is to identify which projects must restart. Answer = not many.
- Next priority is to identify the resource-hit from starting up Corona-related programmes.
- Tidily mothball as many projects as possible, so they can be neatly restarted in due course.
- Supply chain emergency review, along with safety and distancing arrangements for the ongoing projects
- Larger projects can start to look for 'small-world' team and customer arrangements, to minimise R0 reproduction rate (see Oxford paper)
- Each project given a 1 page pro-forma logistics review
- Weekly numbers are now not just schedule, resource and cost, but also density. i.e. what is the density of operations relative to social distance: e.g. 5 teams of 5 per 1000 m2.
SPECIFIC CORONAVIRUS TEAM CONFIGURATIONS A. Alternating Quarantine (AQ) B. Intermittent Quarantine (IQ) C. Half Quarantine (HQ) D. Strict Project segregation (PS)
Details in repository from these papers: Alternate quarantine paper (Alternating quarantine for sustainable mitigation of Covid 19 : 2020 04 by Meidan et al) See P.16 Figure 5 for comparison of what A,B,C are. See the Oxford Small-world paper for a similar approach, which might lead to Option D or similar.
Physical arrangements
- seating /floors / air-con etc as per https://wwwnc.cdc.gov/eid/article/26/7/20-0764_article
- Where involves construction work, see ....
This is in addition to any health / safety arranged by Company and any test track isolate available from Govt.
This is Work in progress, next items to add:
- attending to Fat-tail scenarios
- Being ready for scenario of High-asympt/low IFR as well as scenario of low-prevalance/high IFR
- medium term employee health issues, post infection
- understanding super-spread issues (node centrality and betweeness), and more generally, assume heterogenity, multiple regional close down ripple scenarios, and beware mean-field assumptions (or any assumptions around a fixed population).