RAG Status Tracking

RAG status reporting is used when project managers are asked to assess  how well a project is doing using traffic lights as indicators. A red traffic light indicates problems. An amber light shows that one or more aspects of project viability (time, cost, scope) are at risk, while green means things are going well.

A project’s RAG status is  based on the following information:

  • The forecasted completion date
  • Existing and potential risks
  • Budget information
  • People availability

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