RAG Status

STATUS

DEFINITION

ACTION

RED

The project requires remedial action to achieve objectives

The timeline/cost/objectives are at risk

Raise to the Project Board and complete an Exception Report to explain or an RFC to gain approval for budget, time or scope changes.

AMBER

The project has a problem but action is being taken to resolve this OR a potential problem has been identified and no action may be taken at this time but it is being carefully monitored

The timeline/cost/objectives may be at risk

Raise awareness to the Project Board. The Project Director will determine if an Exception Report is necessary.

GREEN

The project is on target to succeed

The timeline/cost/objectives are within plan

None