Over 10% of the budget’s allotted amount has been spent.The completion deadline fell outside of tolerance by more than four weeks.The project manager cannot fix the resource shortage preventing the team from finishing the task.No strategies have been laid out to reduce the risk.The project manager cannot resolve the issues independently, and management support is required. The following are some instances of a “Red” project: The red status indicates the project has issues. “Red” initiatives require immediate managerial attention. It may be over budget, late, include unforeseen changes to the scope, etc. These colors serve as a shorthand for describing succeeding or troubled projects.Ī project with the “Red” label has issues.

The project’s RAG status will be red, amber, or green. These traffic light colors are used to classify project status. In some reports, the status of the whole project is represented by a single traffic light. Most progress reports on projects include indications of things like performance compared to the budget, deadlines, quality, and resources.

A red traffic light indicates problems an amber traffic light indicates that the project is moving without any big concerns, and a green traffic light indicates that everything is okay. It is referred to as RAG status reporting when project managers utilize traffic lights to convey the project’s status. What is RAG Status in Project Management? In today’s article, we will talk about a status reporting tool called RAG, which is a visual approach for conveying the status of a project. Project managers use the RAG status reporting to raise management’s attention to the project issues. It is common practice in project management to report the status of the project as “Red,” “Amber,” or “Green.” These classifications are referred to as RAG status reporting.

Rag & bone aslen flat booties