Art Attack in Hindi 2 Shet Red and Green

Article Overview

The process of effectively tracking, monitoring, and controlling a project is easier with RAG reporting. But what does RAG stand for? Read the article below to find out.


Table of Contents

  1. What Does RAG Condition Mean?
  2.      What is Greenish Status
  3.      What is Amber Status
  4.      What is Cherry-red Status
  5. What Is RAG Used For?
  6. Beyond RAG
  7. The Hazard with RAG

One of the skills that project managers need to larn is the competence to effectively track, monitor, and control a certain project in order to ensure that information technology delivers on time, on budget and to the required telescopic – and any other quality measures that the project client or sponsor has prepare.

Projection managers who obtain this quality have a greater chance to consummate the project successfully and without any major risks or problems.

The process of effectively tracking, monitoring, and controlling a projection is easier with RAG reporting. Now comes the question beneath:

What Does RAG Status Mean?

In project direction, RAG (RAG report, RAG status, or Commitment Confidence Assessment) is an acronym that stands for Red Amber Green and relates to project status reporting which is utilized past project managers to point how well a certain project is performing.

In fact, the RAG reporting arrangement is a popular project direction method for rating status reports and information technology's based on the traffic calorie-free color designations. When using RAG reporting, projection managers utilize the colors red, amber (yellow), and green to signify dissimilar scale ratings.

RAG is a shorthand for identifying the project condition, but at that place has to be something substantive behind the autograph. Many companies make up their own definitions and tolerances for what makes a project 'Red' so if you have these already, work within their boundaries. If you are setting upwardly RAG for your projection, or inside your PMO, then retrieve near what you want the statuses to hateful for you lot.

What is Dark-green Status?

The Greenlight of the RAG status is used to point out that the project is going well and is progressing every bit planned, and according to the designated time, upkeep, and telescopic.

What is Bister Status?

The Bister colour usually indicates that there may exist potential bug and that project would need assistance in the futurity. In other words, the project is currently handled inside the project squad merely the management team should be circumspect.

What is Cerise Status?

The Redlight of the RAG status system suggests that problems are arising and the projection team needs to resolve them in order to evangelize the projection successfully.

The definitions of all iii then-called lights of the RAG condition, however, can exist modified according to the project managers' needs. They tin add more granularity to these rules, for example:

  • Green : The project is inside tolerance;
  • Amber : The projection upkeep or timescale is +/- x% and the scope is within tolerance;
  • Red : The project budget and timescale is +/- 10% or projection upkeep or project timescale is +/- 15% or scope is carrying unplanned changes.

In fact, project managers tin develop a categorization that they detect suitable for their projects. There can be very simple or more complicated matrices that specify targets, tolerances, and breaches for different sizes and categories of projects. The most important thing is that anybody agrees that Green ways that everything is going according to the plan. When it comes to Blood-red and Amber, project managers tin can define a categorization by themselves or use one of the many examples online.

In general, it doesn't thing what definitions and categorizations you will utilise, as long equally they make up one's mind them well and ensure that anybody on the squad understands their meaning.

What Is RAG Used For?

The RAG condition reporting is a very efficient method that is used for identifying the status of a project as it can assistance in more easily and quickly determining and addressing potential risks and problems.

RAG status can be practical to:

  • The whole projection
  • A workstream or strand of the project
  • A risk (or project take chances exposure)
  • An issue (or cumulative issues on the projection)
  • A change

The easiest manner is to allocate a RAG status to the whole projection, but on larger projects or in complex portfolios y'all might want to suspension it down and apply a RAG status to each element such every bit budget, scope, resourcing, or timescale. These tin can and so exist aggregated up to give you lot a project-level status.

Working Out RAG

Information technology's actually quite easy to work out the RAG condition of your project. Once your definitions are set, all yous have to do is follow them.

Experienced project managers will also have a 'gut feel' for how things are going. Sometimes you just know that your project is going sideways and someone outside your immediate project team needs to know about it.

For timescales, cheque Schedule Reader to come across how far adrift your original dates are from your bodily dates. That will give you an idea of whether yous are still in the tolerance stage for your project or non. Check your budget tracker spreadsheet for how much over the upkeep you are forecast to be. You lot tin can too check if you don't already know if there are unplanned changes or major risks or issues that would cause a problem and that your sponsor and management team ought to know about. All of this informs the status of your projection.

Beyond RAG

Sometimes you might meet the acronym BRAG. The 'B' stands for Blue.

The Blue color in RAG reporting represents a project (or task within a project) that is completed and handed over to another responsibility.

This tin can be handy when you are looking at a list of projects. It's clearer to run across what projects are in demand of management attending if yous can filter out the ones that are already completed.

The Risks With RAG

There is ane major effect with RAG and it is that information technology has no articulate call to action. In other words, marking a project with Red lights doesn't hateful that your sponsor volition jump immediately into action to resolve the trouble. You're going to take to spell out in more detail exactly what you wait from them, and so make certain they do information technology.

Risks of using RAG

Of course, some projection sponsors are totally engaged and will work all this out for themselves, merely generally "raising sensation" isn't enough: y'all need some action taking otherwise yous can't keep the project moving frontwards.

There'southward another, smaller, concern and that'south the fact that RAG doesn't translate particularly well to Agile environments. You can utilise RAG if it suits y'all for project monitoring and command. If it doesn't, don't use it every bit Agile methods have enough of other means to ensure project status is monitored accurately solar day past day, like standups and burn down charts.

Despite the limitations, RAG status reporting is a very useful condition tool, chop-chop offering anybody a glimpse at where the projection is at a detail moment.

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Source: https://pmtips.net/article/what-does-rag-status-mean

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