European Finance Observatory

Concept · Brief definitionRelevant to you

RAG status

RAG status rates a project, workstream or risk as Red, Amber or Green against agreed criteria, for example Red when a milestone will be missed without intervention. It summarises progress for steering committees; useful RAG ratings come with clear thresholds and a short explanation.

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Roles that need it

This is a brief definition. A full explanation with a worked example is being written.

Skills it belongs to

Sources

Updated 31 Oct 2026.