RAG Status

Definition

Red-Amber-Green status reporting where Red means critical issues, Amber means caution, and Green means everything is fine—or at least, that's what people claim while the project secretly collapses.

Example Usage

The project manager marked us as 'Green' despite missing every deadline this quarter, so apparently we live in an alternate reality.

Origin

UK government and project management terminology from 1990s onward

Fun Fact

RAG statuses are frequently 'gamed' so that bad news doesn't reach executives until it's catastrophic.

Source: Project management and organizational reporting

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