RAG Status Template

What is a RAG Status Template?

A RAG Status Template is a project management tool that uses a color-coded system—Red, Amber, Green (RAG)—to visually represent the status of various aspects of a project.

This system helps project managers and stakeholders quickly assess the health of the project, with Red indicating critical issues, Amber signaling potential concerns, and Green showing that everything is on track.

This is a simple yet effective way to monitor progress, prioritize actions, and keep everyone informed.

How to Use This RAG Status Template

This RAG Status Template is designed to help you efficiently monitor and report on the status of your project, enhancing your construction reporting process. Here’s how to use it effectively:

1. Download and Customize: Start by downloading the template and tailoring it to suit your project's unique needs. This might involve adding specific categories or metrics relevant to your project.
2. Identify Key Project Metrics: Determine the critical areas or metrics you want to track, such as scope, time, cost, risk, safety, and quality.
3. Define RAG Status Color Coding:
   
   • Red: Critical issues requiring immediate action; project deliverables are at risk.
   • Amber: Potential risks or issues needing attention; monitor closely to prevent impact on deliverables.
   • Green: On track; no immediate risks or issues.
4. Set RAG Status Criteria for Each Metric: Establish clear criteria for what constitutes Red, Amber, and Green status for each metric.
5. Assign RAG Status: Regularly evaluate each key area and assign the appropriate color code based on the current status.
6. Provide Justification and Next Steps: Include a brief explanation for each status, especially for Red and Amber, and outline the necessary next steps or corrective actions.
7. Conduct Comparison Reporting: Compare the current RAG status with previous periods to identify trends and anticipate future issues.
8. Review and Update Regularly: Continuously update the RAG Status Template to reflect the most current project status, ensuring stakeholders are informed of the project's true health.
9. Communicate with Stakeholders: Use the RAG Status Template in meetings and reports to clearly convey progress, highlight areas of concern, and facilitate informed decision-making.

Free RAG Status Template

If you're looking to enhance your project health monitoring and reporting on key performance metrics using RAG status project management, this download includes:

• 1 x Excel Document RAG Status Template

This RAG Status Template is available for download by filling in the form at the top of this page, ready for you to customize and utilize for more effective project status updates.