ABSTRACT

The traffic lights in the top left corner signal the overall status of the project with respect to its plan and project risk. For the traffic light of the column “Plan,” a green light signals that the project is on track, a yellow light signals that it is behind schedule at the moment but that the ultimate delivery date is not threatened, and a red light means that the project is behind schedule and the final delivery date is threatened. With respect to the traffic light in the “Risk” category, a green light means that no significant risks exist at the time of the report, a yellow light means that risks may endanger project delivery, and a red light is an alert for serious risks. Whenever there is a red light, it has to be explained either in the executive summary or in the listing of top three issues or top three risks.