Within the last year, I have worked in two separate organizations where the expectations for status reporting were revised and I was involved in developing tools to support or communicate the different expectations. What I found in both cases, with fairly different organizational cultures, was a hang up amongst many project managers about the criteria used for identifying a project, or some aspect of a project as green, yellow, or red. My initial thought on that question, and the seemingly endless discussions that followed, was that people should just trust their gut and not get hung up on exact definitions...
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