We are developing a framework for managing initiative scorecards and would like to use RAG (red, amber, green). How does your organization define RAG to ensure consistency between initiatives?
Green: Performance KPIs/OKRs are on target (no delays or perceived threats)
Amber: Performance KPIs/OKRs with a delay of 2 weeks OR budget variation between 5-10% OR any indication of delays, contracts or perceived threats impacting on-time delivery
Red: Performance KPIs/OKRs with greater than 2 week delay OR delay negatively impacting on-time delivery of other initiatives OR budget variation of greater than 15%