Risk colors should be related to the Item's possibility of meeting its goal or finishing completion.
While every company may think of risk profiles differently, they generally correspond with these general categories:
- Green: Item is on track to meet its goal
- Yellow: Item has some risk, but path forward (or the contingency plan) is known and the proper resources have been acquired (or are set to be) in order to meet the stated goal of the Item
- Red: Item has significant risk, and is unlikely to meet its goal
When sharing an Insight, consider whether you are changing the risk status to a different color. Your Insight should make note of the change and explain why it occurred.