How is a project's RAG status calculated?

: The RAG status is Red if any of the following indicators has one of these values:
- Budget = 3-Out of Budget
- Resource = 3-Overdrawn
- Time = 3-Out of Time
: The RAG status is Amber if the conditions for Red are not met and any of the following indicators has one of these values:
- Budget = 2-Almost in Budget
- Resource = 2-At Risk
- Time = 2-Almost on Time
: The RAG status is Green if the conditions for Red and Amber are not met and any of the following indicators has one of these values:
- Budget = 1-In Budget
- Resource = 1-In Plan
- Time = 1-On Time