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Jan 22, 2009 · Use the table to add three values that correspond to red, yellow, and green. In this example, I'll use "On track," "Issues," and "Blocked." Select the Use a value from the table as the default entry for the field check box, click the value that corresponds with green ("On track"), and then click Set Default. Aug 29, 2012 · Red: Serious issues and the project will probably be delayed or have significant budget overrun. Yellow: Potential issues with schedule or budget, but both can probably be saved with corrective actions. Green: On schedule, on budget, all good. The red/yellow/green approach seems simple and logical. check Beige/Creams 6 check Black and Cream 10 check Black and Gold 1 check Black and Grey 4 check Black and Red 4 check Black and White 35 check Blue 5 check Blue and Black 1 check Blue and Green 4 check Blue and Grey 4 check Blue and White 47 check Blue and Yellow 2 check Brown 1 check Brown and Pink 1 check Brown and White 4 check Gold 2 ... These unique magnets make fast work of communicating status on your whiteboard system (or used on any steel surface). Put one next to a scheduled job showing the red side, then when completed, turn it over to flash the green side. One glance tells you and your team the minute-by-minute status of every job on the board.