This document provides questions and documents to consider when determining the actual status of a project, program, or portfolio. It advises sponsors to ignore reported colors and percentages and look for real, tangible information. Key things to look for include clearly defined success criteria, an honest finish date, evidence that status reports reflect reality, and documentation of budgets, resources, risks, and responsibilities. Examining critical paths, integration plans, and meeting notes can also help determine if a project is where it claims to be. The goal is to have a true understanding of status rather than just pretty colors or estimates.