When evaluating a project's status against exit criteria, what does the status indicate if two criteria are not OK while one is?

When assessing a project’s status against exit criteria, the presence of two criteria that are not satisfied and one that is satisfactory clearly indicates that two aspects of the project are failing while one meets expectations. This means that the project cannot be considered in a favorable position overall, as the majority of exit criteria (two out of three) are not met.

Exit criteria are specific conditions or requirements that must be fulfilled before a project can be considered complete or ready to move to the next phase. If only one out of three criteria is satisfactory, the project is falling short in most areas, signaling potential risks or concerns that need to be addressed. As a result, the status reflects that two critical aspects of the project's requirements have not been met, while at least one has. This insight is crucial for making informed decisions about allowing the project to proceed or necessitating further work.