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SignalWhen
On Budget

Projected cost is less than or equal to the budget

[ Projected Cost <= Budget OR Cost (Est) if Budget is not specified]

At Risk

Projected cost has exceeded the budget.

[ Projected Cost > Buget AND Actual Cost < Budget OR Cost (Est) if Budget is not specified ]

Over Budget

Actual cost is more than the budget.

[ Actual Cost > Budget OR Cost (Est) if Budget is not specified ]

For instance, your budget for a task is $200 (this includes labor, material and fixed cost if any). Now, when you spend $200 on the task, ideally your task should have been 100% completed. If your task is 50% complete and you have spent $100, Celoxis displays the green signal indicating that your project is "On Budget".
But if you have spent $150, and your project is only 50% completed, that means by the time your project is 100% complete, you would have spent $300 by the current rate of spending. In such a situation, Celoxis displays the signal indicating that your task budget is At Risk. And if your actual cost spent exceeds $200 Celoxis displays the signal indicating your task is Over Budget.