If you have the Risk Register feature enabled for a division, your Project Dashboard will show you the overall status of the risk assessments being used in each live Project.
If all the risk assessments in the project are the latest version, you will see a green 'Up to date'
If any of the risk assessments being used in the Project are using an old version, which has since been updated through Content Editing, you will see a red 'Out of date'
If the end date for the project has passed, you will see a grey 'Not applicable'