Sunday 15 April 2018

Project Management - Blog 6 - Progress Status Report


 Progress Status Report

Do you value your time? Does your company value money? 
To save time and essentially costly mistakes, ensuring you have your next project status report on point is essential. By utilising templates, PowerPoint, project reporting tools or all three methods is a critical process for effective project management and communications to update the correct people within the project team, including external bodies such as stakeholders and sponsors.

When a decision is made on the format of the report, it is important to keep consistency. Having a regular report assist in the process of keeping a continuous pipeline of critical information in relation to the project status.

So, what does a progress status report contain? 
A good report would start with general information such as project name, the project manager and number of resources complete with milestone reviews. This would include planned milestones, actual milestones and achieved milestones. The report would also give details in relation to any issues, risks and resolutions. In order to have a successful report it must also contain a project summary that involves an updated competition date, costs and any outstanding tasks. These metrics, cost, scope and time are crucial for a progress report to have any substance.

Why is this report useful? 
It is known to allow for effective communication. It provides the project team coherence in relation to information. It allows the management establish metrics that allow proper planning and a method to measure the project progress throughout its life cycle. If the report is kept simple, it will be more effective. Experts advise to not put unnecessary information in the report that is not required, stay on point and include in the report only what is required to be reported on, this is a fundamental part of project management.

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