8 Essential Project Reports

8 Essential Project Reports


A project report is a document that provides detail on the overall status of the project or specific aspects of the project's progress or performance. It is made up of project data based on economic, technical, financial, managerial or production aspects. Project reports are important tools of communication to stakeholders and assists project managers in allocating resources and managing the project to a successful conclusion. They help managers and stakeholders monitor progress, predict threats, monitor team performance and increase visibility into the project for greater insights in managing them. There are eight common types of project reports, but are nonetheless crucial to the successful running of a project.
The most important project reports to generate over the course of executing a project are the status report and progress report. The status report is the most common type of project report and can be produced weekly or monthly. It is a report that updates the information about the project, specifically if it's meeting the baseline set by the schedule and budget. It is important to be specific when making a progress report, and to write a brief introduction that includes the title of the project, contact info, a summary of the status of the project and general information about the schedule, cost and expected completion of the project. Automate project reporting as much as possible, and use the data in your scheduling tool to populate the project progress.