Project progress report template traffic light – As a project manager one of your tasks will be keeping upper management or your investors current on the progress of the project you are working on. The most common means of doing this is to use a status report template to supply them with a clear picture of where the project is in a timely fashion. The frequency of these reports is normally decided at the outset of the project and they must be filed on time in order for any changes in how things are being done to be made. Most managers are familiar with the concept even if they have never filed this sort of report before.
The typical status report is used to inform upper management of the progress made during the reporting period. This information can help them to make decisions like whether more employees are needed to speed up the project or that it’s time to order the materials for the next phase so that everything continues to run on time. It can also be used to show where there are issues and what the possible answers to them might be. Your report has to be highly detailed, yet it must still be concise so that people that are reading can see at a glance where the project stands.
Your status report should include your current costs and project whether you are in budget, if there are any variances that is the time to allow the investors know about them. The same applies to the project deadline, if you are running behind schedule your report needs to show the reasons why for example lack of materials or maybe key employees being ill and not able to work. It should go on to project how the project is expected to progress throughout the next reporting period and provide enough information that upper management knows where their job is at and where it is likely to be in the future.
If you have never had to fill out this type of report you can look online for a status report template. Most companies require that you file your reports in a specific format every time. Simply writing your information onto a piece of paper will not do as it makes it tough to comprehend the information efficiently. Various projects require their own formats and you may choose to keep several templates available to be certain you’re going to have one that matches the requirements of the project you are in charge of.