A status report is one of the most important documents in every project. And you as a project manager should focus more on writing a report on the status of the project. Maybe your boss asked for one, or a project stakeholder wants to know where his funds going, or just want to keep everyone updated about the project.
A status report, when written effectively, used appropriately and has a structured report will serve multiple purposes to the project. Not only it explains the whole project reports but it also determines project’s problem at hand and provides a possible solution. This is the reason why a status report is one of the key components of a successful project.
A status report is a report that keeps the client, the boss, and the project manager to be updated of the progress and status of any project plan.
This report is very crucial in business report as its purpose is to communicate effectively and efficiently the condition of the project at regular intervals to the project stakeholder and clients.
Status report also maintains the performance of the business, develop better decision-making, and to take action for the project’s issues and risks.
A status report can be a weekly or monthly report and can be described as a technical report that documents the process and progress of a project.
As a project manager, your task is to create a regular status report that updates stakeholders and clients the status of the project and how it is progressing. However, writing a status report is quite hard. You need your report to be informative but at the same time, concise and short.
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A daily status report updates the project manager, his team, and the people involved about the progress of the project that on a daily basis. The daily status report is necessary for project managers.
And if you are tasked to create a daily status report but don’t know how, here are the things you need to consider.
A weekly status report is a feasibility report of the status and progress of a particular project on a weekly basis. A weekly status report enables the project manager to keep track of the project’s on-going progress and performance. Writing a weekly status report has some several advantages.