A project status report is defined as the document that describes the progress of a project and the employee working towards the completion. It is marked and observed within a certain period of time and then, you can use it to analyze how it relates to the project plan.
Project managers use these status reports to keep stakeholders stay informed on the progress level. As a Project manager, you can choose it to monitor costs, risks, time, and work. All of this can enable project managers and stakeholders to visualize and analyze project data through diagrams and graphics.
Project status reports are created repeatedly until the project is completely delivered. It keeps you on schedule and your team members on the same page.
The project status report generally consists of:
Also, See: Dashboard
Solving Real Business Challenges with a Robust & Impeccable System