Project Reports Flashcards

1
Q

Why reports are needed during the execution of a project ?

A

Essential during project execution.

Provide information and updates to stakeholders.

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2
Q

Types of reporting, identify who produces the report and who receives it

A

→ PROGRESS REPORTS
Producers: project team or manager

Receivers: stakeholders

Shows project status, completed tasks, challenges, enable decision making

→ FINANCIAL REPORT
Producers: Finance Team

Receiver: Project Manager, Executives

Analyzes budget, expenses, financial performance ensure cost control and resource allocation

→ RISK and ISSUE REPORTS
Producers : Risk management team

Receiver: Project Team, stakeholders

Identify risks, issues, mitigation strategies. Maintain transparency, support decision making and contribute to project success

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