Project Reports Flashcards
Why reports are needed during the execution of a project ?
Essential during project execution.
Provide information and updates to stakeholders.
Types of reporting, identify who produces the report and who receives it
→ 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
