Reporting performance can serve as an essential tool for launching workers into further project objectives. It’s a wonderful way for project managers to get incite on project progress, answering how much has been completed and what still needs completion. Reporting performance can be accomplished or broken down into two categories: progress and status reports.

 

Progress Reports

          Progress reporting involves giving updates on the work that has been completed during any given time period. Team members perform this either by the month or even weekly at times when this information must be presented more readily. After, team managers compile reports into an overall report which gives the entire team an understanding of how far into projects they’re in and who has contributed what.

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Status Reports

          Status reporting involves providing updates on where the project lies at the moment. This also involves many calculations for further funding the project and time considerations for whether tasks are being completed as planned and how long those take. Status reporting is very useful for keeping up with the overall project rather than just project completion.

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Forecasts & Status Review

          Project managers can use forecasts for predicting status and progress for projects based on previous reports on completion and funding. They utilize their earned value management skills for coming up with the necessary estimates for forecasts.

          Lastly, status review meetings and a good technique for reporting performance. They’re useful for motivating your team in continuing to make progress in their areas of the project and also discussed issues with projects. Status review meetings are performed at both, the project and top management level. Project managers are responsible for overseeing each members’ progress while top managers deal with the overall view of team success.