16PERFORMANCE REPORTING
Project performance reporting involves collecting key data concerning the performance of the project at a particular point in time, synthesizing the data into meaningful information, and then communicating the performance information to project stakeholders. Effective project performance reporting supports two key components of successful project management—open and strong lines of communication and transparent communication of information.
The intent of performance reporting is three-fold: (1) to determine and communicate how well the project is performing against the plan and baselines, (2) to use the information to enable informed project decisions, and (3) to develop forecasts and determine preventive and corrective actions as needed.
The tools presented in this chapter are intended to assist project managers in effectively fulfilling this three-fold intent. Just as performance reporting is a required activity of all project managers, the following performance reporting tools should be a part of every project manager’s PM Toolbox. We begin by looking at the Project Reporting Checklist.
PROJECT REPORTING CHECKLIST
There are many types of project status reports with varying types of information contained in them. This is due in large part to variations in reporting needs and desires of project stakeholders, variation of industry reporting standards and practices, and variations in the size and complexity of projects. The project status report design ...
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