Use this pre-formatted project status report template to keep your key stakeholders updated on progress. This template matches others in the Timeless design set, but can easily be personalized by using built-in themes and styles. Search for Timeless design to find additional matching templates. A project status report is a critical part of an effective project communications and management strategy to update your project team, sponsors or stakeholders. Some of us use templates, others PowerPoint, and some produce their reports straight out of their project reporting tools. A project status report template helps project managers prepare clear and concise reports of project status and performance information. Because it’s a template, it prompts reporting in a consistent manner. A project status report provides the reader with insight regarding the health of a project. Project Status Template. Today’s featured project status template explains how to build a useful excel project management solution. We have combined the flexibility of KPI traffic light indicators with the power of Gantt Chart. We can use also traffic lights to visualize the popularity of products further to measure the project status. Project tracking software that aggregates data and generates graphs on a dashboard can be the fastest way to view and share project health. A project management dashboard is a data-driven, typically graphical representation, of a project’s key performance metrics.
Project Status Report |
Benefits of writing a Project Status Report
In this article, we will look at the project status report template in MS Word which can be used to send weekly updates to all the people involved in the project. Before we start writing a status report, we should understand some of its benefits -- A crucial tool for any project manager as it captures all the critical aspects of a project - Budget, Schedule, Risks, and Issues.
- Most of the companies or business prefer a weekly report, so it forces the project manager to gather the status - its acts like a checkpoint.
- Keeps the team and stakeholders informed about the current project status. Also, a chance for a project manager to make sure everyone is on the same page.
- The project status template Allows the project manager to highlight critical risks and issues.
- Even though a lot of people ignore the status report a PM would have played his or her part by providing everyone the details.
- Helps in setting an expectation for resource dependency as you can articulate what type of resources you need.
- Used in team meetings or other meetings as a starting point for discussions.
Keeping it limited to one page makes the report more readable and easy to update. It is essential that a project status report covers the critical parameters of a project.
Section 1: Project Details and Summary Update
Project Details and Summary |
The necessary details include information like Project Name, Project Manager, Project Status Date, and optional project code.
The status date should be the date on which the report is being drafted. It is very important to put the right date in as it will give you an idea about the project status at that point in time.
You can use the summary to convey both good and bad news. Please see examples in the picture above. You can add any additional fields as you wish to the project status report template.
Examples of short summary -
Example 1: The project is facing significant delays due to defects identified in the quality assurance. The team is working on fixing the issues. The project budget is estimated to run over. The project schedule still remains in on track.
Example 2: The vendor has indicated that the delivery of the product is on track. The internal project team is ready for analysis. The project schedule is a concern due to the unavailability of infrastructure.
Section 2: Project Key Parameters
Key Project Parameters |
Generally, the status of a task or project phase should be marked delayed before it is marked as off-track. It is essential to use the delayed status early if you see an issue.
Business stakeholders do not like or feel misinformed if you change status from on-track to off-track. It also means that the situation was not handled as it went straight to off-track
Project Schedule |
Generally, the senior management of the company will always look at high-level dates or milestones rather than getting into the details. You should use whatever the project team is familiar with. You can always copy paste this information from your project plan. The project schedule is important as the project team needs to be aware of the key dates that the project must meet.
Section 4: Project Risks and Issues
It is always a good idea to add only the top 3 or 4 risks and issues. At times you can also add the current risk or issue which is of high severity.
You can also add what possible mitigation you can have a separate line in the risk/issue description. The owner of the risk or issue is a person responsible for some action item to mitigate or address the risk or issue.
It is a good idea to leave the risk in closed status for a couple weeks in the report so that people can see it is closed. If you remove the risks or issues immediately after closing people will never notice a certain issue was addressed. You may choose to move the closed risk at the bottom of the list.
Final Project Status Report
Final Project Status Report |
Simple Version of Project Status Report
Project Management Status Report Free Download |
Simple Project Management Status Update - Sample 1
- The report contains 3 key sections other than the project name and date.
- The 3 key sections are - Key Updates, Project Milestones, and Project Deliverable.
- Project Milestones section will contain key project milestones and their status. The status can be On Track, Concern or Delayed.
- The key updates section is a free-form update of the latest project news. It has been divided into two parts to allow effective use of space.
- The last section is project deliverable. This section will have the project deliverable listed with the reference number and scope indicator which indicates if the item is still in scope or out of scope.
Project Management Status Report Free Download |
Simple Project Management Status Update - Sample 2
- The status report is divided into 3 sections.
- The first section is project news. This is meant for general project updates.
- Project Milestones section will contain key project milestones and their status. The status can be On Track, Concern or Delayed.
- The notes section allows a project manager to highlight general updates or issues. The notes can be in 3 categories - FYI (informational), Hold Up (blocker) and Issue (when there is some issue).
Email Status Update |
Software Project Status Meeting Agenda
Project Status helps you to understand the overall progress of the project tasks. We must check the status of the Project every time to quickly understand the current situation of the project. Project Status is an important tool in Project Management Process.
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Project Status Categories
Main categories of the Project Status are New, Open, In Progress and Completed. You can also include, On Hold, cancelled based on the Project Requirement.
- New Project: You can categorize a Project as New when it is just accepted and not yet started. Project Managers will filter all the new projects and segregate the different teams in the organization.
- Open Projects: Project is assigned to a team or specific member in the team. Open projects must check by the assigned resource and start working on it.
- Projects in Progress: You can change the Status of the Progress when you started working on it. All the project in progress must completed by the promised timelines.
- Completed Projects: Completed Projects are the once which you have tested and delivered to the customers. You can receive the feedback from the client and work on the changes based on the received feedback.
Project Status Update
Project Teams should provide the Project Status Update in timely basis. Developer teams update the project status to the respective stakeholders.
Project Status Chart
We create the Project status Chart and share with the customers. Team members share the Project Status Chart with the Project Managers.
Project Status Report
Project Status Report is an important tool in Project Management Process. We can prepare the Project Status Report to provide the project update to the stakeholders and project managers.
We can use Microsoft Excel, MS Word, MS PowerPoint, Google Docs or Google Sheets to prepare the Project Status Report and send through email.
Project Status Report Templates
You can download the ready to use Project Status Report Templates to quickly create Project Status Report. Verity of the templates available in MS Excel, Word and Google Docs (xls, xlsx, doc, docx, ppt, pptx formats).
Project Status Dashboard
Project status dashboard is a visual representation of the project status. We can use pie chart and bar chart to represent the status of the project in graphical representation.
Related Resource
Excel VBA Reference | Project Management Reference |
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VBA Reference: Excel Reference: |
Creative Weekly Status Reports
Excel VBA Reference | Project Management Reference |
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VBA Reference: Excel Reference: |