For any project that is in progress, the project manger will create a weekly status report. The status report will have a summary status with one of the following:

• Red - The project has outstanding issues that require immediate attention from the Project Sponsor.
• Yellow - The project has outstanding issues that require project sponsor attention.
• Green - The project has no outstanding issues that require project sponsor attention.

Status Report Details

In addition to the high level status, the project status report will include the following sections:

• Accomplishments - Deliverables that were completed and delivered in the past week
• Planned Activities for Next Week - Deliverables that will be completed and delivered in the next week
• Issues Needing Action - Issues needing action by the Project leadership or sponsor
• Issues Resolved - Issues that were resolved in the past week
• Budget - State of the project budget includes approved scope changes.
• Project burn rate - An accounting of the cost per week of the project team.
• Schedule - Description of the state of the project schedule. Can also include a copy of the MS-Project document, HTML report from MS-Project, or a link to the MS-Project document on a server.

©2002-2012 Project Mechanics LLC
Discover the mechanics of getting IT done.