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Status Report Example

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					This is a report that summarizes the progress of an ongoing business project. This
report contains a stop-light color system that can help track the progress of a specific
project phase. Green means that the project is controlled and on schedule. Yellow
indicates caution that some deliverables were delayed. Red indicates a critical stage
and may require the redefining of deliverable strategy. This report defines project
controls, budget, scheduled milestones, accomplishments and plans, and defines the
project. This report can be used by small businesses or other entities that want to keep
track of the progress of an ongoing business project.
                                        State of __________
                                       <project name> Project
                                   Monthly Status Report (Example)
     Project Name:     Example Project                        Reporting Period: [month], [year]
  Project Manager:     Name, Title
    Project Owner:     Name, Title
  Project Sponsor:     Name, Title

                                                                                         Executive Summary
Overall Status:    Yellow

                      Green          Yellow            Red
                                                                               Reason for Deviation
                    (Controlled)     (Caution)       (Critical)
          Budget
       Schedule                                                   Deliverable XYZ delayed

          Scope                                                   External project deliverable strategy being redefined

Comments:
      Definition of the XYZ deliverable needs to be finalized. Content is currently being generated. This
       important deliverable will need to be reviewed and updated for high quality.

                                                                                                                Controls
Issue Status:
      A strategy needs to be established and agreed upon relative to responding to requests for information
       associated with the project. This issue is being worked.
Change Status:
      XYZ deliverable due date changing from xx/xx/20xx to xx/xx/20xx.
Risk Status:
      Risk: There is risk that the project accomplishments could lose their impact and the needed momentum
       for the follow-on effort could be minimized if a transition plan to the next phase is not defined and
       executed.
       Mitigation: The following two activities are being initiated:
        1. A communications plan is being developed and executed to support the involvement of the
             Governor’s office and related legislative sponsorship.
        2. A program portfolio for the follow-on effort is being generated. A transition work plan will capture the
             recommendations of the project. Follow-on project initiatives will be developed based on the
             recommendations of the project.




                                                 Page 2 of 7
                                                                                                     Budget


                                         Budget Status as of xx/xx/20xx


                            Original       Current      Spent to      Est. to     Current
          Expense           Budget         Budget        Date        Complete     Forecast     Variance
      Labor
                 Internal    2,255,200     3,982,800     2,094,600      234,200 2,328,800 1,654,000
                 External    3,100,000      1,500,000    2,136,000      468,000 2,604,000          0
      Hardware                                                                          0          0
      Software                                                                          0          0
      Other                                                                             0          0
                   Total    $5,355,200 $5,482,800 $4,230,600          $702,200 $4,932,800 $1,654,000




Budgetary Comments:
     Burden rate of $100 per hour assumed for internal resources
     Spent to date is estimated based on a linier prorated over time algorithm
     Internal budget does not include steering committee member resources
     Increase in internal current budget is due to two additional weeks of deliverable generation
     Internal budget includes state resources deployed on the effort




                                               Page 3 of 7
                                                        Scheduled Milestones / Deliverables


                                            Approved         Current
            Milestone                                                   Actual    Status
                                            Schedule         Forecast
                          Start Project        [date]         [date]    [date]   Complete

                 Vendor RFP posted                                               Complete

                     Vendor selected
				
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Description: This is a report that summarizes the progress of an ongoing business project. This report contains a stop-light color system that can help track the progress of a specific project phase. Green means that the project is controlled and on schedule. Yellow indicates caution that some deliverables were delayed. Red indicates a critical stage and may require the redefining of deliverable strategy. This report defines project controls, budget, scheduled milestones, accomplishments and plans, and defines the project. This report can be used by small businesses or other entities that want to keep track of the progress of an ongoing business project.