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Flow of Project Status Reporting
Jul 6, 2024
Project Status Reporting
Project Work
Begins with the actual project work
Project Manager (PM) collects work performance data (WPD)
Raw, unanalyzed numbers: hours worked, money spent, percentage of deliverables, amount of work done
Monitoring and Controlling
Compare project management plan vs actual WPD
Convert WPD into work performance information (WPI)
Work Performance Information (WPI)
Analyzed numbers used for decision-making
Schedule variance
Schedule performance index
Cost variance
Cost performance index
Allows reporting of project health and forecasts to stakeholders
Work Performance Reports
Graphical representations to create stakeholder awareness
Used for trend analysis
Steps for Accurate Reporting
Collect the right WPD
Look for variances between the project management plan and actual WPD
Create WPI
Display WPI in proper context with visual cues (charts and graphs)
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