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

  1. Collect the right WPD
  2. Look for variances between the project management plan and actual WPD
  3. Create WPI
  4. Display WPI in proper context with visual cues (charts and graphs)