It is usually distributed to a sponsor of the project, as well as the management of the company where the PM works. In the event that you wish to make a project status report, then this is the template for you. The aim of the Monthly Status Report is to provide a concise and precise update on the current status of a clinical study and the achieved progress during the reporting period. Learn the key elements, what to avoid, and use our status report template to quickly create your own weekly status report. Designed with ready-made content, this document covers all aspects of the monthly report in terms of findings such as sales, expenses, profit & loss, projected balance sheet as well as recommendations. So when there is a project where all the participants are working on different aspects, then updating and regular status reporting is effective. The goal of a project status report is to keep all stakeholders informed of progress, to mitigate issues before they arise, and to ensure that the project will land within the designated time frame. Browse for more monthly report templates on Venngage. The weekly status report template retains the 1 page format, but focuses more on task driven reporting) Document Contents. Some companies produce daily status reports to record their day-to-day progress, while other organizations use the report’s alternatives: the weekly status report and the monthly status report. Make use of this monthly report template in MS Word so as to keep your clients and stakeholders updated about the status of the project. We also have program status reports, weekly status report template, team status report, and monthly report which allow reporting on multiple projects in detail. Most projects use a Powerpoint as tool, because the status report is typically part of a general project update. (If a more frequent reporting cycle is adopted, please check out the Weekly project Status Report Template. Use this Excel template to streamline your status reports, improve communication with stakeholders, and deliver your presentations with greater impact. A project status report is a document that summarizes a project’s overall progress against the projected project plan.. Unlike daily status reports, weekly and monthly status reports should contain complete and precise details about a task or project. Having a monthly report forces a stock tacking action from the project management perspective and helps in … We have a status report template designed in a word, excel, PowerPoint and MS Project. Analyze your business projects with a Monthly Project Status Report Template that’s fully customizable. A project status report example is a document that is widely used by project managers for the purpose of reporting the status of a project to the project committee, project sponsor, senior manager, or other key stakeholders. Monthly Project Status Report Template: The detailed monthly report template can be used to provide a comprehensive report to the project team, business stakeholders, sponsors or project. A Guide to Writing a Project Progress Report (+ Free Template Download) A project progress report provides an increased project visibility, especially for interested stakeholders who do not have direct or frequent access to the project team or the project itself. It is usually distributed to a sponsor of the project, as well as the management of the company where the PM works. Project Status Report for Month Ending (Notes to author – This is expected to be a short document, regardless of project size. Make it your own with a detailed chart, table, icons, or graphics. Tips for Writing a Project Status Report Template . In any kind of company or organizations, clear and frequent communication is very important. How to wrIte a Monthly Progress Report (+ Free Templates) Keeping stakeholders engaged is easily done through monthly reports. There’s so much more a status report can do, and with this free Excel status report template you can begin to take full advantage of its capabilities.