📚 Project Vocabulary: Project Status Report 📋

📚 Project Vocabulary: Project Status Report 📋

Definition: A regular report prepared by the project manager and delivered to stakeholders that provides updates on the project’s progress, performance, and health.

Example: In a marketing campaign project, the status report might include updates on the completion of key deliverables, the budget spent to date, any risks or issues encountered, and the overall status (green, yellow, or red).

The project status report is like a postcard from the project journey, letting stakeholders know where we are, where we’re going, and if we’ve hit any bumps along the way. 📮✈️

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