It is used to report project status within the team and to sponsor of the project. Report is prepared by the project manager. We recommend reporting the adherence to a project budget to the project sponsor only.
Project key indicatorso Red indicates a status of more than 10% Project Overrun o Yellow indicates a Project Overrun of less than 10% o Green indicates no Overrun
Problems and risks
o Red on critical issues, very serious risk o Yellow on less critical issues, significant risks o Green indicates no problems and/or significant risks
o Red if there is resource shortfall of over 10%, critical o Yellow if there is less than 10% resource shortfall, significanto Green if resources are sufficientKPI status change ► no change in comparison to the previous status▼ deterioration compared to the previous status▲ improvement over the previous status
Comments on the current state
Verbal description of the project. What is complete or incomplete.
Description of the main milestones of the project according to schedule.