Project Update #35: Beyond Science Fiction- Paintings by Michael Whelan by Baby Tattoo 2018
Every couple of weeks you'll have to give a status update.
Executives desire to know if your project is making progress. For reasons of clarity y'all should use a standard template during these meetings.
Here yous find a project status update template that works for any project.
What a project update template is used for
A project status report template is a standardized document you utilize to show the progress and health of your project. Most projects use a Powerpoint as tool, because the status report is typically part of a full general project update.
A good status template is articulate, concise and contains some visual indicators that show the project status in a traffic light system.
Why yous should use a update template
Y'all should use a standard template for the post-obit purposes:
- bear witness the status of your project
- highlight any issues or risks and bring them to the attention of management
- show budget status
The do good of using the same template for each of your status meetings is that it provides a simple structure that people can understand. Your audience, typically senior executives in a steering committee meeting, will get used to the structure of your updates.
They can focus on the content of your bulletin instead of having to spend time on understanding the structure and reading the Powerpoint.
What should a skilful condition template contain?
Every projection will have different requirements when it comes to status reporting. Yet, most practiced templates capture the following primal pieces of information every executive will want to hear about:
- accomplishments
- issues
- risks
- next steps
- budget status
If you're using Earned Value Analysis to mensurate the progress of your project, you may also include the EVA metrics including Earned Value, CPI and SPI in a split slide.
Get my project update template
We have created a generic project condition template for you which works for any projection. It resembles the general format and contains all the pieces of information you lot are expected to share during an update.
The principal slide is shown in the screenshot beneath. It summarizes the key points such every bit accomplishments, problems, risks and next steps. The color coding reflects the status with respect to time planning, quality and budget.
Red means way out of program, amber ways somewhat out of plan and green means within plan. This is also called the RAG value (ruby, amber, green) and it'due south a common characteristic of most project condition reports.
There are as well fields for planned and actual cost. Managers care a lot near the price, and so yous want to give them a glimpse of whether your projection is still within the planned budget or not (get our project budget template here).
Download the project status template
This kind of dashboard style is likewise ideal for sharing in email updates. Suppose you are sending around a monthly project update to management. Then you can attach the slide in PDF format and everyone will know at i glance how the project is doing.
We've included some sample entries then you see what kind of content should exist added. It's best to stay curtailed and include but the well-nigh important items.
Content:
- projection summary view
- phase view
- dashboard view
The Powerpoint as well includes two additional views: A cost and endeavor summary view and a phase view. The cost summary view shows the aggregated program and actual cost for each stage. It also shows planned and actual endeavor by phase.
For larger projects the summary view is non enough. Executives likewise desire to see the performance of each phase. That's where the phase view of the template comes in handy. Simply copy this slide for each of your project'southward phases and add together the planned and bodily values.
The phase view is helpful for explaining deviations, both in cost or effort. Let's say in one phase yous've massively exceeded planned effort. Then you lot can swoop into the phase view to show what teams had to work more. Hither's a screenshot of the phase view.
Download the project status template
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Source: https://www.tacticalprojectmanager.com/templates/project-update-template
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