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Why Daily, Weekly, Monthly Reports are important in Project ?

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Question added by ARUN BENADICK , Planning /Scheduling Engineer ( Ksa ) , Eastern Trading & Contracting Company
Date Posted: 2016/02/04
Piotr Teteruk
by Piotr Teteruk , IT Project Manager Roche , Roche

First, reports provide knowledge to the team members about the team’s progress on a daily, weekly or monthly  basis, making all members updated most of the time. The whole team will have a grasp of the team’s accomplishments, plans, and problems on a period basis and it enables them to prioritize issues and discuss about them.Daily status report is a kind of report that shows a status or progress of something, usually a task or a project, on a daily basis.

Some alternatives to daily status reports are weekly reports and monthly reports. As compared to daily reports, weekly and monthly reports can be less time-consuming, since they are not to be submitted every day. However, these reports should contain precise and complete details, since completeness and accuracy are key elements to the report output.

In addition, weekly and monthly reports both contain the highlight of the occurrences and issues within the given time-frame as compared to daily reports. However, it cannot be denied that daily status reports are more complete and detailed than other reports.

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

Project updates should be one-directional given that there is a good business process in place that people follow. This article will outline the importance of implementing a proactive weekly status update and how to do it successfully.

Team Buy-In 

Nobody likes being left in the dark. One of a project manager's duties is to inform upper management of the status of your project. In order to do this, it is absolutely critical that you receive frequent updates from your team on their progress. Project Managers also need to be updated to make sure goals will be met on time and that every team member is operating effeciently.

In order to make these updates effective, you need to have a clear, defined process that is easy to follow and yet provides sufficient detail.

hatem labib
by hatem labib , Quality control manager , MISER consultant

the reports are the project history and record, you can use those reports for making any decision or to solve any problem.

omar mourad
by omar mourad , مهندس كهرباء , laval maintenance

1 - TO KNOW WORK PROJECT PROGRESS 2 - TO KNOW PROJECT COST PROGRESS 3 - TO KNOW THE DELAY IN WORK 

Isa Achmad
by Isa Achmad , Sr. Project Manager , Abdullah Faleh Al-Dossary Contracting Co. Ltd

Project Report is one of tools to monitoring the Project Planning and more frequent report you have been set will shown more accurate you project planning update status  

Yaqoub Alomar
by Yaqoub Alomar , Civil Engineer , Al-Zubeir municipality

In recent time and by availablity of the internet and it's branches as well as by existing of the media branches such the monitor camera technologies , I think the project managers can supervising the achievement of project tasks at any time without needing to the daily / weekly or monthly reports

Sachin Gandhi PMP
by Sachin Gandhi PMP , General Manager - Operations , Sosiya International DMCC

To track the progress and to take any corrective action/ decision in order to ensure the baseline, objectives and ultimate project goals are met.   

Ahmed Mohamed Ayesh Sarkhi
by Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

to fix any mistake early to ensure getting the goal

 

Dean Du toit
by Dean Du toit , Strategic Planning & Organisational Management Head , Aspire Printing Press

They are important as one needs to track Performance versus Planned, further to this it is vital that the reports themselves are accurate. Deviations from the critical path results in losses which is what needs to be avoided.

Ahmed Khater
by Ahmed Khater , ID& Fit- Out Construction Manager , Harmony Atelier Interior Design& Decoration

Reports keeps the data flow through Project Management system, you cannot  maintain, track and control the process without the data gathered from daily, weekly and monthly reports 

Zaferullah Sharief, PMP®
by Zaferullah Sharief, PMP® , Project Manager , Huawei Technologies

Monitoring and Controlling the project is very crucial stage in the project.  While executing the Communication process PM has to satisfy the all stakeholder requirements to get the updates of the project progress.  In order to monitor the project closely it is required to have Daily, Weekly, Monthly reports to track the issues at its root level, also there are expected risks may occurred at which project team can take necessary action immediately depending upon the risk tolerance.  On the other hand we can know the project status Actual Vs Planned in respect to Cost, Schedule and Scope baselines, and if there is any gaps found then PM can raise/escalate and take necessary actions on-time.