Reporting Project Performance Pmbok Section

Throughout the project, customers and other stakeholders are going to need updates on the project performance. The work performance information—the status of what's been completed and what's left to do—is always at the heart of performance reporting. Stakeholders want to be kept abreast of how the project is performing.

Performance reporting is the process of collecting, organizing, and disseminating information on how project resources are being used to complete the project objectives. In other words, the people footing the bill and who are affected by the outcome of the project need some confirmation that things are going the way the project manager has promised.

Performance reporting covers more than just cost and schedule, although these are the most common concerns. Another huge issue is the influence of risks on the project's success. The project manager and the project team must continue to monitor and evaluate risks, including pending risks and their impact on the project's success.

Another major concern with reporting is the level of quality. No one will praise the project manager and the project team for completing the project on time and on budget if the quality of the work is unacceptable. In fact, the project could be declared a failure and cancelled as a result of poor quality, or the project team may be forced to redo the work, business could be lost, or individuals could even be harmed as a result of the poor quality of the project work.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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