Monthly Project Status Report Template

Monthly Project Status Report Template

Project management is an essential part of every business. You need to understand where projects are in their lifecycle in order to get them done on time and on budget. Messing up a project could leave a business in a world of hurt. That is why it is important to make sure you have the right status report in order to relay information to everyone in the company and your team. A good monthly project status report template is vital to giving you that head start needed to create a project status report every month. You can even get a monthly project status report template excel in order to use Microsoft Office programs to work with it. All of these things are an essential part of doing project management in a safe and effective manner.

Some companies are essentially built on good project management. In those tight industries where it is required to be on top of your game or you go bankrupt, project management is the foundation of profits. For the companies that routinely do project management, you get the monthly project status report template online. This allows you to keep up with what is happening. The monthly project status report template spreadsheet usually comes in a simple downloadable file that you can edit your own program. It has all the features needed to ensure that you can make the calculations and enter the information that people need about your project.

How to Use

For a monthly project status report template excel, it is very easy to use. The status report will be something that someone experienced in using Microsoft Excel can open up and edit with ease. A project status report is something that will give a certain amount of information. The first information it will give is about who is working on the project. You want to know all the stakeholders and who are responsible for bringing the project to finish. That means knowing who the project manager is and also a lot of other information about the workers. For example, you want to know who is assigned to what task. This status report will tell you everything that has been done in the past and what people are looking to do in the future. They should understand the big picture about the project so they can see what needs to be done in the future.

A template like this will have many different faces to edit things. This is because the monthly project status report template spreadsheet is something that needs a lot of input and information in order to get done right. This information comes in the form of various pages that will have graphs and other charts to show you how things are going in the project. You will also need to have a waterfall-like chart that shows you how things have progressed over time. Since this is a monthly project template, it will talk about all the previous months and what the future months will look like. It should also tell you detailed information about whether you are on track or not. A project report that doesn’t tell you if you are on track is one that is doomed to failure. One of the biggest reasons that people for projects is not knowing whether or not they are on track. This knowledge is important because it gives you an idea of how urgent you need to be in what you are doing. When a project causes you to be complacent, you want to make sure that you find a way to drive that inner motivation to succeed.

Being that the project is in excel, it will have an almost unlimited amount of information you can look at. It will also have the ability for you to edit formulas and change things around. Not every business will need the formulas and information on these charts. You can edit them to suit your project and company. This allows you to customize things to your liking. Product customization adds that custom field that makes things even better for you. You also get the opportunity to see the project as a whole, which is important.

Major Features of This Template

The major feature of this template is the dashboard. You will get to see everything in one place that you can edit and understand. The dashboard will contain all the information needed to truly get detailed knowledge of this template. It will show you all the things that have been done in the past and what is coming up. It will also give you a quick overview of a deadline so you don’t miss it. You want to have all that information right there at your fingertips so you never need to think about it or remember it. This information is critical to finishing projects on time and under budget.

The next major feature of this project is the performance. This will talk about how people have been performing in the project and how things can be improved. Giving your team detailed information to help them improve will make your workplace even better. It will make everyone more effective which leads to better results. This effectiveness can even lead to your team doing more in less time. One of the most important parts of doing business is having an effective team that can do the work you need in a short period of time. All of these things come together to make this project template one you don’t want to miss.

Other Things to Consider

The best thing about this product template is that it is free. You will be able to download it and start editing right away. Most project templates for excel aren’t free. It is a quick download that makes your life a lot easier. Can you imagine how hard it would be to have to create your own project status report? If you had to create yourself you would take about a week. The best thing about this template is it saves about a week worth of time that you don’t have to do something yourself. You don’t have to reinvent the wheel which is great for your business and project. You also have something that is professionally done by someone who has knowledge of excel. If you don’t have in-depth knowledge of Microsoft Excel than creating this project template would be even harder. You would have to spend hours or even months of fit time learning how to use excel in a good enough manner that you could do all the edits and create all the information yourself without making a lot of mistakes. So go ahead and download this template and start using it immediately.