Halfway through a six-month marketing campaign, the executive sponsors ask for a clear picture of what has been accomplished so far and what still needs to be done. You have tracked schedule performance in your project management application. Which action will most effectively give the sponsors the information they want?
Send a summarized burndown chart to stakeholders without additional context.
Provide the sponsors with a detailed progress report that lists completed milestones, work in progress, and upcoming tasks.
Host an internal retrospective meeting to discuss team performance.
Update the project schedule in the PM tool and grant access only to the core team.
A detailed progress report communicates exactly which milestones have been finished, work in progress, and the forecast dates for upcoming activities, giving stakeholders the comprehensive visibility they requested. The other actions are internal-focused or provide limited data and therefore do not meet the sponsors' need for an overall progress update.
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Why is a progress report important for stakeholders?
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What key components should be included in a progress report?
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How often should progress reports be shared with stakeholders?