A project status report shows data over a certain period of time, essentially it’s a snap shot. When these "snapshots" are taken regularly, it's easy to track progress and make adjustments. It’s a document that describes the progress of a project within a specific time period. Project managers use status reports to keep stakeholders informed of progress and monitor costs, risks, time and work. Project status reports allow project managers and stakeholders to visualize project data through charts and graphs.
