Project reports are vital tools that give a comprehensive overview of the project. It helps track project progress and predict the outcome. In addition, it helps managers identify bottlenecks and variances and take timely remedial actions.
Different reports represent the various KPIs associated with the project. Additionally, some are prepared to compare the planned versus actual scenarios. Thus, it helps communicate relevant information to key stakeholders, strengthen decision-making, and ultimately ensure the successful delivery of projects.