Expenses and a Project Status Report

Should I include expenses within my project status report?

Yes, when you create a project status report you should list all of the expenses at a high level which have been incurred in the last reporting period. In addition it should also lists the expenses which are planned to be incurred in the next reporting period and a determination as to whether or not the project is currently operating within budget. This will help the project stake holders to identify any budgetary problems early and to give them confidence that you are going to meet the projects objectives.

Look up project management life cycle

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