Module 04 Course Project - Status Update and Software Installation Plan
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Module04StatusUpdateTemplate.docx
Module 04 Status Update
[Insert Name]
Network Administration Capstone
Project Status Update
Work Completed Last Week 2 Work Planned For Next Week 2 Open Issues 2 Open Risks 2 Deliverables and Milestones 2 Key Performance Indicators (KPI's) and Remediation Plan 3
Project Status Summary Percent Complete: xx %
Project Status Summary: This section provides a quick executive overview of the status of the project. It is intended for high level management so it should not get too much into the details of the project. However, it should highlight anything specific which should be brought to their attention. The Scope/Schedule/Cost/Quality table above is a quick way to present a color coded dashboard for the status report. Typically a variance of +/- 5% will warrant a yellow cautionary color and +/- 10% will warrant a red warning color. For a project which needs tighter control +/- 2% and +/- 5% are used for these thresholds; whereas, other projects with less strict control may use 10% and 20% variances. The percent complete here should be the percent completion of the entire project. For any constraint which is yellow or red this section should contain brief explanation the reason why.
Work Completed Last Week
Work Completed Last Week: In this section you should provide a highlight of work performed and milestones and/or deliverables met during the past week.
Work Planned For Next Week
Work Planned for Next Week: Provide an overview of the work being performed during the next week and any milestones or deliverables you expect to meet.
Open Issues
Open Issues: This section should contain a list of open issues along with their status.
Open Risks
Open Risks: This section should contain a list of all open risks (risks which have occurred, or are on the verge of occurring).
Deliverables and Milestones
Deliverables and Milestones: This section is a quick table which shows the status of the project milestones and deliverables.
The first column is for the name of the Milestone or Deliverable as it's in the project plan. The next column is the WBS number, this makes it easier to find the milestone/deliverable in the project plan. Planned is the planned date according to the approved project plan, the forecasted is the date you expect and actual is the actual date the milestone was met or deliverable was delivered. The status is a simple one or two word status such as; completed, on schedule, behind schedule, accepted, etc.
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Milestone |
WBS |
Planned |
Forecasted |
Actual |
Status |
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Deliverable |
WBS |
Planned |
Forecasted |
Actual |
Status |
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Key Performance Indicators (KPI's) and Remediation Plan
KPI: Many managers turn right to this section as it provides a clear view of the status of the project according the earned value metrics. In your project you need to decide which metrics to monitor, but be sure not to include too many as you may end up providing the same information but in different forms. We like to track SV, SPI, CV and CPI in the layout below.
Below the schedule and cost headings you will state whether the project is ahead of or behind schedule and over or under budget. Since it is highly unlikely that you will be on schedule and/or on-budget, for this section you must assume that you are in fact either off schedule or overbudget. Provide a thorough plan to address one of these problems. Your plan should demonstrate a strong understanding of the challenges and setbacks you are likely to face.
If you like you can also include a paragraph at the beginning of this section presenting the earned value results in verbose.
Schedule - Project is Ahead of/Behind Schedule
Schedule Variance (SV): $xxxx
Schedule Performance Index (SPI): x.xx
Cost - Project is Over/Under Budget
Cost Variance (CV): $xxx
Cost Performance Index (CPI): x.xx
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