Project Status Report Template

Consistent project status reporting is the foundation of effective project governance. A well-structured status report keeps stakeholders informed, enables proactive risk management, and creates a written record of project progress that protects everyone involved.

This project status report template is designed for weekly or monthly reporting cycles. It includes an executive summary section for senior stakeholders who need a quick overview, a detailed progress section broken down by workstream or milestone, a budget tracking section comparing actuals to plan, a risks and issues log with severity ratings and mitigation actions, and a clear next steps section with owner assignments and due dates.

The color-coded RAG (Red-Amber-Green) status indicators help stakeholders quickly assess overall project health and identify areas needing attention. The template is designed to be completed in 30 minutes or less, making regular reporting sustainable.

The template works for any project type — technology implementations, construction projects, marketing campaigns, product launches, or organizational change initiatives.