The exchange of information and professional experience among seasoned and developing project managers is an invaluable asset to any organization. External Interfaces Communications Senior Management Project Reviews Communicating project status is critical, and the PMO provides the central point from which project status emanates. How this information is made available to senior management and project stakeholders must be detailed in the project communications plan. The PMO and staff must present a regular review of project status through scheduled reports, notices of critical issues and formal presentations. Never dress up bad news or even try to talk around it.
Bad news is like a dead fish.
When you are giving the status, make sure you present all the facts correctly. This is especially true when reporting financial status of expediters, projected expenses and, if applicable, customer invoicing status. Be brief, concise and to the point. Don t begin a long dissertation. Limit the number of charts you show when giving a project status review presentation.