Keys to an effective business project report:
Submit the report on time. A status report is time sensitive and sending it late defeats the purpose of such a report.
Giving complete but inaccurate information is just as bad as giving accurate but incomplete information.
Do not cover up bad news or adverse reports as these are all part of the transparency of the status report.
Be proud of the team’s accomplishments, after all, this is what the clients and the stakeholders will want to know about.
Anticipate questions from the clients or stakeholders and be prepared to answer them.