Final answer:
Alternatives to non-mandatory concurrent reports include progress updates, informal communication, and dashboard reporting, which provide flexibility and real-time information for project management or business reporting.
Step-by-step explanation:
In the context of project management or business reporting, an alternative to a non-mandatory concurrent report may vary depending on the specific requirements of the organization or project. However, common alternatives include progress updates, informal communication such as meetings or emails, and dashboard reporting. Progress updates provide a summary of recent developments and can be delivered on a scheduled or as-needed basis. Informal communication allows for a more fluid exchange of information without the need for formal documentation, increasing flexibility and responsiveness. Dashboard reporting offers real-time data visualizations, which can be an efficient way for stakeholders to keep track of metrics and KPIs without the need for detailed reports.