Final answer:
In a status report, a project manager must cover critical elements such as possible schedule delays, progress of deliverables, resolution of prior issues, and any high-risk deliverables indicated by red coding on the dashboard.
Step-by-step explanation:
A project manager must address several elements in a status report to provide a clear picture of the project's progress and highlight any potential risks. These elements usually include:
- A possible schedule delay— Any risks that could potentially set the project timeline back are critical to address as they can have significant implications on the project's delivery and success.
- A deliverable that is on track for completion— While it's important to document issues, it is equally important to note which deliverables are proceeding as planned to give stakeholders a complete view of the project status.
- An issue noted as resolved in the last status report— Updating the resolution of previous issues indicates progress and that the project team is actively managing and overcoming obstacles.
- A deliverable coded red in the dashboard— This indicates a high level of concern and is often used to flag deliverables that are at risk of not being completed on time or to the required standard, requiring immediate attention.
The main answer would stress the importance of addressing each of these points to ensure that stakeholders are kept informed about all aspects of project progress, potential risks, and any areas that require their attention or action.