Performance Reporting

Guide to Performance Reporting in Project Communication Management

Performance Reporting is a critical component of the Project Communication Management involved in the CAPM (Certified Associate in Project Management) certification. It's importance cannot be overstated as it allows project managers to effectively communicate project statuses to all interested parties.

Essentially, Performance Reporting is the process of collecting and distributing performance information, including status reports, progress measurements and forecasts. This process involves the collection of all baseline data, and the status and progress information, comparing them to plan, forecasting future performance trends and reviewing such information.

Understanding how it works is key to answering relevant questions in exams. In exam scenarios, you might be asked to analyze a project status based on a given performance report. To answer these questions, you need to understand what the performance indicators in the report are telling you about the project’s status and its future trends.

Exam Tips: For answering questions on Performance Reporting, remember to focus on understanding the key performance indicators and be aware of how variances in those indicators can affect the project overall. Recall the indicators used in performance reporting such as Cost Performance Index (CPI) and Schedule Performance Index (SPI), and be prepared to analyze their impact on the project. Maintaining a clear understanding of how the collected data and forecasting relate to the project’s objectives and end goal will also be of great benefit.

The successful understanding and interpretation of Performance Reporting can greatly influence your CAPM examination success, and form a strong foundation for your future project management career.