Project reporting means a formal document of all the statistics, highlights of the project, and budget for all the other project phases in detail. Project reporting is very crucial for both team members and stakeholders. For stakeholders, a project report is crucial because they are willing to know everything they are spending. Project reporting will answer many of the stakeholders' queries and satisfies them that their money is in the right hands.
On the other hand, team members can also get the advantage of project reporting. Project reporting allows team members to understand better the project's goals and other things like budget and labor work, etc. When team members are well aware of the project, they will work with full enthusiasm and achieve goals. https://template124.com/project-portfolio-pmptemp/