The status report for the Application Upgrade Project indicates a mixed overall status with scope and schedule marked yellow, while budget is green. Key needs include a decision on adding app functionality and authorization for service disruption during transition. The report highlights risks of potential cost overruns and a budgeting functionality bug as significant issues impacting the project timeline.
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Status Report_Potential Solution
The status report for the Application Upgrade Project indicates a mixed overall status with scope and schedule marked yellow, while budget is green. Key needs include a decision on adding app functionality and authorization for service disruption during transition. The report highlights risks of potential cost overruns and a budgeting functionality bug as significant issues impacting the project timeline.
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Status Report – Potential Solution
Project: Application Upgrade Project
Date: 15 Feb 2023
Name/Organization Priya Samuels/Magic Money Inc.
Overall Status of Project Deliverables
Deliverable Status Current Objectives Forecast/Trending (Red, Yellow, Green) Health • Green: On track for Scope Yellow Yellow completion as planned • Yellow: Some risks and Schedule Green Yellow issues present • Red: Will not achieve desired Budget Yellow Green results Help Needed • Must Have: Decision to add additional app (Requirement and Sources) functionality • Should Have: Time of service disruption during Describe as Must Have, Should transition authorized Have, and Like to Have • Service interruption at transition Risks • Potential for cost overruns (New risks and changes since last report (Add, Change, Delete))
Issues • Budgeting functionality bug
(Risks that occurred or questions you need responses for)
• Decision to add additional functionality
Recent/Pending Decisions • Request for additional contingency reserves Impacting Project