As a project manager one of the tasks you will keep your upper management or investor up to date on the progress of the project you're working on. How common are mostly doing this is to use a status report template to provide them with a clear picture of where the project is timely. You can get the best power bi report templates via online sources.
The frequency of these reports is normally decided at the beginning of the project and they should be submitted at the time so that any changes required in the way will be made on time. Most managers are familiar with the concept even if they never filed a previous report type.
A typical status report is used to inform the management of the progress made during the reporting period. This information can help them to make a decision as to whether more employees are needed to accelerate the project or that it is time to order supplies for the next stage so that everything continues to run on time.
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It can also be used to show where there are problems and what possible solutions they may be. Your report is very detailed, but still must be quick so that those who read can see at a glance where the project stands.
Your status report should include your current charges and project whether you are on a budget if this variance is the time to let investors know about them. The same thing applies to a project, if you are running behind schedule your report needs to show the reason why such a lack of material or key employees may be ill and unable to work.