weekly reporting

Many construction businesses still rely on month-end reports to understand project performance. The problem is that by the time those numbers are available, they are already outdated. More work has happened on site, costs have continued to accumulate, and issues such as variations, NCRs or progress claims may still be unresolved. In some cases, the project is even finished by the time the problem becomes visible. That is why project performance should be reviewed weekly while the job is still active. Weekly reporting gives directors and operations managers earlier visibility of cost, progress, risks, quality and safety, allowing them to take action before small issues become major losses. This requires a change of culture, where project managers update their financials and key site information by Friday so management can review a clear executive summary on Monday, with accountability for each PM on the performance of their jobs. Operational control starts weekly, not monthly. Want to improve weekly visibility across your projects? Request a complimentary operational assessment.