Report by exception – what
                        does this mean?
                        Projects are inherently risky. If the work has no risk,
                        maybe it is your “day
      job”, and not a project at all. Projects do have problems, and some
      will be severe. Reporting by exception means displaying your problem
      areas prominently      in reports so they are easy to find and read by the stakeholders. Project
      management should create an environment where it is encouraged to discuss
      problems when
      they are small, so they can be solved before they get huge. Which leads
      us to the next guideline . . . . 
      
                    
                  
                  
                    Standardize report formats.
                        How many pages of your reports does your manager read?
                          One? A half of the first page? So, where in the report
                          should you report your critical problems? On
          the first page! It is helpful to standardize PM reports. Somewhere
                          on the first page may be, “Problem Areas Experienced this Reporting Period” and
          under that, “Corrective Actions Being Pursued.”
          
                    
                  
                  
                    Report variations from the baseline.
                        Reports should include variances from the baseline plan.
                          The most common variances to report are Schedule
                          Variance                          and Cost
                          Variance, but more on these later.
                          
                    
                  
                  
                    Freeze the baseline on the
                        software you use, or you can’t
                        measure these variances.