Professional Documents
Culture Documents
Part 5 Task 1
Part 5 Task 1
Reporting Standard
It is Ito’s and Ben’s expectation to have a clear and detailed report. The report should include
status along with start and expected completion date for each item. Also, a section for overall
percentage of project completion till date, challenges and upcoming milestones.
Financial Analysis
To keep track of budget utilization, Ito needs a financial analysis data to be regularly reviewed
and shared. It should include budget utilized, future costs, and ratio analysis to highlight
project's profitability.
Risk Management
It is required for any project to have a risk management plan in place to proactively assess risks
and reduce any project disruptions. The plan should list any risk events, risk time frame,
probability, impact and factors.