Free Project Status Weekly Report Template

Project Status Weekly Report


Company: [Your Company Name]

Prepared by: [Your Name]

Report Period: [Date]


1. Summary:

The project remains on track. This week focused on finalizing system testing and addressing integration issues with the payment gateway. While we experienced a minor delay in resolving encryption conflicts, the team successfully completed 90% of the planned tasks. The project timeline remains intact, and we expect to begin user acceptance testing (UAT) next week.


2. Key Milestones:

Milestone

Planned Date

Status

Comments

Finalize System Testing

April 10, 2053

Completed

Minor issues with payment integration fixed.

User Acceptance Testing (UAT) Begins

April 17, 2053

On Track

Preparations in progress.

Full Integration & Deployment

April 30, 2053

On Track

All components are set for the UAT phase.


3. Tasks Completed This Week:

  • Resolved 8/10 encryption-related issues with the quantum payment gateway.

  • Finalized core system testing, ensuring compliance with performance benchmarks.

  • Coordinated with the security team for a final review of the encryption protocol.

  • Delivered the final version of the documentation to the client for initial feedback.


4. Tasks Planned for Next Week:

  • Complete the remaining 2 encryption issues related to payment systems.

  • Begin User Acceptance Testing (UAT) for internal stakeholders.

  • Conduct a performance optimization review with third-party vendors.

  • Review any feedback from the client on system documentation.


5. Issues and Risks:

Risk/Issue

Impact

Status

Mitigation

Encryption conflicts with payment gateway

Medium

Open

The team is working on final fixes, with completion expected by April 14, 2053.

Performance testing of AI algorithms

Low

Under Review

A performance review is scheduled for next week to ensure the AI model runs smoothly under the expected load.


6. Key Decisions:

  • Delayed the final encryption test deadline to April 14, 2053, to allow for additional troubleshooting and review.

  • Decided to begin UAT on April 17, 2053, to keep the overall timeline intact.


7. Budget Status:

Budget Item

Allocated

Spent

Remaining

Gateway Integration

$500,000

$450,000

$50,000

System Testing & UAT

$350,000

$275,000

$75,000

Overall Project Budget

$2,000,000

$1,600,000

$400,000


8. Upcoming Meetings:

  • Stakeholder Review: April 14, 2053, 2:00 PM (Online)

  • UAT Kick-off Meeting: April 17, 2053, 9:00 AM (HQ Conference Room)


9. Conclusion:

The project is progressing well, despite a few encryption-related setbacks. The project remains on schedule and within budget, with UAT preparations currently underway. Next week’s focus will be on ensuring a successful UAT launch and performance testing.


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