During project execution, what should a project manager provide to stakeholders to inform them about potential factors that might affect project objectives and the plans to manage them?
Budget updates
Quality assurance reports
Progress reports
Risk reports
Risk reports are used to communicate to stakeholders about potential factors that might affect the project's objectives and the mitigation strategies in place. Regularly updating stakeholders with risk reports ensures they are aware of any threats and how the project team plans to address them. Progress reports focus on current project status, budget updates relate to financial standing, and quality assurance reports address adherence to quality standards; none of these specifically communicate potential future threats and how to manage them.
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