First Periodical Management Report

Summary
The periodical management report will have two parts. (1) The Technical Report's Part B is a project status report. It presents a narrative of the progression of the work done, from project objectives and work packages, to tasks’ progress descriptions. It also covers detected risks and the associated mitigation measures. Also, any deviations from original planning should be explained here. (2) The Financial Report refers to the consumption of the project costs incurred during the period.