Suppose you’re the project manager for Software Company and your team is in charge of delivering the update to tax preparation software for next tax season. The project team has ten software developers working together, but situated across the country. You’ve the following information regarding the project, and need to give a status to the sponsors.

Please prepare down a one page status report to sponsors in APA format, giving a clear indication of status of project. (Suggestion: Red, Yellow, or Green for status). The sponsors as well like to only know the two most significant risks, and what could be done to mitigate the risk if it occurs. The conclusion of status report should describe any requests for additional resources, if they’re essential. New items you learned this month about the project: There is a three day weekend in coming month. Nine of the developers are on track to finish their tasks two weeks early. One software developer took the freshly announced “early retirement” package, and is leaving in one week. He is confident he will be capable to complete his piece of the work before he leaves. It is hurricane season in the Florida, where three of developers are situated. The developer who is retiring is the only person who knows how to get approval for final product from the IRS. The project costs are under budget and there has been no need for overtime.

Additional:

Your status report must be one page in length (not including title and reference pages).