This report outlines the current state of your activity for the project you or your team is working on. It highlights the milestones which you have already achieved and how many tasks you have still uncompleted. It mentions the details of the task and commitments that have towards those incomplete tasks. It provides you with an overall estimation of the time and resources which you have utilized in the activity. It gives you an overall view of your activity in the form of graphs, pie charts, and theory that helps to detect upcoming errors. So, you can change your strategy and methods to avoid such problems. It keeps you updated and motivated in your professional zone. It provides you a quick view of the activity's progress. It determines the growth rate of the given project. Either it is leading towards its goal or not. These reports are beneficial for a clear understanding of the activity in terms of its completion.