The project status report is a documented history of the project. It is a document that highlights the analytical information about the project. It determines the current state of the project. It defines the expected error which is coming ahead. Overall it mentions the sub details of the project. It describes the factors which hinder its progress. It includes the time frame and employees' strategies. It claims that the project is well handled by its workers or not. This also determines that the project is going in the right direction or there is a need to change the strategy. It helps to understand the growth rate of the workers. It describes the multiple factors due to which you can change your direction for completion of the project. It helps to understand different aspects of the project. These reports are not published for once. But it has to be changed again and again until the project is complete.