A Project review in project management is a status assessment of a project, generally undertaken at the end of each Project Phase. It helps in identifying the current status of the project. The Project Review highlights the deliverables to determine whether the project has met the objectives set according to their projected timeline. Project Managers widely use Project Review Templates to showcase the progress of their projects to senior management.
Project managers conduct Project reviews to ensure that the project is on track according to the projected timeline, and there are no anticipated issues. Periodic Project reviews keep the team members accountable and responsible for their deliverables on time. Project reviews also highlight risks and issues in the project and help resolve them without wasting too much time. Also, Project review ensures that project goals are on track and accomplished.
A Project Management Review is an exercise undertaken at the end of each project phase to identify the project’s current status. The project review identifies the deliverables which have been produced to date and determines whether or not the project has met the objectives set.