This Progress Report Example is a report in which you update project information. This Progress Report Example allows management and clients to stay up to date on a project's status and change or adjust assignments, schedules, and budgets. It outlines the activities you've completed, completed tasks, and milestones you've reached in your project plan. These reports are issued at regular intervals and used for projects with many steps from start to finish. Send a memo if you are sending your progress report within your company, but a letter if it is going outside of your company.