Progress is the collection, processing, and reporting of actual quantities and costs, estimate to complete quantities and costs, dates, and physical percent complete for a project. You can collect progress for deliverables, task resource assignments, tasks, and projects.

You use progress to report on whether workplan execution is on track. This allows you to make adjustments to work planning if progress is ahead of or behind schedule. You can also use progress to forecast the effort and costs at project completion, generate revenue and invoice customers, and perform financial reporting.