A status report is a document that provides an update on the progress of a project or task. It typically includes information about completed work, ongoing activities, and any challenges faced. Status reports help keep stakeholders informed and ensure that everyone is aligned on project goals and timelines. These reports can be shared regularly, such as weekly or monthly, and may include metrics, milestones, and next steps. They are essential for effective communication within teams and can involve tools like project management software to track progress and facilitate collaboration among team members.