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product development projects are always risky thats why its important for companies to track their progress in a careful way one way to track how a project is going is by using the high leg report this report can help you record how the project has progressed what risks have been encountered and what actions have been taken to address these risks you can also use it to identify where future risks are likely to occur highlight reports are used as short regular updates to show how the project is going this helps keep the project team moving forward and improves communication with stakeholders the reports also help keep everyone informed about what is happening in the project the highlight report is similar to the agenda and agenda for your next meeting its also a living and breathing document that may be updated as needed the first thing you need to do is explain what format and frequency should this report follow this way everyone knows how often should this report be produced and h