How will Technology Impact the FMCG Sector in 2024?
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Timely information can be the difference between a successful project and a failing one in the world of project management. One underutilised and powerful tool in the project management cycle is the LIE report, which helps teams track progress, identify risks, and make informed decisions.
The LIE report may not be as widely known as more formal reports, such as TEV. Still, it is increasingly used in infrastructure and engineering projects to achieve better execution outcomes. Before we get into what a LIE report in project management entails, we should consider why it is a valuable resource for project managers in complex or large-scale projects.
A LIE report (Lookahead, Issues and Escalations) is a practical project report that provides a deeply insightful overview of a project, often prepared weekly. It can include what is coming up next, what blockers are being faced, and what issues require authorisation and escalation. It helps teams plan ahead of time and enables real-time problem solving by building transparency between team members across departments.
According to global project management insights, poor communication and lack of consistent execution are among the top reasons projects fail. Many of these challenges can be directly addressed by adopting a structured reporting mechanism like the LIE report. Let’s see how they function and how they can help your business in robust project management.
To ensure alignment with broader business goals and successful project management, LIE reports have some key components. They may vary depending on project type and organisational preferences.
This section outlines the activities scheduled for the upcoming period (e.g., next 1–2 weeks). It involves identifying readiness, resource requirements, and dependencies. The process helps set expectations and assists in proactive scheduling.
This component lists the issues or blockers currently affecting execution. These could include delays in procurement, manpower shortages, technical challenges, or coordination gaps. Each issue is typically tagged with status and ownership.
Here, unresolved or critical issues that need higher-level intervention are flagged. This includes delays needing leadership decisions or cross-functional support. Escalations make timely resolution possible without affecting the project timeline.
Some organisations also include technical observations, risk notations, or financial status summaries within the LIE report to make it more comprehensive. But these are not standard across all formats.
A LIE report needs a structured, multi-step workflow that delivers data accuracy, clarity, and relevance. Each step plays a critical role in producing an actionable and credible report.
Engage key stakeholders to define reporting scope and collect relevant data from project leads, site teams, and functional units. This ensures alignment on what the report must cover.
Conduct physical or virtual inspections to verify progress and flag on-ground issues. Engineering leads or project managers usually consolidate this data for inclusion in the Lookahead and Issues sections.
Gather inputs from finance, procurement, compliance, or external partners if their actions impact the upcoming project phases or require escalation.
Compile all insights into a structured document with clear sections and visual cues. Senior members can execute a quick review cycle to ensure an accurate and credible report.
You need to implement a recurring cadence for updates, weekly, biweekly, or monthly. That’s how the leadership will have quick access to current data for timely interventions and course corrections.
Now that you know the benefits that entail a LIE report, let us dive into how they can benefit infrastructure projects:
Consistent, data-driven reporting builds transparency with stakeholders, contractors, and funding agencies. This fosters trust and reinforces the project team's professionalism and operational maturity.
LIE reports provide insights into your ongoing technical, scheduling, and execution activities. As a result, the leadership will be in a position to make faster, more certain decisions. This will lead to appropriate and timely actions geared toward long-term project goals.
By spotlighting emerging infrastructural risks and tracking mitigation measures, LIE reports help avoid costly disruptions and keep projects on time and within budget.
While not a compliance document, LIE reports may reflect regulatory or contractual flags that need to be addressed in upcoming phases.
With structured and consistent reporting, teams demonstrate better project control. This will help with stakeholder reporting and improve operational visibility during execution.
While both LIE Reports and TEV (Techno-Economic Viability) Studies are essential for infrastructure projects, they serve different purposes. Here's a breakdown of their core distinctions to clarify when and how each should be used.
Aspect | LIE Report | TEV Study |
---|---|---|
Purpose | Ongoing project monitoring and escalation management | Initial assessment of the project’s technical and financial viability |
Timing | Generated periodically (e.g., weekly/monthly) | Conducted before project approval or financing |
Focus Areas | Progress tracking, issues, risks, and team alignment | Market analysis, ROI, technical feasibility, cost-benefit |
Audience | Project teams, investors, and lenders during execution | Investors, financial institutions, and regulatory bodies |
Nature | Dynamic, updated regularly | Static, typically one-time, unless reassessment is needed |
Output Format | Short-form, action-oriented report | Comprehensive analytical report |
While it has its benefits, executing a successful LIE report can present some challenges. By addressing these challenges in advance, you can prevent the report from becoming a compromised resource for strategic oversight of your project:
Using obsolete or unverified inputs can undermine the insights you will gain. You can introduce data validation processes and assign ownership of data to individuals in the functional areas to maintain its accuracy.
Misalignment in reporting expectations can dilute impact. There should be a standard reporting format and cadence, with briefings to align all stakeholders on interpretation.
Evolving scope or project reprioritisation can render older reports less useful. Hence, the Lookahead and Issues sections should be updated based on the most recent project steering discussions.
LIE reports are strategic assets that drive accountability, foresight, and control in complex projects. As infrastructure initiatives grow in scale and face greater scrutiny, you need to deliver real-time, actionable insights. Therefore, LIE reporting will be a defining factor in achieving long-term success and earning stakeholder confidence.
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Helps to assess new, expansion and stressed projects; highlight probable risk areas; and establish techno-economic viability.