Exception report

An exception report is required if an approved project is forecast to deviate beyond the set tolerance levels. It is standard practice in project management to set tolerance levels for budget, timescales, quality standards, resource scheduling requirements and risk management.

The exception report is prepared by the project manager and presented to the appointed board. It presents the factual evidence of an exception to the approved project, summarising its impact, the options to mitigate the impact and the proposed recommendations.