Commercial Progress Reporting on ReaDI-Watch

At the core of Grant-funded R&D and Innovation projects typically lies an important commercial activity taking place by the funded parties. 

Usually, the work undertaken in a funded R&D and Innovation project is broken out into Work Packages. Against each work package are Tasks, Milestones and/or Deliverables. Typically, particularly in larger projects, each work package has an associated budget. 

Progress Reporting against Work Packages in ReaDI-Watch

In ReaDI-Watch's RD&I Project Management toolkit, you can create a set of work packages, with all of the associated details of the structure of the project. This is usually copied directly from the successful application!

You can add the following to get started:

  • Team Members
  • Description of Work Package
  • Milestones/Deliverables
  • Files

See the below video to get started:

In order to track the project in real-time, and depending on the requirements of the grant, users can track the following in a work package:

  • Expenses
  • Timelogs
  • Progress Updates
  • Investigations/Experiments
  • Files 

Generating a Commercial Progress Report 

When it comes to generating progress reports, ReaDI-Watch offers a very flexible "Reporting Center". This has two key capabilities:

  1. Creating Templates
  2. Generating Reports 

Creating Templates

Templates can be generated in ReaDI-Watch against the requirements as set out in the grant-funding programme. Commercial Progress Reporting is usually coupled with Technical/Technological progress reporting (often broken out by Work Packages). There are standard templates available on ReaDI-Watch, and you can generate your own repository of templates.

Generating Reports

Once templates are generated, reports against specific RD&I projects can be quickly prepared. On our dynamic reporting center, you can quickly pull-in project data using a "Variable Fill" method, and then edit and refine the report to your needs!

We recommend finalizing the report as much as possible, before exporting - so that you keep a close record online of all the reporting for RD&I - this information can be taken forward for future years and future draw-downs. 

Report Center Video