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The Simple Portfolio Status Report built in MS Excel is a multi-project, high-level status format for visually conveying a quick look at the status of various on-going, soon-to-start, or dependent projects. It was developed by a medium-sized telecom company as a way of quickly reporting project portfolio status to executive staff members. By design, it does not contain much detail! Instead, it provides a way for high-level managers to identify critical problems in the portfolio, and then focus executives on those issues.
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Source: Best Practices in Project Management Office Excel: Simple Portfolio Status Report Excel (XLS) Spreadsheet, Flevy
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