Progress reports refer to the documents that give information about the development or advancement of a particular project. However, there are several other terms that can be used as synonyms for progress reports. Some of these synonyms include status updates, performance reviews, quarterly reports, project updates, development updates, milestone reports, and accomplishment reports. Each of these terms describes a report that focuses on the growth and progress of a specific project or initiative. Regardless of the specific term used, the purpose of these reports remains the same - to provide stakeholders with an understanding of the progress being made and the challenges faced during the course of a project or initiative.