We know what planned means. If you think you can have it ready in 4 months, and you can't we won't hold you to it, but knowing how far along you are, in relation to what you've planned helps us a lot. Then you can also update if you push your timetable a week7month/year. Anyways, it's an idea to keep us updated on the progress.
A sticky with recent news might be good too. If you keep one sticky with your monthly reports, then it might get to be a bit long, but we'd always have it in the top and know where to look for news
