Team Weekly Reports

What are the most significant risks that could jeopardize the success of the project? How are these risks being managed? What contingency plans are ready? Were any changes made to the existing design of the system (requirements, block diagram, system spec, etc)? Why was this change necessary, what costs does the change incur, and how will these costs be mitigated going forward? Provide an updated schedule if changes have occurred. This is also the place to put some photos of your progress or to brag about component you got working.