work in progress | ˌwərkinˈpräɡrəs |

noun (plural works in progress)

an unfinished project that is still being added to or developed: the book itself is still a work in progress | students may bring along a blank DVD to record their work in progress.

• (in accounting) the total value of the materials and labor for unfinished projects: the board had estimated the value of its work in progress.

McKean, Erin. The New Oxford American Dictionary. Oxford, Oxford University Press, 2005.