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What does in progress mean?

Looking for the meaning or definition of the word in progress? Here's what it means.

Prepositional phrase
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Examples
The screenplay is much too similar to a recent film, which suggests to me that it may be an old work in progress, pulled out of a bottom drawer.
At the Daly mine they observed work in progress on the tunnel being driven about forty metres below the old workings.
Stock and work in progress are valued at the lower of cost and net realisable value and any value deducted from cost of sales.
The script changed from moment to moment, it was always a work in progress, day after day, after day.
The new footpaths and some work on removing overhead cables was helpful and the adjudicators took note of the work in progress on the kerbsides.
The loan was effectively financing the work in progress appearing in the company's accounts and subsequent payments of interest.

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