Best Practice for Report Projects Related To Application Solutions

Hello Reporting Services Gurus!

I'm about to start on my first reporting services project, but before I mess it up, I'm looking for some guidance on how best to achieve my mission. Here's what I'm looking to achieve:

I have a datacentric application (SQL Server 2005 Express w/ Advanced Services backend) in which I want to build about 50 "canned" reports for the end users. I want to build the reports utilizing server mode so I can take advantage of some of Reporting Services advanced features. I'm not sure what the best practice would be to build the reporting services project. Is it better to include the report project as another project within the application solution? Or, should I build the report project independent of the application solution? What are the pros and cons of doing it either way? How does including the report project build if it's included in the application solution? How would a ClickOnce deployment deploy the report project to the report server?

My ultimate goal would be to have an "off-the-shelf" software solution that includes an installation package consisting of the application project and report project. Is it even possible due to the Reporting Services architecture to achieve an install in this manner with ClickOnce, Windows Installer, or Installshield? Or, is building the report project indepedent of the application project and deploying the reports to the report server "manually" (i.e. deploy within the report server project) the only solution?

Any help would be greatly appreciated!

Tony

I haven't received any feedback yet, so I thought I'd try bumping it back to the top of the thread.

Thanks for any help!