The status fields within Daptiv PPM should be updated regularly -- at least once a month -- and whenever any major change in the project's status has occurred.
To update the Project Status, click on Update Status from the Project Menu. The Update Project Status page displays with the current status at the top of the page. Scroll down to the Update Status section and select values for Timeline, Scope, Budget, and Sponsor Relationship. In general, Green indicates that there are no issues, Yellow indicates that some attention to that area would benefit the project and Red indicates that immediate action is needed.
You should also update the Project State and Phase and can add supplementary notes. When you are finished, click on the Save button in the bottom right corner.