The Project Status indicates the current status of your project: Complete, On Schedule, Late, Future, On Budget or Overbudget:

1. Complete – If the project is 100% complete, then our application sets the Project Status to Complete.
2. On Schedule – If percent complete is spread to at least the day before the status date, then the Project Status is On Schedule.
3. Late – If percent complete does not reach midnight on the day before the status date, then the Project Status is Late.
4. Future – If the Start Date of the project is greater than the Status Date, then the Project Status is set to Future.
5. On Budget – If the project total cost is less or the same amount as the set project maximum cost, then the Project Status is set to On Budget.
6. Overbudget – If the project total cost is over the set project maximum cost, then the Project Status is set to Overbudget.