Process Status in Project Management – Definition and Meaning
Example, best practice, and further information
In a multi-stage approval process for a project investment, the process status might read ‘Under Review by Controlling’ until the review is complete and the next step is triggered. A best practice is to update the current state of an ongoing process promptly and accurately to reflect actual progress. This aligns with status tracking methods according to the PMBOK Guide and the visualization of workflows in agile Kanban boards, promotes transparency for all stakeholders, and enables quick responses to delays or issues.