Statuses of business processes

Status	Description
Not started	Indicates the object has been created.
In progress	Indicates work on the object has been started.
On hold	Indicates work on this object should not continue at this time.
Cancelled	Indicates that no users should access the object; work on it has been stopped permanently.
Completed	Indicates that work on the object is finished.
In Reconciliation	(Projects only). Indicates someone is editing a cancelled or completed project. This is a temporary state available to users having the proper security permission.