Project status is very important for a project manager if he/she wants to ensure the project delivery on time and on budget. Without regular update on project status the project can digress form its initial objectives.
So, project status shouldn’t be figured out spontaneously as depicted in the comic strip. To find out the status of a project a project manager should organize a full-fledged project status review meetings. Project status review meetings should be prepared with a well-defined agenda, purpose, objective and time frame and should be appropriately documented about the progress and action items.