What status is set to the workflow once the Projected Begin Date is entered?

When the Projected Begin Date is entered into the workflow, it signifies that the project is ready to begin progressing through its planning and initiation stages. This action typically triggers the workflow to change status to "Initiated." Setting the Projected Begin Date indicates that necessary preparations and approvals have taken place, allowing the project to advance.

The "Initiated" status is an essential step in project management as it marks the transition from planning to execution, indicating that the project team can start mobilizing resources and taking actionable steps toward project implementation. This status is critical for tracking the progress of the project and aligns with project management methodologies that prioritize time-based milestones.

Other statuses like "Pending," "Completed," or "Approved" do not accurately represent the immediate action taken upon entering the Projected Begin Date. "Pending" suggests that the project is waiting for further input or action, "Completed" indicates that the project has finished its lifecycle, and "Approved" denotes that the project has received formal endorsement but does not imply initiation. Therefore, "Initiated" correctly captures the workflow's status change when the Projected Begin Date is entered.