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In this video, Adriana Girdler explains what should be included in project management status reports. She describes a project status report as a summary of the project's progress compared to the project plan. Various formats for these reports are suggested, including Word documents, PowerPoint presentations, or web-based platforms. Girdler also offers free training to help enhance project management skills and encourages viewers to subscribe for more career and project management advice. The segment emphasizes the importance of clear communication regarding project status updates.