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In this video, Devin Deen, Content Director at ProjectManager.com, discusses what to include in project status reports. He emphasizes that these reports serve as a window for external stakeholders to understand project progress. A key guideline is to avoid including surprises in the reports, such as budget overruns, schedule delays, resource shortages, or quality issues. Instead, he advises project managers to communicate such concerns directly to stakeholders or key sponsors through one-on-one conversations or phone calls before including them in the status report. The main takeaway is to ensure that project status reports provide clarity and avoid unexpected bad news.