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In this video, Adriana Girdler explains what should be included in project management status reports. She highlights that a project status report summarizes project progress compared to the project plan. Various formats for the report are suggested, including Word documents, PowerPoint presentations, or web-based platforms. Adriana also offers free training to enhance project management skills and encourages viewers to subscribe for career and project management advice. The video aims to assist those looking to improve their understanding of project status updates.