Project Status Tag on Individual Page

Originally from ticket #3440.

It would be nice to be able to tag a status to projects on the individual page. This would allow an Individual to place a completed tag on the project on their individual page, doing this would let them see their status on the projects at a glance.

It would also be helpful if this tag was automatically removed or changed when the closeout dialog was added. This would quickly bring it to their attention that they need to take action on the project again.