Information about the state of products should be maintained and may be presented, within defined limits, in a product status account. The limits can vary. For example, the report could cover the entire project, a particular management stage, a particular area of the project or the history of a specific product. It is particularly useful if the project manager wishes to confirm the version number of products.

The product status account may be derived from:

• configuration item records
• a stage plan.

PRINCE2 does not define the composition, format and presentation or quality criteria for this product. This template is provided by way of example.