When adding a new project status, the new status appears by default at the bottom of the status list.
This is also the default order as it appears to the end-user.
The current workaround involves updating the order for each group, rather than an option to order at the master level (i.e. change default order for all groups).
Our instance has 800+ groups, and we cannot re-order the status list one by one.
There should be an option to order at a master level or at least set the order when you create a new status.