I'd like to be able to create a report to include the date the status changed on a project. And if it changed back and forth, it would be great to be able to report on that as well.
We have a field that logs when a status change occurs to a specific status which was achieved using a calculated field in the project custom form. We had help from a consultant to set this up so I would recommend asking your CSM if they can help you set this up. It would be helpful to have this as a standard field though.