Within Teamwork Spaces, you can insert statuses to your pages to provide updates for important items in your documentation.
Open the page you want to add the status to, and select Edit in the top right corner.
When viewing the page in edit mode, select the + to the right of the WYSIWYG editor bar and choose Status from the dropdown menu.
The status modal will allow you to type in your required status term and select a color indicator.
To edit a status, click on the status to populate the status modal. Enter your updated text and select a new color if required.
For more information, see: Using Info Panels