System Administrator is the first page you will be encountering on the Menu Page.
Statuses Page also falls under this menu. On this page, definitions such as customizing the status color and setting limits can be implemented.
Respective fields can be modified by clicking Edit icon at the top right of the screen as it can be seen in the following image.
Apart from default statuses, custom statuses can be edited as well. To create new one, please press New icon.
Once the relevant fields are filled out and teams that can utilize it are selected, press Save icon to finalize it.