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In the version profile, you specify the objects to be included in a project version, (for example, WBS elements, activities, production resources/tools, or costs) and when the project version should be created. In the version profile, you can enter as many user and/or system statuses as you want for creating a project version.
For status-dependent project versions, you specify the
key to be used every time this status triggers a project version. 
The key for status-dependent project versions will be the same for all versions of projects with the same status, regardless of the project name.
You maintain the project version profile in Customizing for the Project System.
See:
Example: status-dependent project version
