Opportunity Status values

Summary

Opportunity Status values

Content

Hi all,

We are using the values of Status of Opportunity field OOTB. Same for Forecasting, Leads and Sales Methods and Sales Stages (Standard Sales Process) are being used in their standard version or OOTB.

To add / remove values from the Opportunity Status field:

How and where can I change it?

What impact does it have on the rest? Do I have to change or adjust elsewhere?

I think it's not that simple just add / remove new values in the Status fields.

Thanks as always for all help and recommendation.

Regards,

Herno