Opportunities don't display Pipeline Phase in CRM

I've run into some cases where Dynamics CRM will not correctly display the pipeline phase in the status area of the Opportunity record. Most often, the Opportunity simply display "None" even though the Opportunity may show up correctly on Reports like the Sales Pipeline Report.

There is a quick work-around. It appears that if you add the Pipeline Phase record as a read-only record on the Opportunity form, it will correctly display in the status area.

So, dig into Setting / Customization / Customize Entities / Opportunity / Form and add the record. Make sure the check the box that sets the field as Read-Only.

Update: If you need to develop a workflow that sets the pipeline phase, you'll need to remove it from the Opportunity form or it won't show up under Additional Fields.