This video shows how to utilize the Object status feature when working in the shared development model. Having the real-time information about the status of each version-controlled object is essential in case all developers are working on the same database.
The appropriate object status icon is presented in the Object Explorer pane if an object is edited, checked out, checked out with lock, edited, checked out and edited after that, checked out with lock and edited after that. For all the mentioned variations, there are separate icons on a machine where the particular status is changed, as well as on all other machines where other developers are about to be informed what status is changed.