Is it possible to create a Status Update template for projects?

I would like my team’s project status updates all to be formatted the same way(pic attached). Is there a way to include this as part of a project template or a bundle so that it is automatically included when I hand over the project to one of my program managers? In current state, I am asking them to copy and paste it over and this is leading to a lot of disparity and formatting inconsistencies that I have to change when I pass the updates to our external teams.

A post was merged into an existing topic: Templates for project status updates