When working on a document in Word 2007, you can indicate it's in a draft status by adding a watermark to it.
Here's how to to insert a pre-designed watermark from Word's templates:
- On the Microsoft Word 2007 ribbon, click on the Page Layout tab
- Click on Watermark
- Click on one of the watermarks you want to use, and it'll be automagically added to your document.
Note: Watermarks in Word documents can be viewed only in Print Layout & Full Screen Reading views, and on the printed page.