Recently Updated Sidebar For New Project

Okay, so maybe this is a bit ambitious since i've still not completley implemented a Wordpress theme yet, however I need a super simple way to manage bugs/issues and want to use this oppertunity to get into Wordpress development, so why the hell not try and use Wordpress as a basic issue tracker ;).

I plan on creating a simple custom post type (Issue) with some custom fields such as Status, I've no idea how I plan on realising the rest of the project - Wish me luck :o)!