I am attaching full SQL export of my database.
I have taken following steps, in version V5.4.4:
1) Values of "Statuses"
2) Values of "Profiles"
3) Values of "Users", "Contacts", "Resources"
4) Created new "Workflow"
5) Change ticket type for "Incident" to the newly created workflow
6) Access rights to "Forms"
7) Access rights to "Project dependent data"

Create new "Project" of T&M type
9) Add "Affectation" to the project -- add newly created user/ resource/ contact
Also, attaching screenshot of what I get. You can see "Initiated" status as next one. This is not the status that should come next, as per the workflow.