Fast Solution to Error: Creating a master file to link data to multiple word documents with automatic updates and relative links

Creating a master file to link data to multiple word documents with automatic updates and relative links

Hello,

I am looking guidance on how to set up a master file that will contain the data that I want to link to multiple word document that will automatically update and use a relative link to the master file.

I have a massive amount of documents (60 plus) for each project that I have to update information like milestone dates, project name, number, size, etc.
as well as other data that needs to be consistent across all the documents whenever they are mentioned. 
Whenever there is a new project I copy the file structure to the project folder and then manually change each item in all the documents to update the information specific to that project.

What I am hoping to do is to create a master data file (Excel Spreadsheet) that I will link to the correct locations in each word document with Copy ->Paste Special -> Paste Link to link the data. 

What I want to do is create a master folder structure to use as a template that I will copy and paste to the project folders and be able to edit the master file (that will be copied along with all the word files).  Is this a good approach to solving my problem
and how can I ensure that the links are relative and not absolute?  I'm trying to avoid making a fundamental mistake in my approach before spending hours setting up all the links.

Thanks in advance.

Anwsers to the Problem Creating a master file to link data to multiple word documents with automatic updates and relative links

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To see how to implement relative paths in Word, check out the solution I've posted at:
http://windowssecrets.com/forums/showthread.php/102080-Relative-Paths-in-Word-Fields-(All)?p=584769&viewfull=1#post584769
For links to Excel, you'll need the macro solution.

If you failed to fix it, another option is to call Microsoft and walk through the process with a technician. To do this, dial "1-800-936-5700". Explain the error that you received and the steps in the update process during which it was displayed. The technician will be able to walk through the steps from getting a new product key to finishing the installation.

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