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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
Home » Glossary » What is Project Alliancing?
What is Project Alliancing?    

What is Project Alliancing?


Project Alliancing is a form of business cooperation between two or more parties involved in a collaborative project(s) to take this project from the startup stage through the delivery stage. It is a legal framework that establishes relationships between the parties and explains how risks and responsibilities should be shared by the parties in producing the project and accomplishing its goals.

 Project alliancing can be also regarded as a process of merging business organizations into a single temporary/permanent project management entity that makes centralized decisions and controls decision implementation. The process establishes cooperative relationships which are defined and agreed-upon in project alliance agreement.

 All parties involved in project alliance agree upon the following:

  • Costs incurred from the project are compensated by every party, by the amount of the party’s contribution to the project
  • Risks inherited from the project are shared between the parties
  • Benefits produced by the project are shared as well
  • Decisions are made centrally
  • Duties and responsibilities on the project are shared.

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