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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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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.

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Home » Glossary » What is Project Authorization?
What is Project Authorization?    

What is Project Authorization?


Project Authorization is a general process of verifying a proposed project for initiation and further development. This process aims to confirm that the project is feasible and cost-effective, so it can step through the initiation phase and proceed to the planning phase. It involves key stakeholders in review and analysis of the project to confirm this project is worth initiation.

 As a process, project authorization carries out a series of activities. In general, these activities are:

  • Propose the project. This activity involves identification and description of project goals, deliverables, benefits and impact. It creates a proposal request that is submitted to the sponsor and customer for review.
  • Review the project. This activity aims to review the proposed project through analyzing its feasibility and cost-effectiveness.
  • Approve/reject the project. The final activity is intended to generate a response to the proposal request and submit it to the development team. Such a response authorizes or rejects the project for initiation and further development.

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