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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.

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Home » Glossary » What is Project Interdependency
What is Project Interdependency   

What is Project Interdependency



 
 

 Project Interdependency is a term used to denote a situation when two or more projects are related to each other in certain ways (they depend on each other somehow). Project interdependency can be considered as a great risk for all projects that interrelate within a certain schema, because if one of them fails to deliver expected results appropriately, then all other projects in this schema will be affected too (if this interdependency is critical, then collapse of one project will automatically result into collapse of dependent ones). 

Here are some kinds of situations where two or more projects can be interdependent: 

  • The same resource is shared by several projects – they can compete for it (resource conflicts can occur), or intensive involvement can lead to excessive stress put upon this resources (so the risk of resource outage increases);
  • One project cannot be started until the other is finished (or started), or until certain deliverables from that project are ready (one or more tasks in another project should be completed);
  • The projects compete for a limited pool of funds (projects share an overall budget), so if a cost overrun occurs on one of the projects, then all others will be put under risk of funding shortfall;

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