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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 Proposal
What is Project Proposal  

What is Project Proposal


Project Proposal is a document that is directed towards a potential project sponsor to convince this person or a committee of responsible organization representatives to accept your proposition about providing them with some desired services, creating some products interesting to them, or resolving some of their problems in exchange for their time, money and/or other required resources. Usually, this project proposal document is drafted in a response to a Request for Proposal (RFP) issued by a prospective client (this can be done within a project bidding process).

A project proposal embraces the following points:

  • Specific objectives of proposed project – based upon problems or needs stated in RPF;
  • Technical methods, solutions and approaches used to solve the problem or deliver products;
  • Anticipated results of the project – vision of how the situation will change after the project;
  • Costs, resources and efforts that the project involves to be accomplished in time;
  • Justification of selected methods and adequateness of the costs required to benefits promised;
  • Reasons why the sponsor should accept your proposition (why you believe it is the best one);

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