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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 Relevance
What is Project Relevance  

What is Project Relevance


Project Relevance is a statement of benefits to be gained and problems to be resolved with a help of the project. Project Relevance is a project’s abstract which is understandable both to lay people and advanced professionals. The point of writing a “Project Relevance” statement is to:

  • Provide the readers with a brief explanation of reasons why the project has been started and why it should keep existing (who and why requires it);
  • How the successful performance of the project is expected to result into rectifying the explained problematic situation (a set of pending issues to be gradually resolved);
  • Benefits to be gained in a short-term prospect and over the prolonged period of time;

Project Relevance is used in the following situations:

  • When people struggle for grants and attention of sponsors: they need to introduce their projects in a brief and definite manner to impress the sponsors;
  • When people need to introduce their projects to a wide audience of lay people: from a web-site, in special brochures, etc;
  • When project stakeholders want to attract more of attention and support from some institutions, funds, private persons, etc;

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