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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 Take Off
What is Project Take Off  

What is Project Take Off


Project Take Off is a buzzword which is adopted from aviation (by analogy with a plane or rocket take off): it means actual start of the project execution. Project Take Off means a situation when a project is ready-to-go – the project plan is ready, the team is assembled, funding and administrative resources allocated, etc, so the practical project performance can be started immediately. In other words the “take off” analogy refers to the project as to an airship which is loaded with supply and has all the staff and passengers onboard, so it takes off and flies towards its destination. The project stakeholders may use special checklists to inspect readiness of their projects to take off. These lists may include: 

  • The Project Plan (Project Scope, WBS, PBS, Schedule, Budget, etc);
  • Necessary project documents (specifications of deliverables, permissions, etc);
  • Project Team (availability and readiness of the team members);
  • Availability and readiness of resources and facilities (raw materials, site, premises, etc);
  • Availability of favorable environmental conditions;
  • Formal allowance (to start the project) from Project Stakeholders Committee;

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