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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 Undertaking
What is Project Undertaking    

What is Project Undertaking


Project Undertaking is a term that usually refers to an agreement to perform a project: a contractor gives an official guaranty to a customer (or a project committee) to make sure that they will get the project completed and all other associated commitments fulfilled as appropriate to project plan and contract (as far as they verify that they have everything necessary at hands). In fact this conception can be expanded by listing all actions and assumptions that precede dealing up such an agreement. To undertake some project, its performers need to have the following things complete: 

  • Agents and organizations connected with the project are ready to provide their support;
  • Project Management Committee is staffed with all necessary representatives;
  • Fundraising campaign is complete (funding is requested and provided by sponsors);
  • Acquisition list is complete, verified, and all tendering procedures are in place;
  • Detailed plans, work specifications and requirements are prepared and verified;
  • Constraints are approved and accepted as reasonable and feasible within given resources;
  • All additional contractors are engaged and ready to provide their services;

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