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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 Sub-Project
What is Sub-Project  

What is Sub-Project



 
 

Sub-project is a small project within the framework of a larger project. It includes a planned series of interrelated tasks to be performed over a fixed period of time and within certain cost, effort and other limitations. Sub-projects serve as structural elements for broader projects and usually obtain middle and high levels in project hierarchies.

Sub-projects (aka "child projects") are integral components of parent projects. They may belong to project portfolios or programmes. Essentially, a sub-project does not differ from a project; the only differences are:

  • A sub-project is dependent on other sub-projects belonging to the same project environment
  • A sub-project is substantiated to a high-level (parent or portfolio) project or programme

The idea behind using sub-projects in a project environment can be explained by these items:

  • There is a larger project that is hard to manage, so decomposing it into sub-projects makes the management process much easier and understandable
  • There are several sponsors involved in one and the same project or program, and decomposing this project/program into several sub-projects allows the sponsors to efficiently share their impact and governance within the environment.

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