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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 Transparency?
What is Project Transparency?  

What is Project Transparency?



 
 

Project Transparency is a mechanism of sharing project data between project participants through facilitating information flow distribution across all management levels throughout the project lifecycle. It is a way to observe project status data while also delivering essential information to implementation teams and management staff.

 A project becomes transparent if the following conditions are met:

  • Teams can easily access and work with project data, no matter where they’re located and when they try to access.
  • There is assurance that data is accurate and provided by the official source.

 Essentially, transparency has a positive impact to a project because of the following benefits:

  • Improved understanding of the project
  • Enhanced team productivity
  • Increased accountability
  • Smooth communications 

As much a project is transparent, as it is easier for team members to communicate and share project data. A more transparent project is open to discussion and understanding. Meanwhile, such a project may suffer from information leakage, so it is a matter of project safety to keep project data secure and available only to those having appropriate authority and rights for reviewing and communicating the data.

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