project approval JUST WRITTEN FOR YOU
/ˈprɒdʒekt əˈpruːvəl/ · pro·ject a·proval
noun
- The formal process of reviewing and validating a project's feasibility, budget, and scope before its commencement. The project team submitted their proposal for project approval to the board of directors.
- The decision or outcome of this process, indicating whether a project is approved or rejected. The project approval was delayed due to unforeseen budget constraints.
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Did you know? Project approval is a crucial step in ensuring that projects are aligned with an organization's goals and objectives, and that resources are allocated efficiently.