What is executive sponsor? - Definition from WhatIs.com

Definition

executive sponsor

Part of the Project management glossary:

An executive sponsor is a C-level administrator who has a vested interest in seeing a project to completion.

Ideally, the executive sponsor should be the highest-ranking manger possible, relative to the size of the project. Successful sponsorship requires a deep understanding of organizational culture and awareness of how the project will help the organization achieve its goals. Part of the sponsor's job is to promote the project within the organization, making sure that everyone understands the benefits the project will provide.

In some organizational cultures, the executive sponsor is the person who is responsible for financially authorizing a project and creating the project charter. The sponsor should work closely with the project manager (PM), but is probably not the project manager's boss. Typically, the PM is responsible for day-to-day execution and the sponsor only steps in to make decisions when change requests might affect the project's scope.

See also: project management, project management office (PMO)

This was last updated in July 2013
Posted by: Margaret Rouse

Related Terms

Definitions

  • contract theory

    - Contract theory is the study of how people and organizations develop legal agreements in situations with uncertain conditions, unknown factors and information asymmetry. (WhatIs.com)

  • should costing (should-cost analysis)

    - The purpose of should-cost analysis is assessing an appropriate figure to guide negotiations or to compare with a figure provided by a supplier. Should costing is often used in procurement. (WhatIs.com)

  • build or buy (make or buy)

    - Build or buy, often expressed as make or buy, is the fundamental decision as to whether to develop something in-house or purchase it from an external supplier. (WhatIs.com)

Glossaries

  • Project management

    - Terms related to project management, including definitions about project management methodologies and tools.

  • Internet applications

    - This WhatIs.com glossary contains terms related to Internet applications, including definitions about Software as a Service (SaaS) delivery models and words and phrases about web sites, e-commerce ...

Ask a Question. Find an Answer.Powered by ITKnowledgeExchange.com

Ask An IT Question

Get answers from your peers on your most technical challenges

Ask Question

Tech TalkComment

Share
Comments

    Results

    Contribute to the conversation

    All fields are required. Comments will appear at the bottom of the article.