👉 A relative project is a task or initiative that is evaluated based on its impact, feasibility, and alignment with broader goals, often considering how it compares to similar efforts or standards. It involves assessing the project's scope, resources required, potential outcomes, and how it contributes to a larger mission or organizational strategy. Unlike absolute metrics, which measure success in isolation, relative projects provide context by benchmarking against industry standards, past performance, or similar projects, helping stakeholders understand its significance and potential for success. This approach is crucial for making informed decisions about resource allocation, prioritizing initiatives, and communicating progress to stakeholders.
