Projects (sometimes known as Initiatives) are a hierarchy object type. They are typically pieces of work with a moderate to long time-frame. They are typically made up of Features, Stories and Tasks.
Projects can either be connected to a Portfolio or directly to the company. However, please note that Projects can only be connected to one parent.
When would I use a Project?
You would typically use a project when you are running a distinct piece of work with fairly clear outcomes. This is typically something that would take between 3 months and 2 years to complete and will have a definitive start and end date.
What can I do with a Project?
When you create a project, it will allow you to aggregate information for all items within it. For example, if you create a project with a number of tasks which in turn have sub-tasks. The project will allow you to run reports that show aggregate measures for all the work items under it.
To build up a portfolio you can add child work items. These will be either:
You can also directly add Functional Objects to the project. The functional objects you can add are as follows:
You can manage data against the portfolios using the following interfaces:
You can get the following reporting on Portfolios
Risks and Issues