To associate is to connect or join together.
Associated Items in EPM Live means that one item (list) is connected to another in one way or another by a Grid/Gantt Web Part.
Some good examples include the following.
- Your portfolio items may have associated project items.
- Your project items may have associated issues, risks, changes, documents, and more.
By using the associated items feature, it is possible to view the associated items of a list item from one page such from the Portfolio Center, Project Center, and Issue Center.